RSC Group Treasurer Responsibilities

• Must be a member of the RSC.
• To maintain up to date accounts of the Group’s activities.
• To consult and make use of the resources provided to Treasurers by the RSC Finance department (Bank reconciliation form, Prepayments and accruals form etc); the resources are also available on the RSC Treasurers group on MyRSC.
• To prepare a set of Annual Accounts and supporting documentation for inspection by the Group auditor(s).
• To prepare audited Group Accounts for the RSC Finance Department and for ratification by the Group AGM (if held).
• To send a copy of the Group’s Audited Accounts to RSC Finance Department before 14 February deadline – a prerequisite before the grant will be released – ratification by the group AGM can take place later.
• To include a meaningful breakdown of Group activity costs in the annual report.
• To pay all bills as soon as possible and to ensure that officers’ expenses are paid promptly where applicable.
• To ensure that reasons for large balances in the accounts at the end of the year are justified.
• All financial records, supporting documentation and bank statements should be retained for six years.