Financial Responsibilities The CEO is legally responsible for the financial management of the organisation including the organisation office, bank accounts, investments, debtors/creditors, insurances, payroll, superannuation, workcover, computers etc. The CEO will be required to: develop and implement a proper accounting system; develop and implement a financial reporting system; develop and implement operating budgets for the organisation including the submission of regular financial reports to the Board; maintain cost control measures; and maintain insurance policies for the organisation including public liability, directors and officers and building and contents. The CEO shall also authorise the reimbursement of business expenses. Business expenses are costs reasonably incurred by employees and Directors in the course of carrying out their duties (eg. travel, accommodation, entertainment, car parking). Business expenses may be reimbursed if provided for in an appropriate budget and approved by the Board. Claims for reimbursement of expenses are to be submitted on the approved form (if any). The CEO shall not provide a reimbursement where the details are incomplete or where details of the expense are not adequately supported with documents. Asset Protection The CEO shall: not permit any cheque or other payment to be processed with only one signature; set and comply with an approval to incur expenditure under delegated authority policy as amended from time to time by the Board; ensure that a backup of the computer system is conducted at least weekly; and not allow staff access to material amounts of funds. Staff The CEO shall: not operate without written personnel policies or office administration systems that clarify the rules and guidelines for the staff; provide effective handling of grievances or disputes;
Financial Responsibilities The CEO is legally responsible for the financial management of the organisation including the organisation office, bank accounts, investments, debtors/creditors, insurances, payroll, superannuation, workcover, computers etc. The CEO will be required to: develop and implement a proper accounting system; develop and implement a financial reporting system; develop and implement operating budgets for the organisation including the submission of regular financial reports to the Board; maintain cost control measures; and maintain insurance policies for the organisation including public liability, directors and officers and building and contents. The CEO shall also authorise the reimbursement of business expenses. Business expenses are costs reasonably incurred by employees and Directors in the course of carrying out their duties (eg. travel, accommodation, entertainment, car parking). Business expenses may be reimbursed if provided for in an appropriate budget and approved by the Board. Claims for reimbursement of expenses are to be submitted on the approved form (if any). The CEO shall not provide a reimbursement where the details are incomplete or where details of the expense are not adequately supported with documents. Asset Protection The CEO shall: not permit any cheque or other payment to be processed with only one signature; set and comply with an approval to incur expenditure under delegated authority policy as amended from time to time by the Board; ensure that a backup of the computer system is conducted at least weekly; and not allow staff access to material amounts of funds. Staff The CEO shall: not operate without written personnel policies or office administration systems that clarify the rules and guidelines for the staff; provide effective handling of grievances or disputes;
CEO-Role-Template.docx