Finance

Duties

As per mandate:

  1. Meet regularly (if possible monthly), and as often as is required to govern the administration and financial management of church finances

  2. Responsible for the overall administration and management of church finances

  3. Responsible, via the Treasurer, for the upkeep and acquisition of equipment relating to the church office

  4. Ensure that the Treasurer keeps a correct ledger account of all receipts and disbursements, supported by proper vouchers, that the Treasurer closes and balances the books of the church as of December 31st of each year, and that a completed financial statement is prepared at such time

  5. Prepare, not later than December 1st of each year, a budget for the following year, including operational and capital requirements necessary to carry out its responsibility

  6. Provide to Church Council annually, not later than December 1st of each year, a proposed budget for the following year

  7. Set the travel allowances for the various annual conferences for which delegates are sent by church

  8. Set an honorarium policy

  9. Count and deposit the church offerings

  10. Maintain a fireproof safe for the storage of important documents, and maintain a list of its contents

 

Composition

The Finance Committee shall be composed of six (6) members. These shall consist of five (5) selected members and the Church Treasurer, who is also to be elected. Each member of this committee, including the Treasurer, is to be elected for a three (3) year term.

Assistant Treasurer: part of the duties of the Administrative Assistant.

Previous
Previous

Education

Next
Next

Gift Discernment