OGSCOTECH Alumni Election: Manifesto of Comr. Bello Azeez, an aspirant for the position of Treasurer

Manifesto of Comr. Bello Azeez, an aspirant for the position of Treasurer of the Alumni association, Ogun State of Health Technology, Ilese-Ijebu. 

A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance.

The Treasurer has a watchdog role over all aspects of financial management, working closely with other members of the Management Committee to safeguard the organisation's finances. 

The following points outline the typical financial responsibilities of a Treasurer: 

1. General financial oversight 

 Oversee and present budgets, accounts and financial statements to the management committee 

 Liaise with designated staff about financial matters 

 Ensure that appropriate financial systems and controls are in place 

 Ensure that record-keeping and accounts meet the conditions of funders or statutory bodies 

 Ensure compliance with relevant legislation. 

 Moreonfinancial oversight 

2. Funding, fundraising and sales 

 Advise on the organisation's fundraising strategy  Ensure use of funds complies with conditions set by funding bodies 

 Ensure fundraising and sales complies with relevant legislation and is bound by effective financial systems and controls 

 Ensure effective monitoring and reporting 

3. Financial planning and budgeting 

 Prepare and present budgets for new or ongoing work 

 Advise on financial implications of strategic and operational plans 

 Present revised financial forecasts based on actual spend.

4. Financial reporting 

 Present regular reports on the organisation's financial position 

 Prepare accounts for audit and liaising with the auditor, as required 

 Present accounts at the AGM 

 Advise on the organisation's reserves and investment policy. 

5. Banking, book-keeping and record-keeping 

 Manage bank accounts 

 Set up appropriate systems for book-keeping, payments, lodgements & petty cash 

 Ensure everyone handling money keeps proper records and documentation 

6. Control of fixed assets and stock 

 Ensure proper records are kept 

 Ensure required insurances are in place. 

 In all of these areas the Treasurer is responsible for ensuring that effective financial systems and procedures have been established, are being consistently followed and are in line with best practice and legal requirements.