The Treasurer, subject to the direction of the BOD, has general charge of the financial affairs of the WSA.
Duties and Responsibilities:
Implement and/or maintain the bookkeeping system and accounting processes required to provide a detailed set of records of income and expenditure of the WSA
Be responsible for all day-to-day bookkeeping and handling of accounts payable and account receivable issues
Have custody of all funds, securities, financial records and tax documents of the WSA
Act as chairperson of the Finance Committee
Establish an annual operating budget and submit it for BOD approval prior to the start of the fiscal year
Publish a monthly and year-end financial statement.
Submit an Annual Report of Finances to the Board of Directors for presentation at the Annual General Meeting
File all reports to the appropriate Government Agency in a timely manner, including, but not limited to yearly income tax returns
Ensure that the WSA maintains a 501c3 non-profit tax status
Pay all bills that are within the approved limits of the WSA annual operating budget or have been otherwise approved by the BOD, in a timely manner
Obtain BoD decisions for expenditures not covered in the annual budget
Maintain a Bank Account in the Club's name
Be one of the two persons, together with the President, authorized to sign checks
Special Knowledge and Skills
Knowledge of general accounting practices for non-profit organizations
Skilled in the use of electronic bookkeeping (e.g. Quick books Online)
Proficient with spreadsheet software (e.g. Excel, Google Sheets)
Time Commitment: Average of 10-12 hours per month; 40+ hours in May to develop next fiscal year budget
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