Treasurer

A treasurer is an individual responsible for overseeing a financial organization or managing funds in various contexts, such as in a business, government, or non-profit organization.

The treasurer's duties typically include budgeting, monitoring expenses, preparing financial reports, and ensuring that financial assets are properly managed and safeguarded.

Treasurer meaning with examples

• In the recent board meeting, the treasurer presented a detailed financial report that outlined the organization's monetary status, helping board members understand their fiscal health and make informed decisions.
• The student council elected a new treasurer who is tasked with managing the funds for school events, ensuring that all expenditures are accounted for and that the budget is adhered to throughout the year.
• As the treasurer of the community association, she diligently tracks all incoming and outgoing funds, periodically updating the members on financial status to maintain transparency and trust among residents.
• During the annual charity gala, the treasurer provided a breakdown of how funds were raised and allocated, emphasizing the importance of financial accountability to the event's attendees and sponsors.
• The treasurer played a crucial role in the organization's financial planning, developing strategies to increase revenue while simultaneously reducing unnecessary costs to ensure sustainability in the long run.