Purpose of Role

The role of the Society Treasurer is to assist the Society Chairman and the Committee on all financial matters within and on behalf of the Society and to safeguard its financial assets.

Responsibilities

• Reporting to and advising the Chairman and Committee on the Society’s financial affairs
• Preparing an annual budget
• Keeping accurate and timely accounting records
• Ensuring subscriptions are received from all Members and that other income from visitors and other sources is complete
• Approving and paying Society costs, including volunteers expenses, lecturers fees, venue costs, insurance premiums and the Arts Society affiliation fee
• Liaising with the Society’s bank and reconciling bank statements
• Preparing regular accounts of the Society, comparing them with the budget, and reporting the results to the committee
• Preparing the annual accounts of the Society for Committee approval, independent examination and subsequent circulation to the Members, prior to presenting them at the Society Annual General Meeting
• Liaising with the Independent Examiner
• Dealing with HM Revenue & Customs regarding any taxation matters and administering the procedures relating to Gift Aid where appropriate