Position Summary
The Treasurer provides financial leadership and oversight for the First Presbyterian Church of Westerville and performs the signatory and corporate duties assigned to the office. The Treasurer helps ensure that the church's financial resources are managed responsibly, reported accurately, and administered in accordance with prescribed policies and applicable requirements.
Classification: Part-time staff position; salaried; 12-16 hours per week; no established office hours
Reports To: Session with a dotted line to the Stewardship and Finance Committee
Accountable To: Session
Key Responsibilities
1. Financial Planning & Reporting
- Lead preparation of the church's annual budget in collaboration with staff, the Stewardship and Finance Committee (S&F) and the committee chairs of the Session.
- Provide monthly financial reports to S&F and to the Session and quarterly reports to the congregation.
- Prepare financial statements and prepare clear interpretations or narratives for distribution to Session leaders.
- Serve as a financial resource and consultant to church staff, Session and Session committees.
2. Financial Controls & Transactions
- Handle the receipt and disbursement of all funds.
- Handle monthly bank reconciliations, bank statements, and investment statements.
- Process bank transfers through the online banking system and approve online bill payments in accordance with established internal controls.
- Perform payroll operations, issuing paychecks, tax reporting and ensuring that all local, state and federal taxes are withheld and remitted accordingly.
- Serve as an authorized signatory for checks and legal documents as permitted by church policy.
3. Investments, Loans & Banking Relationships
- Manage the church's banking and investment relationships, currently Fifth-Third Bank, New Tier Bank, and Vanguard Investments.
- Oversee church investments.
- Review and recommend investment changes to S&F.
- Process withdrawals and approved changes to the Vanguard investment portfolio in accordance with actions of S&F.
4. Audit, Compliance & Ethical Stewardship
- Support compliance with church financial policies, approved procedures, and applicable legal requirements.
- Promptly report suspected unethical conduct or financial irregularities to S&F and/or Session for review and resolution.
5. Collaboration & Other Duties
- Work collaboratively with the Pastor, the Co-chairs of S&F and the Session committee chairs.
- Participate in meetings of the S&F Committee, and Session, when financial guidance or reporting is needed.
- Perform other duties related to the role as assigned by S&F or the Pastor.
Prioritization
The Treasurer will collaborate with the Pastor and S&F co-chairs to prioritize responsibilities within the available hours, for example:
- Payroll and tax payments.
- Weekly bank deposits.
- Financial reporting to S&F and Session.
- Budget preparation.
- Year-end close-outs.
Qualifications
Required
- Demonstrated knowledge of fiscal management, accounting processes, budgeting, internal controls, and financial reporting.
- Ability to interpret and communicate financial information clearly in writing and verbally to people with varying levels of financial expertise.
- Sound judgment, integrity, discretion, and a commitment to maintaining confidentiality.
- Strong organizational skills, attention to detail, and the ability to work collaboratively and meet reporting deadlines.
- Working knowledge of presbytery polity and systems, or the ability to acquire that knowledge promptly.
Preferred
- Degree or professional certification in accounting, finance, business administration, or a related field.
- Previous accounting or financial-management experience, preferably in a church, nonprofit, or comparable organization.
- Knowledge of or experience within the Presbyterian Church (U.S.A.).
Accountability
The Treasurer is supervised by the Stewardship and Finance Committee and is accountable to the Session. The Treasurer is expected to maintain confidentiality, exercise appropriate independence, and professional judgment, and disclose any actual or potential conflict of interest.
Evaluation
The Pastor will conduct a performance conversation and review after the ninety-day probationary period, with an extension if needed, and again after twelve months of service. Annual performance reviews will be conducted thereafter.
Appointment & Term
The Session elects the Treasurer for a 3-year term, renewable for additional 3-year periods by action of the Session. The Treasurer reports to the Session while the Stewardship and Finance Committee is responsible for day-to-day supervision.
Compensation
This is a part-time salaried position. Mileage incurred in performing approved position duties may be reimbursed in accordance with church policy.