Finance Department

Mission

To coordinate human and financial resources necessary to provide sound financial support services to internal and external customers.

General Accounting

• Ensures financial transactions are properly recorded in accordance with generally accepted accounting principles (GAAP), applicable laws and regulations
• Monitors cash flow and banking activity
• Coordinates external audit activities, financial analyses and preparation of financial reports
• Evaluates internal controls and ensures compliance with appropriate policies

Accounts Payable

• Processes invoices and pays County vendors accurately and on-time
• Ensures compliance with internal controls by checking invoices and supporting documents
• Works with other departments within the County to improve workflow processes
• Improves vendor relations by providing fast and accurate answers to vendor inquiries
• Performs compliance reporting of vendor payments

Payroll

• Coordinates all time entry to ensure accurate payments to Peoria County employees
• Responsible for processing payments for certain 3rd party and tax withholding liabilities
• Responsible for filing necessary quarterly and annual tax compliance reports
• Perform department internal compliance audits and assist departments in improving the payroll process

General Accounting Management

• Assists County departments with grant applications, compliance and reporting
• Accounts for acquisition/sale of County fixed assets
• Prepares grant reports and coordinates single audit activities
• Provides consulting services to County departments for accounting and financial transactions

Comprehensive Annual Financial Reports (CAFR)

View current and archived CAFRs for Peoria County.