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Treasurer Role & Responsibilities in Financial Management
1. The Watchdog Of All Aspects
Of Financial Management
Treasurer-
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.
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 company’s 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 company’s assets and stocks
Banking
Book-keeping and record-keeping
8. The safe-keeping of a company’s 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.