Treasurer

Treasurer (Open Position)

Overview:

        The Treasurer is the officer assigned the primary responsibility of overseeing the management and reporting of Fermenta’s finances. The Treasurer works with all Executive Board members on a regular basis. The average amount of time per month is 10-20 hours, depending on the time of year.  There is frequent communications during each month to discuss events, meetings, and ongoing issues with other Executive Board members. The Treasurer has sole responsibility for preparing all financial documents on a timely basis, distributing these documents to the Executive Board members, and maintaining adequate copies and backups of all financial data. Therefore, the Treasurer should be financially literate, pay close attention to detail, be timely in completing tasks, keep neat and accurate records, and show a willingness to ask questions.

Duties:

  • Perform Monthly Financial tasks:
  • Bank account maintenance
  • Track receipts for expenditures
  • Determine monthly scholarship amount
  • Oversee that donations are accounted for and tracked correctly
  • Track/calculate monthly fees
  • Prepare, store, and distribute the monthly financial statement using QuickBooks
  • Submit the 990-N on an annual basis to the Internal Revenue Service
  • Submit the Michigan Non Profit filing on an annual basis to the State of Michigan
  • Create yearly financial statement using QuickBooks
  • Maintain a cash box for events
  • Assist where and when needed with events
  • Attend monthly board meetings
  • Attend a majority of Fermenta sponsored events

Time:  10-20 hours/month