What are the responsibilities and job description for the Treasurer position at Community Bible Church?
The Church Treasurer is responsible for managing the financial affairs of Community Bible Church with integrity, transparency, aligned with the Church’s mission and in accordance with biblical stewardship principles. This role oversees the church’s financial records, budgeting, banking, and reporting, ensuring that all financial practices comply with CBC policies, procedures and legal and ethical standards. The Treasurer works closely with ministry leads and leadership boards, providing timely financial information and supporting wise stewardship of church resources.
Summary of Duties and Responsibilities
Financial Management and Record Keeping
- Maintain accurate and up-to-date financial records, including income, expenses, designated funds, payroll, and contributions.
- Oversee bank accounts, including deposits, withdrawals, account reconciliation.
- Monitor cash flow and ensure timely payment of bills, salaries, and obligations.
Financial Administration
- Review and approve invoices, reimbursements, and expenditures according to church policies.
- Manage vendor relationships and insurance or service contracts.
- Advise ministry leaders on financial procedures and available budget resources.
Budgeting and Planning
- Work with church leadership to prepare and manage the annual budget.
- Monitor budget performance and alert/advise on potential adjustments or financial concerns.
- Support ministry leaders with budget planning and tracking.
Reporting
- Provide regular financial reports to the church board, ministry leads, finance committee, and congregation (monthly, quarterly, and annual reports) as applicable.
- Prepare year-end financial statements and assist with audits or financial review, if applicable.
Giving and Contributions
- Ensure accurate recording of tithes, offerings, and donations.
- Provide annual giving statements to donors for tax purposes.
- Work with offering counters to ensure secure and transparent handling of funds.
Compliance
- Ensure compliance with federal, state, and denominational financial regulations.
- Supervise and/or assist with payroll and tax filings (W-2, 1099, payroll taxes, charitable contribution statements).
- Maintain internal controls to safeguard church funds, including procedures for counting offerings, authorizing expenditures, and dual-control systems.
- Oversee annual financial review or audit, working with outside reviewers if applicable.
- Stay informed on best practices in church finance and nonprofit accounting.
Working Conditions/Physical Requirements
- Office-based position with occasional flexibility for remote work if approved.
- Some weekend or evening hours may be required for events or meetings.
- Attendance at Deacons, Elders, Finance, or other meetings as necessary.
- May involve light physical tasks with occasional lifting of office supplies (up to 25 lbs.)