Treasurer Position Description
Term: 3 years
Appointment: By Chair-stream
Qualifications: NAFSA member working in Region XI; previous experience in managing sizable budgets; familiarity with Quickbooks (preferred); demonstrated commitment to the field of international educational exchange; working knowledge of NAFSA as an organization, especially in Region XI; support of home institution is required.
Responsibilities:
- Serve as an active voting member of the regional team
- Attend and participate in the following events:
- Washington Leadership Meeting (January, in Washington, D.C.)
- Regional winter team meeting (in February, usually at Whispering Pines Conference Center in Rhode Island)
- Regional spring/summer team meeting (spring/summer at the location of fall regional conference)
- Region XI fall conference (pending home institution funding)
- Maintain financial records of the region
- Manage cash flow (i.e. pay all bills in timely manner, issue reimbursements once approved by Chair-stream, collect funds/make deposits)
- Work closely with Chair-stream to manage the assets of the region, including checking and investment accounts in accordance with regional Operating Procedures and national Standing Rules
- Advise on fiscal issues for conferences, events, and regional business
- Develop and monitor a plan for regional sustainable fiscal health
- Ensure that regional fundraising conforms to the NAFSA Guidelines for Fundraising
- Prepare an annual budget and present it to the regional team for approval at the winter team meeting
- Prepare quarterly and annual financial reports to the Chair-stream and team as specified in the regional Operating Procedures
- Submit annual financial reports, including an annual audit to NAFSA in compliance with national office requirements
- Provide financial updates to regional membership at Annual and Regional Conference updates
- Serve as a mentor to sucessor
- Handle transition of signatory powers at the start of each calendar year