Treasurers

Description

This article outlines the responsibilities of a parish treasurer, how they are appointed, and what supportis available. It also offers guidance for transitioning treasurers and managing financial duties effectively.

Overview

The parish treasurer plays a key role in the life of a church. They help manage finances, report to the minister and Parish Council, and ensure that timely payments are made.

The specific duties may vary depending on the size and complexity of the parish. In some churches, the treasurer handles all financial transactions. In other words, a bookkeeper may manage day-to-day tasks while the treasurer focuses on financial strategy and reporting.

Here are some common responsibilities for the parish treasurer:

  • Oversee financial administration, and keep necessary records
  • Review and monitor financial procedures (collection of money, payment of accounts)
  • Lodge returns to the authorities as required (e.g. BAS, Payroll)
  • Monitor the financial position of the church regularly against budget
  • Provide reports and analysis to the Parish Council
  • Assist the church in achieving its mission, using the financial resources provided

Appointing a Treasurer

The treasurer is a member of Parish Council, who is appointed by and is responsible to the Parish Council. The Parochial Administration Ordinance (Section 32(2)) specifies that the treasurer is to maintain accurate financial records and to report as required to Synod Office, the Vestry, the Parish Council and the Australian Taxation Office. It’s (very) helpful for a treasurer to have a basic understanding of accounting or bookkeeping, and the applicable legal responsibilities.

When appointing a new treasurer, Parish Council should make sure that:

  • the parish’s banks are notified of the change of treasurer, and that account authorisations are changed
  • historical records are transferred from the previous treasurer to the new treasurer
  • the parish’s accounting software is available to the new treasurer

As the treasurer is intimately involved in the running of a church, it’s a good idea to always have someone else being trained in the role. This means that if the current treasurer goes

 

on holiday, or otherwise becomes unavailable, a backup person is available, and the church can continue its work with minimal disruption to payments and reporting.

Support for Treasurers

There are several ways that Synod Office can support treasurers:

  • The Ministry & Parish Support Team includes financial specialists who can answer your technical questions
  • The Payroll Service can significantly reduce the time and complexity of a treasurer’s work
  • Anglican Funds SA offers a full range of banking services, customised to the needs of our churches
  • Planned Giving can be set up by Anglican Funds SA to streamline regular electronic giving

Further Reading

OurCommunity.com.au have provided a useful guide for being a Treasurer in the Australian Not-For-Profit sector. Note that in their documentation, a ‘Board’ is roughly equivalent to a Parish Council.

Related resources