Role of the Treasurer

Recording income and expenditure in the bookkeeping system of the group/organisation is very important. It should be done regularly and given sufficient time. The rest of the trustees will need to be confident that proper records are being kept, so that any mistrust or misunderstanding is avoided.

The actual day to day work may be delegated to a bookkeeper, especially in larger organisations. However, the treasurer will still have overall responsibility for supervising this work and ensuring that financial procedures are being followed, as well as presenting financial reports to the trustees.

The treasurer will have a number of responsibilities and will need to receive support from the other committee members, so that they don't feel isolated in their work. Other committee members may need to receive training on financial matters and the systems that are used. This will not only help them in providing support to the treasurer, but will also provide some security in case the treasurer becomes ill or leaves suddenly. Larger groups/organisations will often have a finance sub-committee to share the responsibilities of the treasurer.

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