Preview Charity Treasurer Job Description

Treasurer’sChest:RoleDescription

foraCharity’sTreasurer

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SomeDirectorsofacharityareknownas‘Officers’andhavespecialresponsibilities.Theseusually

includethechair,treasurer,secretaryandinsomecasesotherdesignatedofficers.

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Inadditiontofulfillingtheresponsibilitiesofadirector,eachOfficerhasotherresponsibilitiesthatare

usuallydefinedingovernancedocumentsorbylaws.

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GeneralresponsibilitiesoftheTreasurer

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Thetreasurerwilloverseethefinancialmatters ofthecharityinlinewithgoodpracticeandin

accordancewiththegoverningdocumentandlegalrequirementsandreporttotheboardofdirectorsat

regularintervalsaboutthefinancialhealthoftheorganization.

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Thetreasurerwillensurethateffectivefinancialmeasures,controlsandproceduresareputinplace,and

areappropriateforthecharity.

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Despitetheadditionalresponsibilitythetreasurerhasinoverseeingthefinancialmattersofthecharity,

alldirectorscontinuetobejointlyandseverallyresponsible,andthereforeliable, fortheadministration

ofthecharity

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Tothisend,theTreasurershouldreport onthecurrentfinancialpositionofthecharityateachBoard

meetingandthisshouldberecordedintheminutes.Thereportshouldincludeanupdateonfunds

receivedandspentsincethelastreport.IftheTreasurerisunabletoattendacommitteemeeting,a

writtenreportshouldbesenttotheChairatleastoneortwodaysbeforethemeeting.Allfinancial

decisionstakenshould berecordedintheminutesofthemeeting.

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Liaisonwithstaffresponsibleforthefinancialmanagementofthecharity

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AnimportantfirststepforaTreasureristoliaisewithstaffresponsibleforthefinancialmanagementof

thecharity.Mostsmallandruralchari tieshavealimitedstaffcomplimentwhichoftendoesnotinclude

aFinanceDirector.

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TheTreasureranddesignatedstaffneedtodiscussproceduresfortheday‐to‐dayaccountingand

financialpracticestoensureclarityabouttheirroles,responsibilitiesandcommunicationpractices.As

anOfficeroftheboard,theTreasurerhasadesignatedroleinoverseeingthefinancialmattersofthe

boardandensuringotherdirectorsareadequatelyinformedoffinancialrelatedissuestoensuregood

decision‐making.

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TheTreasurermustfindwaystobalancetheirneedtohaveadequateinformationandinvolvementto

fulfillthisresponsibility,knowingthatthattheywillnotbedirectlyinvolvedintheday‐to‐dayoperations

andrecordkeeping.

TheCharitiesFile:OnBoard Source:HRCouncilfortheNonProfitandVoluntarySectorPage1

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