State Board Position Profile
Finance Vice-President
Term:
Two years, starting every even numbered year
Status:
Elected and attends board and executive committee meetings
Requirements:
Finance management skills and experience
Duties:

• Serves as the chair of the Finance Committee which consists of the State President, President Elect and the other four Vice Presidents
• Receives all State Board receipts, including state dues, and disburses all State Board expenditures that are pre-approved in the budget or approved by the President or the Executive Committee, and provides an itemized accounting of the same.
• Develops an annual budget in consultation with the Finance Committee
• May develop the annual state convention budget in consultation with the President, the Board, the Program VP and the Local Arrangements Coordinator
• Maintains and balances all State Board accounts, and serves as custodian of all funds, securities and business papers
• Provides a detailed financial report to the Executive Committee and the Board at board meetings and/or upon request of the President
  Secures insurance for state board activity
• Submits all financial records for audit at the end of her/his term
• Maintains a list of all branches and annual branch membership totals
• Maintains a list of the total number of state members who are not affiliated with a branch
• Acts as a resource for branch Finance Vice President counterparts
• Submits an annual financial report to the State President and Board
• At the expiration of her/his term of office, but no later than August 1, turns over the records to the incoming Finance Vice President
• Performs such other duties as assigned by the state president

Updated 2 Mar 2012