2017 Working with Accountants & Treasurers - Part 2: Working with Board Tre...
As the Executive Director, you are your organizations point contact with the Board of Directors. The Board Treasurer holds a key duty with regards to the financial oversight of the organization. Your relationship and how you manage your staffs’ relationship with that person is ESSENTIAL to the organization’s financial health and stability. Depending upon the size of your organization the Treasurer may have many roles, from that of daily bookkeeper to a fully governance role with no day to day financial responsibilities. This seminar will provide you with practical advice on how the role of Treasurer may be managed within an organization.
Treasurer duties (Terms of Reference)
Relationship between Treasurer and bookkeeper
Relationship between Treasurer and Executive Director
Information sharing – direction and content
Treasurer vs. bookkeeper
Signing authorities and third party contact
Facilitator: Susan Lucato, CGA
Born and raised in Victoria BC, Susan graduated from Reynolds Secondary and went on to Camosun College completing her BBA in Accounting with a Co-operative education endorsement. Through her co-op work terms with Price Waterhouse, Susan began the process of completing her Certified General Accountant designation (1996).
As a Senior Manager in the Independent Business Group, Susan spent fourteen years with Price Waterhouse, which through various local mergers and changes became Grant Thornton Chartered Accountants. She was instrumental in developing the local firm’s small business advisory and bookkeeping services departments and spent many years as the audit manager for a large variety of local charitable organizations.
After retiring from public practice in 2002 to spend more time with a young family, Susan moved more fully into the charitable sector, and in September 2002 took the position of Finance Director with the Victoria Foundation. As Canada’s 6th largest Community Foundation, Susan played an instrumental role in the growth of the Foundation’s assets and the organization’s presence in the local charitable community. The role focused on the financial oversight of the Foundation’s $185M endowment fund and included a national role in the community foundation movement, working closely with BC’s First Nations groups on specific trusts and the review and updating of the Victoria Foundation Act in 2009.
In August, 2011 Susan resigned from the Victoria Foundation to pursue her own financial consulting practice and continues to work closely with the Victoria Foundation among other local charitable organizations and small businesses. In her spare time, Susan is wife to Sandro (also an accountant), Mom to 11 and 15 year old boys, and is an avid half-marathon walker.