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The Church Treasurer's Role in Stewardship. Seminar provided by the Louisiana Baptist Convention through the Cooperative Program Contact: Michael.Stewart@LBC.org 800.622.6549 318.448.3402. QUALIFICATIONS OF A TREASURER. Page 6. QUALIFICATIONS OF A TREASURER.
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The Church Treasurer's Role in Stewardship Seminar provided by the Louisiana Baptist Convention through the Cooperative Program Contact: Michael.Stewart@LBC.org 800.622.6549 318.448.3402
QUALIFICATIONS OF A TREASURER • Exhibit a willingness to work cordially with people and the ability to be fair minded. Page 6
QUALIFICATIONS OF A TREASURER • Exhibit a willingness to work cordially with people and the ability to be fair minded. • Have knowledge of the working organization of the church. Page 6
QUALIFICATIONS OF A TREASURER • Exhibit a willingness to work cordially with people and the ability to be fair minded. • Have knowledge of the working organization of the church. • Reflect the highest Christian ideals. Page 6
QUALIFICATIONS OF A TREASURER • Exhibit a willingness to work cordially with people and the ability to be fair minded. • Have knowledge of the working organization of the church. • Reflect the highest Christian ideals. • Have knowledge of accounting procedures or the willingness to learn accounting procedures. Page 6
QUALIFICATIONS OF A TREASURER • Exhibit a willingness to work cordially with people and the ability to be fair minded. • Have knowledge of the working organization of the church. • Reflect the highest Christian ideals. • Have knowledge of accounting procedures or the willingness to learn accounting procedures. • Be a tither. Page 6
CHURCH STRUCTURE AND THE TREASURER The treasurer’s relationship to church members depends on the church’s organizational and committee structure. Page 6
Principle Function Page 7
Principle Function The church treasurer is responsible for the properreceipt, accounting, and disbursement of church funds within policies established by the church for adequate financial control. Page 7
Responsibilities ofTreasurers • Keep accurate records Page 7
Responsibilities ofTreasurers • Keep accurate records • Reconcile monthly bank statements Page 7
Responsibilities ofTreasurers • Keep accurate records • Reconcile monthly bank statements • Sign checks Page 7
Responsibilities ofTreasurers • Keep accurate records • Reconcile monthly bank statements • Sign checks • Make monthly and annual reports Page 7
Responsibilities ofTreasurers • Keep accurate records • Reconcile monthly bank statements • Sign checks • Make monthly and annual reports • Prepare and maintain individual contribution records Page 7
Responsibilities ofTreasurers • Suggest possible investment opportunities Page 7
Responsibilities ofTreasurers • Suggest possible investment opportunities • Keep church staff informed Page 7
Responsibilities ofTreasurers • Suggest possible investment opportunities • Keep church staff informed • Instill and preserve a high financial confidence Page 7
Responsibilities ofTreasurers • Suggest possible investment opportunities • Keep church staff informed • Instill and preserve a high financial confidence • Submit accurate financial records for annual audit according to church policy. Page 7
Responsibilities ofTreasurers • Train an associate treasurer selected by the church. Page 7
Responsibilities ofTreasurers • Train an associate treasurer selected by the church. • Be a resource person for the Finance Committee. Page 7
Working Relationships Page 7
Working Relationships • Ex-officio member of finance committees Page 7
Working Relationships • Ex-officio member of finance committees • Receive Deposit slips Page 7
Working Relationships • Ex-officio member of finance committees • Receive Deposit slips • Oversee work of financial secretary Page 7
Working Relationships • Ex-officio member of finance committees • Receive Deposit slips • Oversee work of financial secretary • Communicate with church staff Page 7
Working Relationships • Ex-officio member of finance committees • Receive Deposit slips • Oversee work of financial secretary • Communicate with church staff • Assist to develop financial details for church projects Page 7
Working Relationships • Ex-officio member of finance committees • Receive Deposit slips • Oversee work of financial secretary • Communicate with church staff • Assist to develop financial details for church projects • Assist individuals Page 7
LENGTH OF SERVICE Page 8
LENGTH OF SERVICE • Church should decide • Long tenure of service provides stability Page 8
CONCEPT OF MONEY Page 10
CONCEPT OF MONEY • All money is God’s money. Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: • Individuals Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: • Individuals • Groups Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: • Individuals • Groups • Churches Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: • Individuals • Groups • Churches • Businesses Page 10
CONCEPT OF MONEY • All money is God’s money. • Record who gives it: • Individuals • Groups • Churches • Businesses • Other Page 10
HOW DID WE GET IT Page 11
HOW DID WE GET IT • Identify the source of the contribution and any use for which it is designated. Page 11
HOW DID WE GET IT Identify the source of the contribution and any use for which it is designated. • Accuracy is important. Page 11
HOW DID WE GET IT Identify the source of the contribution and any use for which it is designated. • Accuracy is important. • Keep record of the amount of money entering the financial system from the various avenues. Page 11
HOW DID WE GET IT Identify the source of the contribution and any use for which it is designated. • Accuracy is important. • Keep record of the amount of money entering the financial system from the various avenues. • The church may receive monies through: Sunday School: Worship services: Groups: In The Mail: Special Gifts: Purchase Income: Page 11
Record Keeping Page 13
Record Keeping • Keep a complete set of financial books Page 13
Record Keeping • Keep a complete set of financial books • Oversee the work of a financial secretary Page 13
Record Keeping • Keep a complete set of financial books • Oversee the work of a financial secretary • Record contributions Page 13