This job description is excerpted from The Vestry Resource Guide published by the Episcopal Church Foundation. To order a copy click here.
-Weekly oversight of collections and deposits;
-Periodic payment of bills;
-Monthly generation of accounting reports
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.
-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.
Posted on Wed, June 1, 2011
by The Episcopal Church Foundation filed under