Vice President for Finance

 

Term: 2016-2018

Joseph Cosentino
Director of Admission
Manhattanville College

[email protected]

The Position

This role in the governance structure involves duties primarily at the state level; however, the effects of this position are far reaching, impacting our association at both the state and national levels. The Vice President for Finance must not only conduct and monitor all financial transactions within the Association, but oversee the work of the development and membership committees. The success of these particular committees is critical to the life of the organization. Establishment of a strong foundation will assist New York State’s national standing and strengthen our voice at this level-something all state and regional associations strive to do. The term of office for Vice President for Finance is three years. A summary of the duties of this position as described in the NYSACAC By-Laws is as follows:

  1. Coordinate the work of the Development Committee, and the Membership Committee as well as the ad hoc and interim committees except those associated with the Annual Membership Meeting.
  2. Be responsible for the funds of the Association.
  3. Be responsible for payments of all bills of the Association.
  4. Serve on the Finance Committee and help prepare and oversee the annual budget of the Association.
  5. Make regular reports of the financial status of the Association to the Association and Executive Board.
  6. Present an annual report at the conclusion of the fiscal year.
  7. Be responsible for scheduling and assisting in a financial audit of the Association every three (3) years.
  8. Be elected to one three-year term.
  9. Serve the first year of the term as “Vice President for Finance-Elect,” and shall attend all meetings with the Vice President for Finance, as a non-voting member.
  10. Automatically become the association Vice President for Finance in the second year of office and shall assume all of the responsibilities of the position.
  11. Serve as the Vice President for Finance in the third year of office, and during that year provide training for a new Vice President for Finance-Elect.
  12. Serve as an ex-officio member of aforementioned committees.

The Commitment

The rewards of volunteer service to the organization can be significant, benefiting members both personally and professionally. Information specific to the school to college transition is shared, leadership skills are developed, and the respect and support of colleagues across the state and country are earned.