Finance department – Open MRTD http://openmrtd.org/ Wed, 18 May 2022 00:10:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://openmrtd.org/wp-content/uploads/2022/01/icon-2022-01-31T171458.103-150x150.png Finance department – Open MRTD http://openmrtd.org/ 32 32 City of Dalton Finance Department Wins Excellence Award https://openmrtd.org/city-of-dalton-finance-department-wins-excellence-award/ Tue, 17 May 2022 16:59:43 +0000 https://openmrtd.org/city-of-dalton-finance-department-wins-excellence-award/ For the 19th consecutive year, the City of Dalton’s finance department is honored for excellence in the management and accounting of the city’s books. The Association of Government Financial Officers of the United States and Canada announced that Dalton has again received the Certificate of Excellence in Financial Reporting for the city’s comprehensive annual financial […]]]>

For the 19th consecutive year, the City of Dalton’s finance department is honored for excellence in the management and accounting of the city’s books. The Association of Government Financial Officers of the United States and Canada announced that Dalton has again received the Certificate of Excellence in Financial Reporting for the city’s comprehensive annual financial report covering fiscal year 2020.

“It’s an accomplishment. It’s a lot of work to get CAFR in place for our entire finance team and our auditors as well,” said Cindy Jackson, the city’s chief financial officer. “You know, not all cities do it, many cities don’t do it. So that’s an accomplishment.

The CAFR is more than just a budget document. The comprehensive report contains over ten years of historical data on city financial trends as well as statistics and other data. The document includes a forward that details the city’s accomplishments over the past year as well as an overview of the city itself. The document also includes a discussion and analysis of the city’s financial management during the year covered, including budget changes and other information. Reports are submitted to the State of Georgia where they can be viewed on the State Auditor’s website. The city’s latest 14 CAFRs are also available for review on the city’s website at daltonga.gov.

After each year’s report is completed and submitted to the state, the CAFR is also submitted to the GFOA for review. A GFOA statement announcing the award notes that the city’s CAFR was reviewed by an impartial panel for its adherence to the program’s “high standards, which includes demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial history and motivate potential users and user groups to read the report. The press release states, “The Certificate of Achievement is the highest form of recognition in the field of government accounting and financial reporting, and earning it represents a significant achievement by a government and its leadership.”

The award and the CAFR itself show that the city’s finance leaders and staff strive to be good stewards of taxpayers’ money.

“It contains a lot of budget information, and you can see a lot of tax collection trends, tax rates, sales tax information, and duty call information for police and firefighters,” Ms Jackson said. “It has a lot of great information for you to learn about your community.”

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Tamil Nadu finance department to delegate more autonomy to other departments in expenditure decision https://openmrtd.org/tamil-nadu-finance-department-to-delegate-more-autonomy-to-other-departments-in-expenditure-decision/ Sun, 08 May 2022 04:51:56 +0000 https://openmrtd.org/tamil-nadu-finance-department-to-delegate-more-autonomy-to-other-departments-in-expenditure-decision/ The Tamil Nadu Department of Finance, which manages the state government’s public finances, aims to delegate more autonomy to other departments over spending decisions while ensuring that accountability is significantly strengthened. The department ensures efficient use of public funds and plans to make the audit system more robust and efficient, says the department’s 2022-2023 policy […]]]>

The Tamil Nadu Department of Finance, which manages the state government’s public finances, aims to delegate more autonomy to other departments over spending decisions while ensuring that accountability is significantly strengthened.

The department ensures efficient use of public funds and plans to make the audit system more robust and efficient, says the department’s 2022-2023 policy brief presented by Finance Minister Palanivel Thiaga Rajan to the Assembly on Saturday.

The department’s vision is to ensure the sustainability of the state’s fiscal health through prudent budget management, with a broad prioritization of sectors and initiatives. The department also adopts modern practices with technological interventions, to meet ever-changing challenges. The Department manages the macro elements of the annual budget in terms of aggregate level of revenue and expenditure. As part of this, the department aims to delegate more autonomy to other departments, the guidance note says.

Regarding the efficient use of public funds, the department plans to strengthen the integrated financial and human resources management system (IFHRMS) and the treasury system; track the flow of funds to other departments and agencies; strengthening of the audit system; adoption of modern budgetary practices; increase accountability and productivity; improve the efficiency of procurement processes, says the policy brief.

New Asset Management System (AMS)

In the 2022-2023 Budget Speech, it was also announced that to account for all the government’s movable and immovable assets and to monitor their use, a new SMS will be introduced and integrated into the SIRHSF starting next year. Cloud-based AMS software has been developed by the Tamil Nadu eGovernance Agency to optimize resource utilization by tracking the life cycle of all government department assets.

This software is being updated to allow ministries to know precisely all the assets they own. This, in turn, would allow for proper accounting, with maintenance budgeting ensuring longer asset life. The data collected would be retrieved in the IFHRMS for accounting and better budgeting.

Departments of the Public Department (within the Secretariat), Revenue and Disaster Management, DGP Office and Commercial Tax Departments uploaded details of their assets using AMS software on a pilot. The finance department also updates the asset details in the above software and the necessary instructions have also been given to department heads under the control of the finance department to update the details through the relevant drawdown and disbursement agent, Policy Note said.

The Tamil Nadu Emerging Sector Seed Fund, which was established to invest in startups and other ventures in emerging sectors, has obtained SEBI approval to raise capital with a targeted corpus of Rs.500 crores.

The Tamil Nadu Industrial Development Corporation Limited and TIDEL Park Limited have pledged for Rs 30 crore and Rs 20 crore respectively, the policy note says.

Published on

May 08, 2022

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Gold Bond promotes from the inside for the head of the finance department https://openmrtd.org/gold-bond-promotes-from-the-inside-for-the-head-of-the-finance-department/ Wed, 04 May 2022 17:37:30 +0000 https://openmrtd.org/gold-bond-promotes-from-the-inside-for-the-head-of-the-finance-department/ Independent bedding manufacturer Gold Bond recently promoted one of its own to assist its accounts department. Rick Zea, who has been an integral part of the company’s operations for the past two years, has been named Senior Accountant. In her new role, Zea is responsible for overseeing all accounting activities and reports to […]]]>




Independent bedding manufacturer Gold Bond recently promoted one of its own to assist its accounts department. Rick Zea, who has been an integral part of the company’s operations for the past two years, has been named Senior Accountant.

In her new role, Zea is responsible for overseeing all accounting activities and reports to Gold Bond’s Chief Financial Officer, Christine DeBonee.

“We are trying to prepare for the long term,” said Robert Naboicheck, CEO of Gold Bond. “Rick is a smart guy who comes from the banking industry. He knows the ins and outs of our business and his approach to customer service is top notch. He is well deserving of a promotion.”

Prior to joining the Gold Bond family, Zea was an assistant manager at Webster Bank in Hartford, Connecticut. Previously, he was a Financial Services Representative at TD Bank.

“A lot of what I learned in the banking world applies to my current role, in terms of our day-to-day operations.”

“He’s done an amazing job,” said Skip Naboicheck, Chairman of Gold Bond. “We’ve grown our business significantly over the past two years, and it’s been hectic, but Rick has handled it very well.”

In his new role, he will continue to assist with the company’s social media initiatives, work to strengthen customer relationships and implement cost-effective metrics.

“He helped with Christine’s transition into her new position and also helped with our social media initiative,” Skip Naboicheck said. “Also, since he made it a point to learn so much about our products, he was able to help us with customers as our business continues to grow. It’s heartwarming to know how much he cares, and it shows in the work he does.

Zea holds a bachelor’s degree from Central Connecticut State University in New Britain, Connecticut. He currently resides in Hartford.


About Gold Bonds

Founded in 1899, Gold Bond is one of the nation’s largest independent manufacturers of mattresses, specialty box springs and futons. The company is a leader in mattress manufacturing techniques and has over a century of experience bringing product innovation, high manufacturing standards and executive leadership to the industry. Gold Bond currently ships to 40 states and five countries, and its products are available in more than 500 showrooms. For more information, visit www.goldbondmattress.com.

Furniture industry news and in-depth magazine articles for furniture retailers, furniture manufacturers and furniture distributors.

Read other articles by Nicholas Ledoux

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Train yourself with this five-step plan for the finance department https://openmrtd.org/train-yourself-with-this-five-step-plan-for-the-finance-department/ Wed, 04 May 2022 05:48:22 +0000 https://openmrtd.org/train-yourself-with-this-five-step-plan-for-the-finance-department/ Feeling a little chubby these days? You’re not alone. In a recent WebMD survey, 54% of respondents said they gained weight due to coronavirus lockdowns. Makes sense: people weren’t going to the gym, many were subsisting on takeout (OK, basically, all of us), and we weren’t getting into the daily steps we take walking around […]]]>

Feeling a little chubby these days? You’re not alone. In a recent WebMD survey, 54% of respondents said they gained weight due to coronavirus lockdowns. Makes sense: people weren’t going to the gym, many were subsisting on takeout (OK, basically, all of us), and we weren’t getting into the daily steps we take walking around the office every hour to socialize. – uh, collaborating with colleagues.

As the world opens up again and we get to know the gym all over again, it might be time to consider whether your finance department needs its own fitness plan. And no, not the kind of plan that has you lifting and lifting weights at 5 a.m., we’re talking about a digital transformation strategy.

The digital finance revolution has been underway in finance departments around the world for quite some time. But as many of us turn to fitness and diet to shed quarantine 19 (that’s the cutesy term for the pandemic version of the Freshman 15), progress is slow. The reasons are many and varied, but here are a few: legacy systems and an unhealthy attachment to them for fear of change, manual processes, over reliance on Excel (blasphemy, I know), too much data and not enough time to make sense of it, and changes to regulatory reporting and compliance requirements in virtually every industry.

Financial departments of organizations of all sizes have been outpaced by every other department in the organization when it comes to automation and digital transformation. Sales and marketing are a decade ahead — they’re doing CrossFit four days a week while finance is on edge just going to the mailbox to get the mail. Marketing, for example, is mixing AI with social media to reach the right audience with precision, and customer service is using chatbots to provide their customers with self-service options and lighten the load on their human agents.

While technology has greatly influenced the world and the way business is conducted, finance teams still find themselves surrounded by stacks of paper, manual processes and quarterly binders with nicknames as if they are part of the finance family. . Just check out this 2020 survey from the Association of Accountants and Finance Professionals (IMA) and Deloitte. In it, 75% of respondents said their company’s accounting processes are either largely manual or still require considerable manual effort.

To some extent, the reluctance to modernize finance is understandable. There is a limited risk of a marketing team failing with innovative new technology; it’s not like a regulatory agency is going to come down on them because an Insta post didn’t get a lot of likes. The risk is much higher when it comes to financial reporting, especially for public companies. However, it is a risk that must be taken at some point. For organizations to stay competitive, they need to innovate and automate. For many organizations, the pandemic was the boost needed.

In a podcast late last year, Allen Narkiewicz, national head of financial services, Finance Transformation Practice at KPMG, explained how the pandemic has exposed how manual financial processes are.

“When COVID hit, it really highlighted the number of manual workarounds in banks’ financial and accounting processes,” he said. “Trying to go and resolve these regulatory issues and issues that were coming up, linking them to your finances, reconciling all this data that might have been scattered, not in one place, not linked through your systems, all of suddenly it highlighted people not having job satisfaction. One of my clients — when we asked him what he wanted to stop doing — it was all that work that could be digitized, you could automate those streams, you could have the data lineage and link it.

He continues with the story of a client whose financial department uses 50-year-old technology. And no, the customer is not a family convenience store with a large paper ledger that the owner’s wife manages. He’s a real big customer. “Right now, you know, one of the banks I’m dealing with, their ledger is actually about 50 years old. The ledger before their current ledger was pen and paper. It was literally a paper ledger And so that’s what we’re dealing with This is a bank that, of course, had to have manual processes built around how this ledger was set up, built, designed because we’re dealing to a technology that is 50 years old.

Fifty. Years. Old. Reminder: Even Excel is not that old, it is not even 40 years old.

Alright, so we’ve established that finance departments are the chubby kid in the high school gym who runs the full mile on the day the class has to run the track. Fortunately, there are solutions to get finance into shape digitally. As you think about how to turn your finance department from flabby to fit, keep these five things in mind:

Adopt a composable architecture

According to Gartner, by 2023, organizations that have adopted a composable approach will outpace the competition by 80% in the speed of implementing new features. “The composable business is a natural acceleration of the digital business that you experience on a daily basis. This allows us to deliver the resiliency and agility these exciting times demand,” said Distinguished VP Analyst Daryl Plummer during the Gartner Virtual IT/Xpo® Symposium keynote. “We’re talking about the intentional use of ‘composability’ in a business context – architecting your business for real-time adaptability and resilience in the face of uncertainty.”

A composable architecture delivers automated, agile, best-in-class financial management capabilities and processes, enabling incremental modernization, financial innovation, and accelerated speed to value. And it can be adapted along the way (unlike 50-year-old ledgers around which clumsy processes have to be built). Solutions should be vendor-neutral and easily integrate with source, target, and complementary systems; your department should be able to “train” even when you change gyms.

The financial user needs a personalized “training plan”, not a solution with someone else in mind

Financial solutions should be designed with the financial user in mind and should opt for solutions that include integrated financial IP to speed up implementations and leverage financial best practices. Financial users must be empowered to configure rules in a no-code environment. Think about being able to do perfect squats at home at your convenience instead of exercising only when a trainer is there to guide you every step of the way.

It’s cloud or nothing

Finance has been the slowest department to accept and adopt cloud solutions. Historically they have been hesitant due to security concerns, with the loss of control and ability to customize the solution (SaaS solutions typically require more standardization), but that time has passed and finance needs to engage with cloud solutions that offer much higher bids. levels of scalability, automation, performance and control.

As the pandemic has taught us, organization-wide access is essential not only in finance, but especially in finance. Now that we’ve experienced for ourselves trying to organize and access data 100% virtually, it’s time to take those lessons and make sure we never have to pass critical information. The cloud offers a current and fully available solution that, despite being “new” in the technology space, has proven to be invaluable.

Technology is changing rapidly and financial architecture must be ready for the future

The world is becoming less and less predictable and finance teams must respond to both business risks and opportunities. All solutions implemented must stand the test of time. They must provide the building blocks, performance, and scalability to react with agility to market factors. Solutions must natively integrate emerging technologies (AI, MI, blockchain, etc.).

As we learned in March 2020, there will be things completely beyond our control that can have drastic effects on all aspects of life and business. The best CFO in the world can only control internal factors, and the tools to help these CFOs do their best work must be responsive to real-time market data and events to allow finance departments the agility needed in changing conditions.

Data is your most valuable asset and you should have access to it at all times

In today’s internet-driven, always-connected world, data is widely considered one of the world’s most valuable resources because of the potential revenue and business value it can provide. Data affects all of our lives in ways most of us can’t even imagine, and that data can be dramatically leveraged by organizations.

Today’s CFO must not only have access to real-time data, but also have full traceability of the origin of that data and the ability to visualize it to surface trends and insights for the business. . Using a Data Fabric approach to access multiple data sources reduces data duplication, storage costs, and complexity.

Financial transformation may not be an easy journey, but neither is getting in shape. As with physical health, there are tools to help financial services make that difficult journey a little easier. And like all good fitness plans, the rewards from investing in health are great and so worthwhile.

Transforming your finance department into an efficient, automated and successful powerhouse can seem daunting. Fortunately, Aptitude Software has focused on the CFO’s office for decades and brings deep expertise in finance, accounting, and technology. Aptitude offers solutions to help you comply with challenging regulations, drive global revenue automation, and drive successful financial transformation.

Curious to learn more about organizations that have improved their digital finance readiness? Listen to an on-demand webinar, Mistakes to Avoid for Successful Digital Finance Transformation and listen to finance leaders share first-hand experiences of their transformation journeys. Or, browse our resource library for other assets that can help you achieve your financial goals and ambitions.

Latest Accounting Jobs – Apply Now:

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Research Fellow, Department of Economics and Finance at RMIT VIETNAM https://openmrtd.org/research-fellow-department-of-economics-and-finance-at-rmit-vietnam/ Mon, 02 May 2022 01:28:34 +0000 https://openmrtd.org/research-fellow-department-of-economics-and-finance-at-rmit-vietnam/ RMIT is a global university of technology, design and enterprise. Our footprint is global and, more importantly, our mindset is global. We are committed to having a positive impact wherever we go. The wider our reach, the deeper our connections, the greater our impact. SCHOOL OF BUSINESS AND MANAGEMENT Over the past twenty years, RMIT […]]]>

RMIT is a global university of technology, design and enterprise. Our footprint is global and, more importantly, our mindset is global. We are committed to having a positive impact wherever we go. The wider our reach, the deeper our connections, the greater our impact.

SCHOOL OF BUSINESS AND MANAGEMENT

Over the past twenty years, RMIT Vietnam School of Business and Management has built a reputation for excellence in business and management education, offering high-quality, industry-tailored programs and relevant to the national and global market. Our business programs offer new perspectives on business issues and we inspire our students to challenge, create and think outside the box.

POSTS

The Economics and Finance Researcher will provide research support to specific projects attached to the Development Economics and Emerging Markets (SBM) cluster in particular and to the school at large. Research interests include economics, finance, accounting, law, blockchain, and innovation and business. Working under the general direction of the Head of Department, the Researcher will be responsible for coordinating the day-to-day research support activities of the projects, acting as the first point of contact for all project-related inquiries and providing support when needed.

Specific responsibilities will depend on the subject, nature and duration of the project(s), provided by the Development Economics and Emerging Markets cluster. Research interests include economics, finance, accounting, law, blockchain, and innovation and business.

The economics and finance researcher will have a university doctorate in economics, finance, accounting, law, blockchain and innovation and business with experience in the use of Stata, R or other econometric software packages.

Additional requirements:

  • Research experience in collecting primary or secondary data.
  • Experience applying for international tenders and project management
  • Ability to research, analyze, interpret, evaluate, coordinate and report resulting information.
  • Knowledge of literature review databases
  • Demonstrated ability to meet deadlines and effectively manage varying workloads and respond to changing priorities as required.

For more information on this position, please see the job description below.

BENEFITS INCLUDE

  • Very competitive VND salary (plus allowances) for local candidates or attractive salary package in USD (plus benefits) for expatriate candidates based on its proven track record in meeting all key selection criteria.
  • Expatriate candidates: Moving allowance and flights for dependants. Tuition support up to USD 15,000 per child per year, up to 2 children per family; private health insurance coverage for staff and family; annual health check; Work permits for staff, Visa and temporary resident cards for family members.
  • Local candidates: 13th month Tet bonus + private medical insurance (for you and your dependents) + annual health check-up.
  • 20 days of annual leave plus 5 days of paid leave at Christmas closing, plus public holidays and 10 days of paid sick leave.
  • Support and guidance from an experienced mobility advisor to assist with work permit and visa application as well as relocation and settling in to live and work in Vietnam.

HOW TO REGISTER

During the application process, you will be asked to upload the documents below. We recommend having them on hand when you start.

  • CV and cover letter
  • A copy of your current ID
  • Evidence of highest qualifications
  • Proof of English proficiency (if applicable)
  • Other supporting documents (if applicable)

Applications closed:

18 Thursday 6 2022 11:59 p.m.

RMIT Vietnam University (RMIT Vietnam) is a campus of RMIT University. RMIT Vietnam creates an innovative culture of research, teaching and learning. We are committed to providing internationally recognized, high-quality professional education and training to our students, clients, and community members. As an internationally renowned Australian university based in Asia, RMIT Vietnam helps develop human resource capacity in Vietnam and the region.

https://www.rmit.edu.vn/about-us

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Scam Promises 80% Return Every 24 Hours, US Treasury Department Warns https://openmrtd.org/scam-promises-80-return-every-24-hours-us-treasury-department-warns/ Sun, 01 May 2022 04:41:25 +0000 https://openmrtd.org/scam-promises-80-return-every-24-hours-us-treasury-department-warns/ Scam promises 80% return every 24 hours, warns the US Department of Finance in Idaho. Scam projects also claim zero risk for investors, which lures them into a volatile market. For crypto enthusiasts, it might seem like an obvious fact that anything that promises 80% every day must be a scam, but for newbies or […]]]>

Scam promises 80% return every 24 hours, warns the US Department of Finance in Idaho. Scam projects also claim zero risk for investors, which lures them into a volatile market. For crypto enthusiasts, it might seem like an obvious fact that anything that promises 80% every day must be a scam, but for newbies or ignorant people, it looks like a dream come true. So for those people, I have two tips.

  1. If something seems too good to be true, it isn’t.
  2. It is not easy to make money in the crypto markets.

Scam Warning

Investors in Idaho were being targeted by these scammers, so the US Treasury Department warned people of the same. These scams will trick you into believing that they are supported or run by well-known platforms. They used Shied Investors Ltd., Finvest Trading and Crypto FX Direct as names and websites. Some of them have already been bullied and probably scammed.

The yield range was between 65% and 80% every 24 hours, and these are guaranteed yields. If a project promises a fixed return of more than 20% per year, that is already too high. In this case, it is in thousands of percentages in return.

How do they work?

These companies charge high upfront fees for investors to start using the platform. For example, Finvest Investing fees vary between $500 and $100,000, which users have to pay with crypto. The more you invest, the higher the returns generated by these plans. So it’s not that they only target rich or poor investors. They have plans in different price ranges, so anyone with a little cash might be cheated as well.

Once someone buys a plan, it’s good to start trading; once they make substantial returns on the platform, they will be asked to pay additional money for the withdrawal. Some have also been charged with penalties and fees before payment. These scammers try to get the best out of investors until they realize they have been scammed. Once you do, they either kick you out of the system or disappear.


I want to reiterate again that any project that promises too much is probably a scam. Before investing in anything, do your due diligence or contact a professional who can guide you.

Why do you think of the scam that promises an 80% return every 24 hours? Let us know in the comments below. Also, if you found our content informative, like it and share it with your friends.

Read also : Panama to announce that Bitcoin is legal tender, becoming the 3rd country to do so

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The finance department of the parish of Saint-Charles receives the national budget prize for the 10th consecutive year – L’Observateur https://openmrtd.org/the-finance-department-of-the-parish-of-saint-charles-receives-the-national-budget-prize-for-the-10th-consecutive-year-lobservateur/ Sat, 30 Apr 2022 05:04:32 +0000 https://openmrtd.org/the-finance-department-of-the-parish-of-saint-charles-receives-the-national-budget-prize-for-the-10th-consecutive-year-lobservateur/ HAHNVILLE – For the 10th consecutive year, the Finance Department of St. Charles Parish has received the Distinguished Budget Presentation Award for its 2022 budget by the Government Finance Officers Association of the United States and Canada (GFOA). “The St. Charles Parish Finance Department is incredibly honored and humbled by this award, our 10th consecutive […]]]>

HAHNVILLE – For the 10th consecutive year, the Finance Department of St. Charles Parish has received the Distinguished Budget Presentation Award for its 2022 budget by the Government Finance Officers Association of the United States and Canada (GFOA).

“The St. Charles Parish Finance Department is incredibly honored and humbled by this award, our 10th consecutive GFOA Distinguished Budget Presenting Award,” said Chief Financial Officer Grant Dussom. “It is truly a testament to all the hard work and dedication the finance department puts forth day in and day out, and I couldn’t be prouder of this department for once again receiving this incredible recognition.”

This award is a significant achievement for St. Charles Parish and the Department of Finance as it demonstrates commitment to upholding the highest principles of government budgeting. The Ministry of Finance had to meet nationally recognized guidelines for effective budget presentation to receive the award.

The guidelines are designed to assess the extent to which an entity’s budget serves as a policy document, financial plan, operations guide, and communications device. Budget documents must receive a proficiency score in all four categories and 14 mandatory criteria to receive the award.

GOFA advances excellence in public finance by providing best practices, professional development, resources, and practical research to more than 21,000 members and the communities they serve.

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Moore appointed director of the finance department https://openmrtd.org/moore-appointed-director-of-the-finance-department/ Fri, 29 Apr 2022 01:33:09 +0000 https://openmrtd.org/moore-appointed-director-of-the-finance-department/ The McMinnville city government has a new director of the finance department. Samantha Moore was appointed at the meeting of the council of burgomasters and aldermen on Tuesday evening. She has served as acting manager since the resignation of Shirley Durham, who is now only town clerk. “I’m excited to have the opportunity to continue […]]]>

The McMinnville city government has a new director of the finance department.

Samantha Moore was appointed at the meeting of the council of burgomasters and aldermen on Tuesday evening. She has served as acting manager since the resignation of Shirley Durham, who is now only town clerk.

“I’m excited to have the opportunity to continue to improve some processes and look at some new ways to help be more transparent to the city government, its employees and citizens. Helping all departments work better together, I think will be a win for everyone,” Moore said.

Moore was hired by the city in 2017 as an administrative assistant and began to climb the proverbial ranks.

According to Mayor Ryle Chastain, she has proven her abilities and is an asset to the city.

“I find Samantha to be a very effective, extremely organized communicator and I think everyone has seen her budget presentations over the years and we can all agree that they are extremely impressive,” Chastain said. “She has been an asset to us, especially during the budget period. As far as I know, over the past few months she has done a very good job of managing the department. I think it would be a good decision for the city in the future. I think she brings a wealth of knowledge and experience and has worked effectively with Shirley and the other members of the finance department, as well as Mr. Everett Brock and Mr. Nolan Ming. I think this is a good decision for the town of McMinnville.

Moore received a unanimous nod from Chastain, Vice Mayor Everett Brock and aldermen Zach Sutton, Rachel Kirby, Steve Harvey and Sally Brock. Alderman Stacey Harvey was absent.

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Q&A: After 31 years with Yakima County Finance, Forrest Smith calls it a career | Local https://openmrtd.org/qa-after-31-years-with-yakima-county-finance-forrest-smith-calls-it-a-career-local/ Tue, 26 Apr 2022 11:00:00 +0000 https://openmrtd.org/qa-after-31-years-with-yakima-county-finance-forrest-smith-calls-it-a-career-local/ Forrest Smith has always been a behind-the-scenes guy who played an important role in the Yakima County Finance Department, where he spent nearly 32 years before recently retiring. He has seen many changes, helping to navigate the county through the ensuing financial downturns during the Great Recession and again during the COVID-19 pandemic. Although he […]]]>

Forrest Smith has always been a behind-the-scenes guy who played an important role in the Yakima County Finance Department, where he spent nearly 32 years before recently retiring.

He has seen many changes, helping to navigate the county through the ensuing financial downturns during the Great Recession and again during the COVID-19 pandemic.

Although he is retired, his ties to the county are not completely severed. He continues to show up to his weekly cribbage matches over lunch with county chief financial officer and longtime friend Craig Warner.

In a Q&A with the Yakima Herald-Republic, Smith shed some light on his time with County and some of his challenges ahead.

What brought you to work for the county?

My ex-wife and I grew up in Yakima and came back for a weekend (we were living in Everett at the time with our twin daughters). I happened to be looking at job postings in the Yakima Herald-Republic that Sunday and saw an advertisement for a vacancy in the Yakima County Treasurer’s Office for a Data Control Specialist . I applied, interviewed, and began work on April 23, 1990 for then-Treasurer Dale Gray.

Where did you start?

Over the next eight years, I rose to three different positions within the Treasurer’s Office. In May 1998, I accepted a job as an accountant in the county auditor’s office and it was there that I began working with mentor and friend Craig Warner. In May 2001, the county budget function was transferred from the Office of the Auditor to a new department under the Board of County Commissioners, Department of Financial Services.

What were your duties?

My official title when I retired was Senior Executive. One of my main responsibilities was the financial operations of the Department of Corrections. I supervised the four DOC finance staff as well as two to four financial services staff. I provided financial reports to the management of various departments as well as to DOC. We were also responsible for the annual budget. Financial services also prepared documents for the annual state audit and worked with state auditors. For the past two or three years, I have worked on and with the implementation team for the new County Workday Financial System, which replaced the Cayenta Financial System, of which I was also part of the implementation team. implemented.

How have departmental finances evolved?

When I started in the Treasurer’s Office, the tax receipt system was old and outdated. In the early 1990’s we implemented a new tax receipt system (Ascend) which was written for Yakima County Assessor and Treasurer operations. Additionally, in 1993 the county implemented the new Cayenta Financial System, which at the time was a major upgrade.

What challenges does the county face?

One of the major challenges ahead, and which has been the bulk of my time in Yakima County, is revenue growth keeping pace with expense growth. It was countywide, but I saw it in my work with the Department of Corrections. This has led to DOC’s bed rental business, which current Commissioners would like to move away from. Also, the challenge of keeping the facilities up to date and operational, especially in the prison.

What is promising for the department?

One of the most promising things for Yakima County is its people. Although there will be a wave of retirements over the next four plus years, there is an excellent base of young people to carry on.

What kept you in the county all these years?

I stayed in Yakima County primarily because I loved the work, the people, and living in Yakima and raising my two daughters.

Will you miss the county?

Yes, I will miss working in Yakima County, but mostly because of the people and friends I have made over the years there.

What’s next for you?

My retirement plan includes volunteer work at my church, travel, sailors, all sports and cycling. I am an avid cyclist and am currently training for several bike rides this summer including but not limited to Seattle to Portland, Ride Around Washington, Ride from Redmond to Bellingham and Back, but my list of things to do this summer is RAMROD (ride around Mount Rainier in one day). The hard part of the RAMROD isn’t the 154 miles in one day, but the 10,000+ foot climb over three passes in one day. Other bike rides on the bucket list include rides around and across the United States and beyond.

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Rio de Janeiro’s finance department hit by LockBit ransomware https://openmrtd.org/rio-de-janeiros-finance-department-hit-by-lockbit-ransomware/ Fri, 22 Apr 2022 23:19:58 +0000 https://openmrtd.org/rio-de-janeiros-finance-department-hit-by-lockbit-ransomware/ Rio de Janeiro’s Secretary of State for Finance confirmed on Friday that it was facing a ransomware attack on its systems. Ransomware group LockBit claimed to have attacked systems connected to government offices, stealing around 420 GB. The group threatened to release the stolen data on Monday. In a statement to The Record, a spokesperson […]]]>

Rio de Janeiro’s Secretary of State for Finance confirmed on Friday that it was facing a ransomware attack on its systems.

Ransomware group LockBit claimed to have attacked systems connected to government offices, stealing around 420 GB. The group threatened to release the stolen data on Monday.

In a statement to The Record, a spokesperson for Rio de Janeiro’s Secretary of State for Finance said they contacted the law enforcement agency that handles digital crimes in Brazil after being threatened by a cybercriminal who hacked into their systems.

“In the threat, sent this Thursday, the attacker demands payment for withholding allegedly stolen data from Sefaz-RJ’s systems. This data would correspond to only 0.05% of the data stored by the Secretariat,” the spokesperson said.

Rio de Janeiro has the second largest GDP of any city in Brazil after São Paulo and is home to the headquarters of several state-owned companies, including Petrobras, Eletrobras, Caixa Econômica Federal, National Bank for Economic and Social Development, and Vale.

It is one of the financial heartlands of South America, with its economy ranking 30th in GDP among all cities in the world. The city exported $32.5 billion worth of goods in 2021.

The Undersecretariat for Information and Communications Technology (SUBTIC) told The Record it had offered to work with the police on the investigation.

“Since 2020, [SUBTIC] prioritized strengthening information security, which can be proven by the low impact of the attack,” the spokesperson said.

“It is the result of the effectiveness of the actions that have been adopted.”

A ransomware tracker maintained by researchers at Recorded Future, which owns The Record, indicated that LockBit was the second most prolific ransomware gang in 2022 after Conti. They have attacked at least 650 organizations so far this year, according to the data.

The Australian Cyber ​​Security Center (ACSC) issued a security advisory last August warning of a sudden spike in LockBit ransomware attacks.

The group has been operating since September 2019 and was a fringe player before developing a new version of their Ransomware-as-a-Service platform, called LockBit 2.0.

With the demise or retirement of competitors like Darkside, Avaddon, and REvil, LockBit has become one of the most common RaaS platforms.

Jonathan has worked around the world as a journalist since 2014. Before returning to New York, he worked for news outlets in South Africa, Jordan and Cambodia. He previously covered cybersecurity at ZDNet and TechRepublic.

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