financial directors & assistant financial directors breakout session
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Show me the Money!!. Financial Directors & Assistant Financial Directors Breakout Session. Financial Directors and Assistant Financial Directors. Your primary responsibility is maintaining financial accounting for the entire leadership board, including service teams. - PowerPoint PPT PresentationTRANSCRIPT
Financial Directors Financial Directors
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Assistant Financial Assistant Financial Directors Directors
Breakout SessionBreakout Session
Show me the Money!!
Your primary responsibility is
maintaining financial accounting
for the entire leadership board,
including service teams
Financial Directors and Assistant Financial Directors
As the Financial Director, you…
Maintain financial records of income & expenses for board & service teams
As the Financial Director, you…
Verify and track requests from service teams
As the Financial Director, you…
Respond to service teams concerning board approval of project funding
Your Chapter may ask another leader to take on this responsibility.
As the Financial Director, you…
Have responsibility for the
Chapter Checking account
Checking Account
The bank will make funds from both local and non-local check deposits available for withdrawal on the first business day following the date of deposit.
As the Financial Director, you…
Collect & retain receipts from service teamsand verifies service team expenses
As the Financial Director, you…
Are responsible for year end financial audit
The Annual Audit
A year end audit is required and is due into the home office at the end of February.
The Annual Audit
It is a two part audit – a performance as well as a financial audit.
The Annual Audit
The Audit Committee must consist of at least three chapter members, but additional nonmembers may (and
should) serve.
Resources
Thrivent provides a Quicken or Excel template for bookkeeping
Templates can be downloaded from the website (ChIP)
Resources
Keep your Care Abounds funds & operating funds separate by using the new operating funds tracking sheet on
the Chapter Administration Page.
Resources
Online Banking with Thrivent Bank
Requesting funds online tutorial available: www.thrivent.com/members/volunteer/training.html
Resources
Quick Reference Guides
a. Financial Director Roleb. Quickenc. Excel templatee. Use of Operating Funds
Questions?
Fraternal Help Desk 1-800-236-3736 option 3
Thrivent Bank1-866-226-5225