Treasurer

From PhiSigmaPiWiki

The role of the Phi Sigma Pi Chapter Treasurer is one of great responsibility. It can also be quite rewarding. The following document is a guideline to help you have a successful term as the Chapter Treasurer. According to the Phi Sigma Pi National Constitution, there are eleven aspects of the role of the Chapter Treasurer. It should be noted, however, that this document is not all-inclusive for each chapter. These should be considered the minimum duties and your school/chapter may choose to assign further duties at their discretion.

Role of the Treasurer

According to Article XI, Section 8 of the Phi Sigma Pi National Constitution, The Treasurer shall:

  • Report at the Chapter meetings the financial status of the Chapter accounts, including, but not limited to, delinquent Dues
  • Remit appropriate moneys to the National Office by the specified due date
  • Propose, in conjunction with the Finance Committee (Fund-Raising Committee), the budget for the next fiscal year
  • Receive and record all moneys of the Chapter and provide for the moneys' security
  • Adhere to the budget approved by the Executive Board and the Membership of the Chapter;
  • Pay all debts and expenses
  • Maintain a record of receipts and expenditures, and balance the accounts
  • Serve as an Ex-officio Member of the Finance Committee (Fund-Raising Committee) and all other general Chapter purpose monetary generating committees
  • Provide explanations to questions posed by the Financial Review Board (Group conducting the Chapter's Annual Financial Review) for the completion of the Financial Review Board's report
  • Preside over the meeting of the Chapter in the absence of the President, Vice President, and Secretary
  • Be a voting Member of the Executive Board.

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