Ever wonder how a club like ours works? It's led by a Board of Directors that meets once a month throughout the year-sometimes more often if needed.

Here's what some of our responsibilities include.

Responsibilities of the Treasurer
 

q       Interpret and explain monthly financial reports to the Board of Directors at monthly meetings

q       Supply necessary assistance to Club’s Office Manager so that payrolls and all financial records can be up to date

q       Sign checks for weekly payroll and payment of routine club bills

q       Review balances in checking and savings accounts to provide the greatest financial benefit to the Club.

q       Analyze open item report and approve payment schedule

q       Negotiate with banks for loans, mortgages, etc.

q       Monitor and manage cash flow.

q       Supervise and act as liaison between Board and Office Manager & her staff

q       Negotiate and manage contracts with concessions, subject to approval of Board. (ski shop, food vendor, etc.)

q       Approve purchase of ticketing and office supplies

q       Approve and monitor petty cash

q       Arrange for annual audit

q       Ensure filing of Form 99-T to US Treasury each year.

q       Prepare Administration budget

q       Review insurance coverage with VP each year and revise as needed. Ensure compliance with Massachusetts Ski Area Responsibility and Liability Act of 1978 Chapter 455

q       Approve and monitor all club expenditures

q       Present year end financial report at Annual Meeting

q       Chair annual budget committee and present annual budget proposal to the Boar of Directors

q       Ensure daily receipts are deposited in bank