The Treasurer is responsible for managing the finances of the chapter. This position collects all monies and dues for the chapter and tracks use of such monies for chapter operations. Ongoing responsibilities include:
- Collects all monies or articles of value belonging to the Chapter, and shall keep an accurate account of all treasury receipts, expenditures, and deposits.
- Receives the chapter portion of all membership dues coming from International HQ and deposits it in the chapter checking account.
- Performs monthly bank reconciliation.
- Prepares quarterly, or as needed, report for the Board; which is normally shared at the chapter meetings.
- Works with an auditor to review the books of the chapter to ensure consistency with approved budget as well as the recorded incoming and outgoing money.
- Prepares an annual report to be shared with all the members of the chapter.
- Ensures that only authorized signatory authority for all accounts are the ones approving/signing.
- Participates or take leadership role in other special activities of the chapter, as needed.