Church Treasurer Duties

The church treasurer is responsible for managing the church’s finances, including accurate record-keeping, budgeting, financial reporting, and ensuring compliance with financial regulations[1]. Key duties often include:

  • Maintaining accurate and up-to-date financial records, tracking all contributions, payroll, and expenses[1][3].
  • Collecting and depositing tithes and offerings, reconciling bank accounts, and preparing donor receipts[3].
  • Preparing regular financial reports—such as income statements, balance sheets, and cash flow statements—and presenting these to church leadership, finance committees, and the congregation as needed[1][5].
  • Assisting with the development and administration of the annual church budget, in collaboration with church staff and finance committees[1][6].
  • Overseeing cash management, including handling collections, making deposits, and safeguarding church assets by implementing proper internal controls[1][5].
  • Coordinating and tracking donations, providing contribution statements to members for tax purposes, and ensuring financial transparency[1][3][5].
  • Ensuring compliance with local, state, and federal tax laws, as well as with accounting standards and internal financial policies[1][7].
  • Conducting regular financial analysis to advise church leadership on financial health and to identify trends or areas for improvement[1].
  • Facilitating or supporting regular audits to maintain transparency and trust within the congregation[5][7].
  • Communicating essential financial information to church leaders, staff, and members, fostering a culture of accountability and stewardship[1][5].
  • Staying informed about best practices in church accounting, tax regulations, and nonprofit financial management[1][8].

A clear segregation of duties is recommended to maintain accountability; for example, approving payments, signing checks, and reconciling accounts should be assigned to different individuals[4][7].

References

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