Finance Team
Team Members: David Drymon, Nate Gooden, Josh Carr, Chad Hansen, Nancy Wood and Anne Malone
Overview The Finance Team is focused on and accountable for the financial issues facing the parish, monitoring account and investment activity, and making finance related recommendations to the Vestry.
Things we manage or decide
- Monitor account and investment activity monthly
- Investigate account specific issues
- Discuss financial issues and prepare recommendations for the Vestry
- Work with stewardship to help them understand the financial needs of the parish
- Solicit staff, team, and other input as needed to prepare an annual budget
- Prepare annual draft budget for approval by the Vestry
Activities we are accountable for
- Development of financial policies and procedures (payroll and benefits, income and expenses, assets and liabilities.
- Oversight of volunteers, (treasurer, payroll clerk, tellers,contributions manager) and contracted bookkeeper.
- Recommendations to the vestry for budget expenses, staff salary adjustments, and capital expenditures.
- Ongoing support and management of the Legacy Fund: https://nativitymn.org/ministries/ministry-teams/finance-team/legacy-fund
How can you help, what skills do you need?
- An understanding of reading financial reports and analyzing financial data.
- Working with Nativity teams to determine their annual budgetary needs.
What is the time commitment?
- The Finance Team meets on the second Tuesday of each month for 1 1/2 – 2 hours.
- In addition to this time, you could expect to spend an additional 2 – 10 hours per month on finance related items based, upon the task(s) you choose to assist with or oversee.