finance Finance WG

Last updated: September 19th, 2019

Treasurer

Role description

Throughout entire event:

The Finance Lead/Treasurer takes charge of creating a conference bank account, arranging conference insurance and deposits, creating a conference budget, managing expenses and creating financial reports.

  • Ensures financial aid support is well taken care of by financial aid manager.
  • Before event:

    Manages and organizes the finances and budget of the conference.

    Oversees operations from financial aid support committee and sponsorship committee

    A bank account for the conference is needed.

    During

    • transfers sales collected from ticketing over to conference account.

    (Note: It is advisable to hire a freelance accountant or company to handle the revenue and to settle bills for expenses occurred during event organisation since most accounts will be in Thai. )

    After

    • Pays bills.
    • Sums up the books.
    • Makes a financial report.
    • Gets the auditors to audit.
    Guidelines
    Also check on step 3 of quick guide for reference.