Treasurer

The Treasurer is an active member of the Board of Directors. The Treasurer manages the finances of the Club, reports on the Club's financial performance and makes recommendations to the Board of Directors to ensure targets are met. 
Duties include, but are not limited to:
● Prepare an annual budget and present to the Board of DIrectors at the beginning of each season.

● Liaise with Accounting firm to prepare annual Financial Statements and present at the Club AGM.

● Manage the bookkeeper

● Keep an accurate historical record of transactions in Quickbooks covering income such as membership payments through RAMP, fundraising income, sponsorship income, and payments to employees, third parties, and CKC/CKO affiliates.
○ Manage Chart of Accounts to ensure all transactions are itemized appropriately
○ Liaise with the bookkeeper to ensure:
■ Run reports on program registration through RAMP to reconcile daily Credit Card
deposits and e-transfers in Quickbooks
■ Ensure digital image of all invoices and receipts are uploaded to Quickbooks and
attached the the applicable transaction to be retained in file digitally.
■ Reconcile all transactions in a timely manner to ensure all reporting options are
up-to-date

● Maintain the club’s bank records.
○ Accept e-transfers for membership payments
○ Reconcile income from RAMP
○ Pay utility bills (auto withdrawal)
○ Prepare payments for CKO/CKC participation/regattas
○ Liaise with bookkeeper to ensure:
■ Reconcile transaction fees paid out to Global Payments on the first of each month
○ Reimburse member expenses in a timely manner and ensure an effective reimbursement
program is in place
○ Prepare funds for capital expenditures
○ Liaise with account representative at bank to ensure the Club accounts provide the best
possible services for the lowest fee
○ Liaise with the account representative at the bank to apply for Club Credit Cards.

● Manage all payroll functions.
○ Ensure all employees complete applicable forms including Employee Information, TD1 Tax Form, Direct Deposit Form
○ Liaise with bookkeeper to ensure:
■ Accurately input all Employee information into Quickbooks and set up bi-weekly pay
structure
■ Receive timesheets from Boat House Manager electronically and import into Quickbooks
to ensure historical records are maintained for hours worked
■ Process payroll bi-weekly by direct deposit
■ Ensure all government guidelines are followed with respect to Statutory Holiday Pay and
Vacation Pay (as necessary).
○ Process and send T4 slips in a timely manner
○ Report and make payments to WSIB
○ Complete and submit ROE to Service Canada for each employee at the end of his/her summer work period
○ Send monthly bank statements to bookkeeper

● Manage Club Insurance Policies.
○ Complete all necessary forms and submit to A. Gallagher as requested
○ Make premium payments in a timely manner to ensure all coverages are in place
○ Have full knowledge of the current Club Insurance policies and make recommendations to the Board of Directors as necessary regarding coverage updates

● Prepare a monthly Treasurer Report to be presented at the monthly Board Meeting.
○ YTD P&L Statement to Budget
○ Current Balance Sheet
○ A presentation of current trends, missing targets, or other financial updates

● Monitor the RAMP registration system and follow-up on non-payment of program fees. Liaise with CPC Registrar as necessary to ensure registration accounts are up-to-date and outstanding accounts have follow-up.

● Add program fees to member accounts during the season, as necessary, and follow-up on payment options