The Treasurer shall be responsible for adequate and proper accounts of the properties and funds of the Academy. These records will include cash, outstanding advances, investments, accounts receivable and other assets, accounts payable, and fund balances (net assets). As the position represents the needs of an entire member profession, the Treasurer must be able to act with integrity and trust and work toward bringing together all members and constituents toward a common vision.

Responsibilities:
Serving as an agent of the board, the Treasurer shall 

• Oversee the preparation of the budget
• Serve as chair of the Budget Committee
• Ensure that accurate books and records on financial condition are maintained
• Deposit or call to be deposited all monies and other valuables in the name and to the credit of the Academy with such depositories as may be designated by the board
• Ensure that the assets are protected and invested according to corporate policy
• Ensure that CAPA complies with corporate and statutory reporting requirements
• Ensure that comprehensive financial reports to the board are prepared in a timely and accurate manner
• Ensure that the complete records of the organization are available to the individual or individuals preparing the annual financial statements
• Perform all duties incident to the office of the Treasurer or as prescribed by the board
• Submit  a written report prior to each board meeting of his or her activities since the previous board meeting
• Submit an article on deadline for each issue of the CAPA News
• Perform Board Member functions

Reports to: CAPA Membership

Elected by: CAPA Members

Length of Term: One year

Time Commitment:
Serving as CAPA Treasurer requires hours of volunteer time: attending meetings, participating on conference calls, reading, communicating by telephone and e-mail.

Meetings/Conference Calls/Travel:  

Board Committees:
In accordance with existing policy, the Treasurer serves on the following board committees:

• Budget Committee (Chair)
• Other committees as assigned by the President

Technology Needs:

• An e-mail account for initiating or responding to e-mail communications
• Access to a fax machine

Financial Support:

• Travel expenses for required meetings
• Telephone, postage, and other necessary/pre-approved expenses

Staff Support:

• CAPA’s CPA
• CAPA’s Financial/Investment Planner
• CAPA Staff

Qualifications:

• Commitment to the PA profession, CAPA, and its values
• Understanding of CAPA organization and its principles, mission, objectives, services, and the responsibilities and relationships of governance and management of paid and volunteer staff
• Understanding of needs for CAPA services, as well as the financial and human resources
• Understanding of record keeping, accounting systems, and financial reports
• Ability to work with the Chief Operating Officer, accountants, and certified financial planners as necessary

Confidentiality Statement:
Board members are exposed to sensitive and proprietary information of great importance to the PA profession. Therefore, board members are required to keep this information in the strictest of confidence.

Disclosure Statement:
Decisions made by board members on behalf of CAPA have far-reaching implications. Situations may arise in which an individual representing the Academy may have outside interests, which could be perceived as a conflict of interest. All board members shall sign a statement of disclosure or conflict of interest at the time of election, appointment, or change of position. Notification must be made to CAPA of a change in circumstances leading to a potential conflict during their tenure.