Main Purpose of the job:

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.

Main Duties and Responsibilities:

In summary, the Treasurer is responsible for:

• General financial oversight.
• Funding, fundraising and sales.
• Financial planning and budgeting.
• Financial reporting.
• Banking, book keeping and record keeping.
• Control of fixed assets and stock.
• 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
• Plan and ensure adherence to the pre-determined financial budget for the year
• Ensure the protection of funds from any potential misuse by any other members of the committee

To successfully manage this crucial role, an exceptional candidate should have strong analytical skill sets and basic accounting knowledge. Common qualifications to look out for in a candidate include:

• 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
• Solid understanding of budget planning and finance
• Substantial value for ethics and trustworthy operations
• Experience using different methodical approaches for managing finances