A Treasurer is typically the officer assigned the primary responsibility of overseeing the management and reporting of an organization’s finances. The Treasurer may have many important duties specific to its role, including:

  • Bank account maintenance – Selecting a bank, signing checks, and investing excess funds wisely
  • Financial transaction oversight – Being knowledgeable about who has access to the organization’s funds, and any outstanding bills or debts owed, as well as developing systems for keeping cash flow manageable
  • Budgets – Developing the annual budget as well as comparing the actual revenues and expenses incurred against the budget
  • Financial Policies – Overseeing the development and observation of the organization's financial policies
  • Reports – Keeping the board regularly informed of key financial events, trends, concerns, and assessment of fiscal health in addition to completing required financial reporting forms in a timely fashion and making these forms available to the board
  • Finance Committee (if applicable) – Serving as Chair of the Finance Committee