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Chapter Financial Management: The Treasurer’s Leadership Role
Stephanie Helgerman, CSPVP-Finance, ASSEBruce SufranskiASSE Director of Finance/Controller
October 9-11, 2014Lombard, Illinois
This workshop will explore the leadership role that Treasurers play in looking for solutions to challenges faced by chapters.
More plainly how can the treasurer be a more effective part of the leadership team.
Chapter Financial Leadership
Financial Management: Responsibilities “Counting the Beans” Safeguard chapter assets Financial Control: annual chapter budget Financial Reporting: monthly/ quarterly/ annually Financial Compliance: IRS tax filings / other
requirements
Treasurer’s Roles: Financial Manager
Executive Committee Leadership Role: “Beyond Bean Counting”
Participate in all chapter business decisions Focus on Membership Value / Experience
To maintain chapter’s financial well being, must be an active participant on Executive Committee
Treasurer’s Roles: Chapter Leadership
Strategic Planning – long term view Set Chapter Direction and Priorities Assess Financial Impact of Business Decisions
Are we providing best value for our Members Do revenues exceed expenses Special project initiatives
How to pay for it Plan for the Long-Term
Develop healthy and sustainable Chapter Financial health is key component
Treasurer’s Roles: Chapter Leadership
Small chapters vs big chapters (in dollar terms)
How do small chapters obtain the money & resources they need?
How do large chapters use their resources to maximize the value of membership?
What’s the treasurer’s role in the discussion?
What’s your experience?
Chapter Challenges
Chapter Management
How do we provide good member value today?
How do we ensure the chapter’s success tomorrow?
What’s the treasurer’s role in the discussion?
What’s your experience?
Chapter Challenges
Chapter Management: Learning from Others
How do chapters learn from the experiences of others?
How do chapters foster communication with their counterparts?
What’s the treasurer’s role in the discussion?
What’s your experience?
Chapter Challenges
Chapter Management: Financial Risk Management
How do chapters prevent fraud or other financial wrongdoing?
What’s the treasurer’s role in the discussion?
What’s your experience?
Chapter Challenges
Chapter Management: Insurance
Is the chapter “covered” by insurance?
What’s the treasurer’s role in the discussion?
What’s your experience?
Chapter Challenges
Questions?
