The Accounting Department performs all financial record keeping and reporting functions for the City of Southfield, which supports complex daily operations. The primary responsibility of this department is to maintain the City’s financial records in accordance with the City Charter, State law and generally accepted accounting principles.

Specific activities performed include, bi-weekly payroll for 800 to 1,100, accounts payable / budget monitoring, annual audit, financial management reports, and assistance to the Downtown Development Authority, Economic Development Corporation, Local Development Finance Authorities and the Tax Increment Finance Authority.

The department is responsible for maintaining control over and continuously updating the fixed asset inventory.