PoPArts Board Open Position - Treasurer
The PoPArts Board has an Open Position that needs to be filled. If you are interested in joining our team please email email@example.com.
Treasurer - Duties and Responsibilities
Financial management and oversight. A Treasurer manages or oversees the management of the financial affairs of the organization, often including such basic tasks as selecting a bank, reconciling bank statements, managing deposits and expenditures for cash flow and investing funds consistent with applicable laws. The Treasurer should be knowledgeable about who has access to the organization’s funds and any outstanding bills or debts owed. The treasurer either receives and reconciles bank statements or has check-writing privileges, but not both.The Treasurer should create and maintain systems for ensuring the organization’s ongoing solvency and oversee the development of the organization’s financial policies such as check signing authority, expense reimbursement, credit card usage, and petty cash policies, and any other policies applicable.
Budgets. The Treasurer will be responsible for preparing, or facilitating the preparation of an annual budget, as well as regularly monitoring and comparing the actual revenues and expenses incurred against such budget. The development of a budget that supports the organization’s goals and drives decision-making is an important part of an organization’s success in effectuating its mission. The budget should be reviewed and approved by the board, however, the Treasurer should be prepared to explain and justify the document.
Reports. The Treasurer should have thorough knowledge and understanding of the organization’s financial reports. The Treasurer should keep the board apprised of key financial events, trends, and concerns, and assessments of the organization’s fiscal health. The Treasurer is also generally responsible for completing, or ensuring the completion of, required financial reporting forms (including the IRS Form 990 and 1099, state registration) in a timely manner and making these forms available for the board’s review.
Skills and Qualifications
Willing and able to attend monthly board meeting for the 2-yr term
Knowledgeable and experienced user of online banking, billpay, Quickpay and other electronic transactions
Knowledgeable about the basic financial/accounting rules
Quickbooks user preferred