(a) Appointment.--Council shall appoint a chief fiscal officer. In filling the position of chief fiscal officer, council may appoint the director of the department of accounts and finance or the city administrator if one is appointed under Chapter 111 (relating to the executive department) or 112A (relating to city administrator).
(b) Bond.--The chief fiscal officer shall furnish a bond in accordance with section 10907 (relating to surety bonds, insurance and premiums).
(c) Powers.--
(1) The chief fiscal officer may administer oaths and affirmations pertaining to the authentication of an account with the city or a claim by or demand against the city.
(2) The chief fiscal officer may not receive any additional compensation for the administration or oath and affirmations under paragraph (1).