The XYZ Public Library
Board Treasurer Job Description

Title: Treasurer of the Board of Directors

PURPOSE:
The treasurer, jointly with the board chair and finance committee chair, if other than the treasurer, ensures that current records are maintained, reflecting the financial condition of XYZ Public Library. These records will include cash, outstanding advances, investments, accounts receivable and other assets, accounts payable, and fund balances (net assets).

KEY RESPONSIBILITIES

• Control all XYZ Public Library funds.
• Participate in the preparation of the budget.
• Serve as the chair of the finance committee.
• Ensure that accurate books and records on financial condition are maintained.
• Ensure that the assets are protected and invested according to library & city policy.
• Ensure that XYZ Public Library complies with library, city and statutory reporting requirements.
• Ensure that comprehensive financial reports to the board are prepared in a timely and accurate manner.
• Ensure that the complete records of the organization are available to the individual or individuals preparing the annual financial statements.
• Performs all duties incident to the office of the treasurer.

REPORTING: The treasurer reports to the board chair and to the board of directors.

SUPPORT
The treasurer is supported by the vice chair, finance committee, and the chief financial officer (or the equivalent).

TIME COMMITMENT: As required to accomplish major duties.

REQUISITE QUALIFICATIONS
The treasurer must display a commitment to XYZ Public Library and an understanding of the XYZ Public Library its organization, principles, mission, goals, services, and the responsibilities and relationships of governance and management and paid and volunteer staff.

The treasurer must also display the following:

• An understanding of needs for XYZ Public Library services, as well as the financial and human resources.
• An understanding of the record keeping, accounting systems, and financial reports.
• An ability to work with the chief financial officer, controller, accountant or bookkeeper, and auditors as necessary.

LEADERSHIP DEVELOPMENT OPPORTUNITIES

The treasurer should have the opportunity to attend and to participate in training courses, conferences, and seminars as appropriate.