Issue

Wintalyka Issue 01 / 2011
Money Matters
ay?
Resources avaliable online
• Delegations Chart
• Management Committee – Position Descriptions
• Management Committee – Treasurer’s Role Description
• Policy Template -Delegations of Authority
Working Better Module
• Developing Effective Governance
Skill Building Module
• Financial Management
www.nswmealsonwheels.org.au
The role of the Manager
• Implements financial decisions made by the
Board
• Assist Treasurer to prepare Annual Budget
• Carry out the operational management of the
budget
• Ensure the safe custody of all money
• Ensure that adequate records are kept and
audit trails are available for all transactions
• Ensure compliance with taxation obligations
• Review internal controls procures annually
with the Treasurer
• Prepare monthly financial reports for the
Board
• Assist in the development and
implementation of financial management
policies and procedures
• Ensure that correct procedures are followed
by staff
• Supervises staff involved in financial
management e.g. Bookkeeper
Note that the Manager and the Treasurer have
some shared responsibilities.
The role of staff
• Follow the financial policies and procedures
of the organization
• Seek advice and assistance from the Manager
as needed
The role of volunteers
• Follow the financial policies and procedures
of the organization
Everyone in the organisation
• All people involved with finances in the
organization must act with honesty, with
due care and diligence
• Everyone should be informed of their rights
and responsibilities
• Everyone has the responsibility to act in a
responsible, professional and ethical way
• It is the responsibility of the Board to
ensure that people with appropriate skills
are managing the organizations finances
• Staff (and volunteers if needed) must
be given appropriate training to manage
financial procedures
Once roles have been decided a Delegations
Matrix needs to be made. A Delegations
Matrix clearly defines who is responsible for
duties involved in financial management.
Roles are easy to understand with a
Delegations Matrix.
Many resources are available on the Members
Section of our website in the Reference Room
/Management Support on Line. They include
information sheets, tools, skill building
modules and working better modules. Why
not play one of these modules at your next
Committee meeting?
If you need any assistance please
a call a Network Support Officer on
82194200.
www.nswmealsonwheels.org.au 39