Characteristics of a Good Treasurer



Volunteer Development Agency Small LogoCharacteristics of a Good Treasurer

The Treasurer of a Management Committee plays a vital role. This section summarises some of the key qualities and skills required for an effective Treasurer.


Qualities, Skills, Knowledge

A Good Treasurer will:

  • be capable of handling figures and cash;

  • have an orderly mind and methodical way of thinking;

  • have experience in dealing with large sums of money and budgets;

  • have experience of financial control and budgeting;

  • have an eye for detail;

  • be available to be contacted for ad hoc advice;

  • have a financial qualification or relevant experience;

  • have experience of pension schemes;

  • good communication and interpersonal skills;

  • ability to ensure decisions are taken and followed-up;

  • good time-keeping;


Role of Treasurer

Do's and Don'ts

A Good Treasurer will:

A Good Treasurer will NOT:
  • Be trustworthy.
  • Commit fraud - i.e. 'borrow' group funds for his/her own use.
  • Be impartial.
  • Make him/herself indispensable.
  • Feel comfortable working with figures.
  • Carry group money around for weeks before banking it.
  • Be willing to explain figures if asked.
  • Neglect to pay bills.
  • Be methodical.
  • Ignore the law.
  • Bank group money as quickly as possible.
  • Overdraw group funds without the agreement of the committee.
  • Make it easy for others to take over by keeping clear records.
  • Pay or recieve money without making a note of it.


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Volunteer Development Agency
DIY Committee Guide 2005. Please view our copyright statement.
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