Board Role: Treasurer
Oversee all the financial activities of the corporation and, as an independent board member, act as the chair person of the Finance Committee that reviews all financial matters
Assure that all financial matters are managed in an appropriate manner
Oversee management custody of all funds and securities of the corporation
Perform or delegate to staff the preparation of the following:
Maintaining full and accurate accounts of receipts and disbursements in the corporate books (Records of financial transactions shall be retained for eight years from the date of transaction)
Depositing all money and other valuables in the name and to the credit of the corporation in such depositories as may be designated by the board.
Disbursing the funds of the Corporation as may be ordered or authorized by board and preserve proper vouchers for such disbursements.
Rendering to the chairperson and the board at the regular meetings of the board, or whenever they require it, an account of his/her transactions as treasurer and of the financial condition of the corporation.
Rendering a full financial report at the annual meeting of the board.
Being furnished by all corporate offices and agents at his/her request with such reports and statements as s/he may require regarding the financial transactions of the corporation.
Acting with the Finance Committee, see that at rue and accurate accounting of the financial transactions of the corporation is made, that reports of such transactions are presented to the board, and that all expenditures are made to the best possible advantage.
Performing other duties as are given to him/her by these bylaws or as from time to time are assigned to him/her by the board or chairperson.
Serves on the Executive Committee and all other finance – related committees as determined appropriate
Desirable Qualifications
Accounting and financial management knowledge
Skills in assessing financial position
Ability to separate the overall financial picture from detail oriented day to day operational issues and to focus on the overall financial picture