Treasurer Job Description

Treasurer Job Description

This job description is excerpted from The Vestry Resource Guide published by the Episcopal Church Foundation. To order a copy click here.

Time Commitments:

-Weekly oversight of collections and deposits;
-Periodic payment of bills;
-Monthly generation of accounting reports

Responsibilities:

In addition to those reqirements and responsibilities listed for all vestry members, the Treasurer's responsibilities:

-Supervise the collection, counting and deposit of all contributions to the congregation; ensuring that at least two persons are present at all times during collection and counting;
-Supervise the treasurers of all other accounts, ensuring that they follow established accounting procedures and appropriate safeguards;
- Ensure that bills are paid in a timely fashion;
-Work with any designated committee to make certain that adequate insurance is maintained on all real and tangible property;
-Determine that the books and accounts of the congregation are kept in accordance with standard accounting procedures and the requirements of the canons;
-Ensure that the congregation's financial operations are in accordance with the Episcopal Church and diocesan canons, the congregation's by-laws and state and federal laws;
-Ensure that the congregation's deeds and other instruments of ownership are secure, and maintained in the manner prescribed by canon and civil law;
-Ensure that anyone serving as custodian of any congregational or organizational funds over $500 is bonded by a professional bonding insurer;
-Meet regularly with the rector, wardens, and/or staff for planning and evaluation;
Develop and serve on the Finance Committee;
-Assist in the development of budgets;
-Be available to consult with other committees that might need help in planning budgets of other assistance in financial matters;
-Submit a monthly financial report to the vestry and an annual financial report to the congregation;
Make appropriate contributions to the diocesan parochial report 15.

Accountability:

-The treasurer is elected by and accountable to the rector and vestry.  The treasurer may or may not be a member of the vestry.
-A covenant (promise) regarding the role and responsibilities of the treasurer should be developed between the treasurer, the rector, and the vestry.  This covenant should be periodically reviewed.
- The treasurer's ministry should be considered a part of the annual mutual ministry review of the congregation.

The first five people to contact Canon Bobbi Yeo at the Office of the Bishop will receive a free copy of this book.

1 comment (Add your own)

1. Thea Mangels wrote:
Congratulations to Cynthia Brown of Eureka, Deacon Susan Reeve of Rio Vista, Helen WInfrey of Fortuna, Deacon Cindy Long of Sacramento, and Jim Colgan of Sacramento who were our first five people to respond. They will each receive a free copy of "The Vestry Resource Guide."

If you would still like a copy of this invaluable resource, you can order a copy (or copies) for your congregation by visiting the Episcopal Church Foundation website: http://www.episcopalfoundation.org/tools-and-programs/leadership-tools/the-vestry-resource-guide

Mon, June 6, 2011 @ 8:30 AM

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