The role of the Society Treasurer is to assist the Chairman and the Committee on all financial matters and to safeguard its financial assets.
What does the Treasurer do?
- Keep accurate and timely accounting records
- Arrange payment Society costs,
- Collect and pay in any income received
- Prepare the annual audited accounts of the Society
What does this involve?
- Advising the Chairman and Committee on the Society’s financial affairs
- Preparing an annual budget
- Ensuring subscriptions are received from all Members and that other income from visitors and other sources is complete
- Approving and paying Society costs, including volunteers expenses, lecturers fees, venue costs, insurance premiums the Kent area and the NADFAS affiliation fees.
- Liaising with the Society’s bank and reconciling the bank statements
- Preparing the annual accounts of the Society for Committee approval,
- Liaising with the auditor to ensure the annual accounts are audited in time for circulation with the AGM papers in April.
- Administering the procedures relating to Gift Aid where appropriate
- Attending committee meeting usually every 2 months for about 2 hours