Naea Board of Directors

XXXXX TREASURER DESCRIPTION

OVERVIEW

The Treasurer is the Chief Financial Officer of the XXXXX state association. The Treasurer is elected by the membership and serves a XX-year term. (Check bylaws) The Treasurer is responsible for the sound fiscal management of XXXXX and keeps the Board of Directors informed about XXXXX’s ongoing financial condition. The Treasurer must know and understand XXXXX’s core values, strategic plans, bylaws, and policies and procedures.

RESPONSIBILITIES:  The Treasurer is a voting member of the Executive Committee. (check bylaws)  The Treasurer ensures that XXXXX’s incorporation and nonprofit status is maintained through the annual filing of required reports.  The Treasurer, informs members of the Board of Directors of XXXXX’s financial condition by overseeing and distributing periodic financial statements.  The Treasurer reports XXXXX’s financial condition at each Board meeting.  The Treasurer, working with XXX (staff) or volunteers, assists in developing the annual budget for review and approval by the Board of Directors.  The Treasurer is a non-voting ex-officio member of the Audit Committee.  The Treasurer reviews and authorizes expense reimbursement to the EVP.  The Treasurer may be a signer on all XXXXX bank accounts and may be asked to countersign checks written in excess of $XX,XXX.  In the unavailability of the President, the Treasurer can approve emergency expenditures.  As appropriate by the state, each year the Treasurer evaluates XXXXX’s financial condition and at the XXXXX meeting recommends whether dues should be increased or remain at the previous year’s level.