JOB DESCRIPTION ( Including do’s and don’ts)

BOARD MEMBERS-ROLES & RESPONSIBILITIES

A Board works on the principle of collective wisdom. The underlying principle for setting up of a board is that the collective decision making process minimizes risks and maximizes effectiveness.  In that context, the individual members play a very important part in enhancing the overall effectiveness of the board. Therefore, the board must be a fine blend of individuals drawn from different walks of life & diverse sections of community.

Board members set the strategic direction of the organization. Along with providing oversight and supervision to ensure that management and operations are legally compliant, effective and appropriate, the Board is supposed to make effective decisions.

To know about the reasons and responsibilities, read the complete article on “Board Members-Roles and Responsibilities”Click here.

In view of the above, the question that arises is “Why anyone should become a Board member of a NPO?”, “What are the roles and responsibilities ?”

JOB DESCRIPTION ( Including do’s and don’ts)

TREASURER-ROLES & RESPONSIBILITIES

Accountable and transparent financial management practices play a major role in enhancing the effectiveness of an organization. If the stakeholders lose faith in an organization’s ability to control and account for finances, the entire organization is seen in bad light. The Treasurer is the person who has to ensure that bank accounts are managed well, cash and cheque are deposited, bills are paid, records are kept, budgets are prepared and adhered to and incoming as well as outgoings are backed properly.

In large organizations, the Treasurer is usually supported by a Finance Committee and provides a link between the management and the Board on financial matters. The Treasurer maintains an overview on monthly finances to ensure that appropriate procedures are in place so that programs can be implemented without any delay or disruption.

To know more about the Treasurer and his/her roles & responsibilities, read the complete article on "Treasurer- Roles & Responsibilities" Click here.
"Is it advisable for the Treasurer of an non-profit organization (NPO) to perform both oversight as well as managerial functions?". Kindly share your views on this.