The Watchdog Of All Aspects Of Financial Management

Treasurer-

A treasurer is the information and reference point for the management committee members.

Dedication, sincerity and financial expertise are the keys to succeed in this elevated position.

Skills, qualifications and the current dynamics of an organisation determine the job activities of a treasurer.

Responsibilities

Financial Oversight

Overseeing and presenting accounts, financial statements and budgets to the committee

Liaising with designated team for financial matters

Ensuring adherence to appropriate legislation

Funding, Fundraising & Sales

Advising on the company’s fundraising strategy Making sure the use of funds conforms to the set conditions Ensuring that fundraising and sales follow relevant legal

guidelines

Reporting To The Board

Explaining any major divergence between the budgeted and actual expenditure

Discussing alternative courses of action to balance the discrepancy

This is the most challenging duty of a treasurer. Excellent power of judgment makes the difference.

Duties Involve

Financial planning, budgeting and reporting Controlling company’s assets and stocks Banking Book-keeping and record-keeping

The safe-keeping of a company’s funds is

totally dependent on the treasurer.

You have a big and a very crucial to play when you hold the position of a treasurer.

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