Treasurers > Role & Key Tasks

The Role of Treasurer

The role of a treasurer is a very important one. Not only will thousands of pounds flow through the CHurch's funds, but the PCC is also an independent charity, and will need to conform to Charity Commission guidance. Appointing a treasurer is a significant step for both the PCC and the individual, and it should be properly thought through.  The treasurer does not need to be an accountant - click here for some thoughts on what characteristics are required. 

Key Tasks for a Treasurer

The size and scope of the Treasurer’s job will depend on the size and complexity of the Parish. 

But key tasks for Treasurers are to:- 

• Carry out the financial decisions made by the PCC. The responsibility for both raising and spending money to meet the PCC's responsibilities lies with the PCC. The Treasurer implements their decisions.
  
• Draft an annual budget to assist the PCC to plan how it will fulfill its objectives for the coming year. 
  
• Record all financial transactions carried out on behalf of the PCC and ensure they are properly authorised. 
  
• Monitor the PCC’s finances throughout the year, and alert the PCC if any difficulties are likely. 
  
• Work with the PCC to meet all its financial obligations, especially Parish Share, clergy expenses and insuring the church buildings against fire, theft and public liability. 
  
• Maintain, and set-up if needed, a book-keeping system. 
  
• Prepare the annual financial statements for approval by the PCC and submission to the Annual Parochial Church Meeting, ensuring that they comply with current Charity Commission requirements. Send a copy to the Diocese, and complete the national financial information return.