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Position Information
· Financial Management:
- Overseeing the society’s budget and ensuring it aligns with the society’s goals and activities.
- Managing the society’s bank account and monitoring all financial transactions.
- Ensuring that the society has sufficient funds to cover its activities and commitments.
· Budgeting:
- Preparing annual and event-specific budgets in collaboration with other committee members.
- Monitoring expenditure to ensure it stays within the approved budget.
- Advising the executive committee on financial planning and budget allocation.
· Record Keeping:
- Maintaining detailed and accurate records of all financial transactions, including income, expenditure, receipts, and invoices.
- Preparing financial statements and reports for committee meetings and the society’s annual general meeting (AGM).
- Ensuring that all financial records are up-to-date and available for audit purposes.