Treasurer
Job Description
Because the Treasurer is important to the proper financial management of the RPLC, he/she greatly affects the public's perception, trust, and assurance in the organization. It is highly recommended that the Treasurer have qualifications such as financial literacy, attention to detail, timeliness in completing tasks, neat and accurate record keeping.
There must be an open and constant line of communication between the Treasurer, Officers, Executive committee, and Central committee of the RPLC about sound financial policies, procedures, and budget oversight.
The RPLC Treasurer is the officer assigned the primary responsibility of overseeing the management and reporting of the RPLC's finances.
The Treasurer has many important duties including:
• Bank account maintenance
o signing checks, depositing funds, and-or investing excess funds wisely.
• Financial transaction oversight
o Knowing who has access to any of the organization's funds, and any outstanding bills or debts owed, as well as cash flow management.
• Chair of committees
o Serving as a member of the Finance committee and the Budget committee.
• Budgets
o Comparing the actual line item revenues and line item expenses incurred against the approved budget.
• Reports
o Completing required financial reporting forms in a timely fashion and making these forms available to all financial committees.
• Keep the EC and the CC regularly informed
o It is imperative that the Treasurer keep both committees informed of key financial events and assessment of the RPLC fiscal health.
• Help manage cash flow
o Work with the county Executive committee to achieve cash flow goals.
• Provide compliance material
o Help Local campaigns obtain any New Mexico campaign finance materials and information concerning filing of these laws... if they exist.
Ultimately, while financial management is the primary focus of the Treasurer, the Executive committee and the Central committee share accountability.