We are currently advertising the role of Club Treasurer.
Please email club secretary Natalie Etheridge
email natalie.southshoreyouthfc@gmail.com for an application form.
?Job description is below and is a voluntary role within the club.
Have a read of the below
The Club Treasurer is responsible for managing the flow of money into the club and for allocating and recording how that money is spent to run the club. This is a vital role in a club as the treasurer works to ensure the club is able to meet its day-to-day expenses and prompts the need for increased club fundraising where a shortfall in income exists. The treasurer also works in conjunction with the chairperson in planning the development of the club e.g. creating annual budgets, estimating funds required for a capital project like a new pitch or clubhouse and projecting membership and income for future years to contribute towards prudent planning of the club’s future.
What are the typical traits of a Club Treasurer?
Like any position with a responsibility for handling money, the treasurer is expected to be transparent and honest in their dealings as............... a representative of the club. Good record keeping is essential and while a background in finance or accounting is not imperative for this role.
What are the duties of the Club Treasurer?
The club treasurer typically manages the finances of the club, reports on the clubs financial performance and spearheads the fundraising effort to ensure the club has the necessary funds to be successful.
Ahead of the club AGM, the treasurer will review the previous year’s financial performance (or multiple years) This can be a time consuming task without a consolidated record of club income and expenditure – but more and more club treasurers enter this volunteering role with many years’ experience in financial services and have the tools and processes to conduct this role efficiently.
· Ensuring accurate and up-to-date records of all club income and expenditure from all teams as the manage their own accounts
· Will be a signature on all accounts so we can access accounts when we need to.
Club treasurers are responsible for keeping an accurate historical record of transactions covering income such as membership payments, fundraising income, sponsorship income and payments to bank accounts, NGB accounts and third parties.
· Payments to third parties
· Prepare and issue invoices
· Manages the club’s bank account
The club treasurer is responsible for maintaining the club’s bank records. This involves collecting incoming funds from all club activities including membership payments, sponsorship and fundraising, lodging the funds to the club bank account either by transferring electronically (or in person) and for reconciling bank records against those money-generating activities. Also checking every teams bank statements and income and expenditure sheets.
· Issue payment reminders to coaches
Treasurers have financial oversight at a a club and know when memberships have not been paid. This is usually communicated to the member via the coach and can take several weeks before all members receive the communication in this ad hoc way.
· Seeking approval of the club’s committee for major expenditures
Different clubs will have different policies when it comes to spending money but a club treasurer would typically have to get the signature of either the Chairperson or Secretary or both to authorise payments from the club bank account and significant expenditures may need to be ratified by a board meeting or even a club AGM.
· Preparing financial statements ahead of the Annual General Meeting
· Reporting on the club’s financial performance at the club AGM
Once the preparation is done, the treasurer’s report will feature on the club AGM agenda and budgets and financial records will be reviewed by members and a new budget will be agreed for the year ahead.
Continuity is a challenge for all club volunteering roles but is particularly important in the role of treasurer.