The church treasurer is responsible for management of the church’s tithes, dues, and finances, and he or she can be a willing volunteer or a fulltime staff member. The job description of a church treasurer contains duties associated with the collection, recording, management, investment, and spending of the church’s money.
The church treasurer works with the church’s board of ministers to manage the church’s finances and attend to general bookkeeping, fundraising, and tax responsibilities.
Essential Duties and Responsibilities of a Church Treasurer
- Collects, sorts, and records the amount of tithes each Sunday after services.
- Accepts donations on behalf of the church and records the amount and the donors name for tax purposes.
- Issues receipts for large donations.
- Keeps detailed records of all financial transactions.
- Deposits the funds into the church’s bank account and maintains receipts for records.
- Pays employees from the church’s accounts.
- Maintains tax records of employee salaries, donor information, spending habits, and more.
- Files the church’s taxes with a registered CPA and keeps and files all records regarding such transactions.
- Reconciles church bank statements with the church’s ledger, making note of any discrepancies and bringing them immediately to the church’s board, pastor, or deacon.
- Invests large donations to supplement the church’s trust.
- Tracks investments and delivers quarterly earnings statement to the church’s board.
- Presents a quarterly statement on the church’s finances to church members and donors.
- Participates in any financial audits.
- Prepares tax forms such as W-2 or 1099 for church employees.
- Inspires confidence from the congregation and the church executive staff as to his or her integrity and ability.
- Attends meetings with the church executive staff to go over finances and stay aware of any upcoming expenses, events, or changes to the church’s operation.
Required Knowledge, Skills and Abilities
- Must have strong general competencies with bookkeeping, financial auditing, investing, accounting, and processing.
- Must be incredibly organized and have an exceptional attention to detail.
- Must be trustworthy and honest in all dealings.
- Must be committed to the mission and goals of the church.
- Must be familiar with the tax code as governs religious and non-profit entities.
- Must be willing to research and learn more about effective financial practices, accounting, bookkeeping and filing taxes.
- Must be able to work well with church staff, volunteers, committee members, and the church’s leadership.
- Must be comfortable being supervised in a close capacity.
- Must be committed to the confidentiality of all donations and financial information.
Education and Experience
- Bachelor’s degree in finance, accounting, business, or economics recommended but not required.
- Must have at least some experience as a CPA, treasurer for a company, or finance management.
- Time spent processing finances in the church’s office and supervised by a deacon, pastor, or church board member.
- Must be able to work Sundays after church service.
- Must be willing to spend long hours attending to financial duties and be flexible to the church and supervisor’s schedule.
- Position is frequently unpaid, but church members may vote on a small yearly stipend.
- Position is sometimes elected by the congregation.