Treasurer

Remote

💰 Finance

A Treasurer oversees the general financial management of an organizing committee. They plan and keep track of budgets within the organization, collect, deposit, and keep track of funds, write cheques, and provide financial reports regularly to fellow committee members. The Treasurer is a financial watchdog, ensuring the protection of the committee’s funds. The Treasurer is also responsible for reconciling bank statements, managing cash flow, and investing funds in accordance with the law. They may also help with fund-raising efforts to better the committee’s financial state.

What does a Treasurer do?

A Treasurer, or Financial Controller, oversees all financial transactions and fundraising efforts going in or out of an organizing committee. Their primary duties include budget planning, financial reporting, record-keeping, and managing incoming and outgoing funds.

Responsibilities

A Treasurer should be able to fulfill various duties and responsibilities. The following are some duties and responsibilities a Treasurer should be able to execute:

Manage incoming payments
Deposit received funds
Write outgoing cheques
Document all business financial transactions
Manage formal reports and company bank statements
Oversee and approve all financial plans or revisions to plans

Required Skills

A competitive Treasurer will have certain skills and qualifications, including:

Excellent organizational skills regarding documentation and file or record-keeping
Strong verbal and visual financial reporting skills
Exceptional ability to communicate complex financial information
Valuable time management and prioritization skills
In-depth knowledge of software tools used by the committee
Experience using different methodical approaches for managing finances

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