Sykesville has welcomed a former controller as the town’s treasurer.
Craig Weaver, originally from Baltimore City, moved to Sykesville more than 20 years ago. He entered this new position after serving as a controller for three years at Baltimore-based Railplan International Inc.
The Times recently caught up with Weaver, who started in the position Jan. 2, to discuss the position, his qualifications and experiences and what he likes best about his new gig.
Q: What are your primary duties in your position?
A: Maintain and administer the town’s general financial operations, maintain all financial records including the general ledger and payroll, prepare monthly financial reports for the mayor and town council, and assist in the preparation of the annual budget.
Q: What do you think makes you most qualified for the position?
A: I’ve been a controller for various companies over 25 years.
Q: What did you do in your position as a controller for various companies that would transfer over to your position as treasurer?
A: A controller position tends to be very multifunctional in nature, providing leadership for all financial areas of an organization. They usually manage all accounting operations including accounts receivable (billing, collections), accounts payable (payments to vendors), payroll and the general ledger (usually computer software maintaining all the financial records). Depending on the size of the company, the controller usually will have a staff that reports to him/her performing the above duties.
A controller will prepare and publish, on a timely basis, all monthly and annual financial statements; he/her will be responsible for all banking transactions, including reconciliation of accounts; coordinate and manage the preparation of the capital and operating budgets and forecasts; and usually has responsibility for the pension (retirement plans), benefits (employee) and corporate insurance policies.