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Authority:

The Director of Finance is elected pursuant to Article IV(3) of the PAR by-laws.

Term:

Under authority of Article V(6) of the PAR by-laws the Director of Finance shall hold office until he/she dies, resigns, is removed, is disqualified or until his/her successor is elected and takes office.

Authority:

  • The Director of Finance shall cause to have proper accounts and records kept of all financial transactions.
  • The Director of Finance shall cause the preparation of an Annual Statement of the Association's financial position as soon as possible after the close of each fiscal year. This statement shall be so prepared as to give a clear and reasonable statement of the Association's financial position and shall be in such form as the Board and the Association's auditors may require. It shall be submitted for audit and certification as soon as possible after the close of the fiscal year, and shall be placed before the Annual General Meeting of the Association.
  • The Director of Finance shall oversee the preparation of the budget.
  • Under authority of Article XI(3) of the by-laws the Director of Finance shall be one of the association's signing officers for purposes of cheques drawn on the Association's account.
  • The Director of Finance is responsible for submitting an annual report to the members of the association.