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FINANCE AND LEGAL 2014
Karan KhajuriaVICE PRESIDENT
FINANCE and Legal
MISSION
Financially Stable AIESEC INDORE
GOALS
Closing account balance: Rs 2,00,000
Fixed Deposit: Rs 1,50,000
Financial Transparency
All the legal documents and contracts to be in place
OS
VICE PRESIDENT
MEMBER(FINANCE AND
RECORDS)
MEMBER(CONTRACTS AND LEGAL)
ROLES & RESPONSIBILITIES
To track and measure financial flows and provide information to the LC.
Financial management and legalization.
Adherence to the proposed budget and Financial policies.
Transparent accounting and auditing.
To be accountable two way – to the MC and LC.
Ensure that financial resources locally (especially funds) are being used in the most effective way to allow the organization to grow its results
Providing financial perspective to planning process and planning.
PROMISES
Effective utilization of financial resources.
Increase the LC’s long term financial sustainability
Ensure that all the legal obligations of the LC are met.
DUTIES
Accounting
Auditing
Bank management
Reports and surveys
Coordination with the MC regarding reconciliation , legalization and audits.
Budgeting
Operations
Coordination with other departments regarding finances and legal issues.
Coordination with FTF and implementation of strategies designed.
INNOVATIONS
Daily trackers for Exchange departments
Introduction of a Legal Manager
Pre planned Repayment Model for Recon
THIS IS THE MOST IMPORTANT SUPPORT
SYSTEM OF THE LOCAL COMMITTEE
THANK YOU