Chapter Financial Management:
The Treasurer’s Leadership Role
Stephanie Helgerman, CSP
VP-Finance, ASSE
Bruce Sufranski
ASSE Director of Finance/Controller
October 9-11, 2014
Lombard, Illinois
Chapter Financial Leadership
 This workshop will explore the leadership role that
Treasurers play in looking for solutions to challenges faced
by chapters.
 More plainly how can the treasurer be a more effective
part of the leadership team.
Treasurer’s Roles: Financial Manager
 Financial Management: Responsibilities
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“Counting the Beans”
Safeguard chapter assets
Financial Control: annual chapter budget
Financial Reporting: monthly/ quarterly/ annually
Financial Compliance: IRS tax filings / other requirements
Treasurer’s Roles: Chapter Leadership
 Executive Committee
 Leadership Role: “Beyond Bean Counting”
 Participate in all chapter business decisions
 Focus on Membership Value / Experience
 To maintain chapter’s financial well being, must be an active
participant on Executive Committee
Treasurer’s Roles: Chapter Leadership
 Strategic Planning – long term view
 Set Chapter Direction and Priorities
 Assess Financial Impact of Business Decisions
 Are we providing best value for our Members
 Do revenues exceed expenses
 Special project initiatives
 How to pay for it
 Plan for the Long-Term
 Develop healthy and sustainable Chapter
 Financial health is key component
Chapter Challenges
 Small chapters vs big chapters (in dollar terms)
 How do small chapters obtain the money & resources they need?
 How do large chapters use their resources to maximize the value of
membership?
 What’s the treasurer’s role in the discussion?
 What’s your experience?
Chapter Challenges
 Chapter Management
 How do we provide good member value today?
 How do we ensure the chapter’s success tomorrow?
 What’s the treasurer’s role in the discussion?
 What’s your experience?
Chapter Challenges
 Chapter Management: Learning from Others
 How do chapters learn from the experiences of others?
 How do chapters foster communication with their counterparts?
 What’s the treasurer’s role in the discussion?
 What’s your experience?
Chapter Challenges
 Chapter Management: Financial Risk Management
 How do chapters prevent fraud or other financial wrongdoing?
 What’s the treasurer’s role in the discussion?
 What’s your experience?
Chapter Challenges
 Chapter Management: Insurance
 Is the chapter “covered” by insurance?
 What’s the treasurer’s role in the discussion?
 What’s your experience?
Questions?