Seeking a new treasurer
ICAEW Southern would like to hear from any members who are interested in becoming its treasurer when the role comes up for election at the AGM on 21 May.
Margaret Jones, who has done an excellent job for us as treasurer for the past nine years, has decided to step aside, and we are looking for a successor.
Potential treasurers should be prepared to give 70 hours a year to the role, which equates to around an hour and 20 minutes a week, so it does not demand that much out of anyone’s busy schedule. The time will be taken up with attending three quarterly committee meetings and the AGM, dealing with payments, a certain amount of accounts work, and all the necessary emails, phone calls and admin associated with these tasks.
Preparation for meetings is a matter of checking the latest management accounts and preparing a financial report. Dealing with payments involves signing and sending cheques or handling BACS payments, checking bank statements, and liaising with the bank, ICAEW and others. Events budgets have to be checked; while the general accounts work involves checking through drafts from ICAEW, noting any doubtful figures and sorting out matters in discussion with staff. Draft accounts will need to be checked and likewise the file for audit, and auditors’ queries dealt with.
Having worked with Margaret on the ICAEW Southern (and formerly SOSCA) committee for a good few years, Richard Cartwright said: “Margaret has been an excellent treasurer, helping to streamline the society’s processes, move its accounts online and build an effective relationship with the ICAEW accounts staff. The society is in good financial health and we are now looking for a new treasurer to help the society achieve its mission of supporting a strong local economy”.