• Ensures that all financial resources of the region are accounted for in an effective and efficient manner
• Coordinates the long-range financial plan in conjunction with other team coordinators
• Prepares and submits the annual budget for the region
• Manages bank accounts and investments and keeps accurate and current records of all financial transactions
• Receives all funds paid to the region and issues all payments
• Negotiates contracts for equipment and services required by the region
• Holds sole authority to sign contracts on behalf of the region
• Coordinates projects to raise non-dues income
• Presents a report on the region’s financial condition at meetings of the RMT
• Prepares an annual financial statement for submission to the Director of Finance and Administration
at International Headquarters
• Submits accounting records for audit at the close of the fiscal year to a qualified person (or persons)
selected by the RMT or for examination or audit at any time as directed by the RMT
• Files Annual 990 tax form (United States regions) with the Internal Revenue Service by September 15
for the preceding year ending April 30
• Provides advice and training to chapter treasurers and serves as a resource to chapters with financial
questions
• Provides financial information necessary to complete application for corporate gifts/grants
Each team member is responsible for:
• Maintaining contact with appropriate staff members at International Headquarters
• Maintaining comprehensive records and forwarding materials to successor
• Training her successor
• APPOINTING STAFF TO ASSIST WITH THE IMPLEMENTATION OF RESPONSIBILITIES AS NEEDED