NMQA Treasurer – Job Description
July 2016
- Manages the day-to-day finances of NMQA
- Is bonded through NMQA insurance policy
- Manages transfers between checking and savings as required
- Maintain on-line access to all accounts and maintain a minimum $3,500 balance in NMQA NM Bank and Trust checking account.
- Balances accounts monthly & prints reconciliation reports and balance statements for the monthly file
- Provides Treasurer Report and Profit & Loss Statement for bimonthly Board Meeting and morning membership meetings
- Provides Treasurer Report for inclusion in the Quill
- Makes timely deposits of income and makes payments and reimbursements in a timely manner
- Works with independent CPA for annual taxes and bi-annual review
- Leads budget and audit committees
- Trains the treasurer-elect
- Communicates as requested by committee chairs & officers as to their budget status
- Meets with bank officials concerning signatories, CDs and other NMQA finances as required
- Makes quarterly gross receipts payments due the 26th of April, July, November of current year and January of new year
- Insure there are alternate signatories for the bank accounts knowing that all checks require two signatures
- Be prepared to provide a check(s) to the program committee for payment to the speaker at the meeting.
- Collect all deposit and reimbursement request forms at all NMQA meetings and reimburse members within 30 days
- Posts all deposits and expenses to QuickBooks in a timely manner
- Print reports from Quick Books and email to officers and committee chairs as requested.
- Year-end closing,meetings with the CPA and tax documents are key responsibilities in December.
- Respond to officer and committee chairs financial inquiries throughout the year.
- Paperwork and payment for a PRC license and our annual Bernalillo County business license will occur in January/February.
- Payment to UNM for meeting room lease is due in January of each year. No bill is sent prior to payment date.
Participates in:
1.All Board meetings
2.Membership meetings
3.Budget planning meetings
4.Activities assigned by president / Board: January, March, May, July, September, November, December
Budget: November/December