The Watchdog Of All Aspects Of Financial Management - PowerPoint PPT Presentation

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The Watchdog Of All Aspects Of Financial Management

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The Watchdog Of All Aspects Of Financial Management – PowerPoint PPT presentation

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Title: The Watchdog Of All Aspects Of Financial Management


1
Treasurer-
The Watchdog Of All Aspects Of Financial
Management
2
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.
3
Responsibilities
4
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

5
Funding, Fundraising Sales
  • Advising on the companys fundraising strategy
  • Making sure the use of funds conforms to the set
    conditions
  • Ensuring that fundraising and sales follow
    relevant legal guidelines

6
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.

7
Duties Involve
  • Financial planning, budgeting and reporting
  • Controlling companys assets and stocks
  • Banking
  • Book-keeping and record-keeping

8
The safe-keeping of a companys 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.
9
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