Renee Krause, Treasurer

TREASURER

 

A Treasurer is charged with overseeing the management and reporting of an organization’s finances. The PHSC Treasurer will also serve as the Financial Committee Chairperson. Since PHSC’s financial management is directly tied to the Treasurer’s responsibilities, the Treasurer’s execution of his/her responsibilities will have a strong impact on the public’s perception, trust, and assurance in the nonprofit as a whole. Ultimately, while financial management is the primary focus of the Treasurer, the entire board shares the responsibility of financial oversight and accountability.
 
The primary duties for this position shall be:

  • Have charge of all funds pertaining to the Council.

  • Receive all monies and expend such monies on request of the President or vote of the Executive Board.

  • Keep accurate records of all receipts and expenditures.

  • Present a report of finances at each General Membership and Executive Board meeting.

  • Serve as Treasurer of the Dinner and Conference Committees and keep separate records.

  • Close the books of the General Account and the Dinner and Conference Account on June 30th. These accounts shall be audited as provided in the Bylaws.

 

Financial management and/or oversight. 

  • A Treasurer may manage or oversee the management of the financial affairs of the organization, often including such basic tasks as selecting a bank, reconciling bank statements, and managing cash flow. 

  • The Treasurer may also be responsible for 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 shall create and maintain systems for ensuring the organization’s ongoing solvency and oversee the development of the organization’s financial policies. 

  • The Treasurer responsibilities include check signing authority, expense reimbursement, credit card usage, and petty cash policies

 

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