Treasurer

The role of the Treasurer is to act as key contact for the co-ops financial matters and to carry out the financial processes. The Treasurer co-ordinates with the Chair on certain tasks.

Our current Treasurer is Edel Cronin.

Responsibilities List

• Pay rent and all invoices

• Coordinate with the Chair to pay £40 to ICO (in July)

• Update and display latest balance sheet in the studio and on website

• Check access permissions to bank account

• Manage Xero maintenance (linking money in/out to Xero categories)

• Coordinate with External Finance Director (Ceri) and Accountant (Ryan) for yearly accounts and tax 

• Prepare financial report for General Meeting

• Respond to queries about whether we can afford to buy something

Time Management Notes:

These can be grouped up as a monthly set of tasks.

Induction requirements

• Induction to Xero

• Induction to paying invoices

• Bank account access*

• Be given a template for the GM financial report

Note: *does the co-op want to put additional pre-requisites in place before a person can take on this responsibility e.g. time served on co-op? Co-signatures with another Director for amounts over a certain amount?