[Owasp-board] Treasurer / shadow treasurer for 2018

Andrew van der Stock vanderaj at owasp.org
Wed Nov 22 20:52:26 UTC 2017

Hi there,

The treasurer position is critically important to the function of OWASP. As
next year is my last year on the Board, one of the new Board members either
needs to become the treasurer and I will help you, or one of you can become
the shadow treasurer for 2018. It's not an official role, but I wish I'd
had that experience before becoming treasurer.

The treasurer role requires around 5-20 hours per month, 5 hours or so most
months, but a lot more like around now during budget time. You need to work
closely with the Board to help fund strategic initiatives, set budgets,
help create or review monthly Board finance reports, and work out what we
can afford; work with our community to help fund projects, chapters, and
local and regional events; the ED and staff to fund BAU activities, global
events, and internal projects; work with Tom Pappas and the finance team at
Virtual to approve large payments and payroll; and to sign our tax papers
and approve the external audit, which is next due in 2020 covering the 2019
FY, which means OWASP will be audited in your first full year as treasurer,
which might feel a bit daunting. You will need to become a co-signatory on
our bank accounts and gain read only access to the books.

You don't need to decide this today, and so you have time to discuss this
among yourselves as well as reach out to Matt Konda, myself or Martin to
discuss the role in more detail. Obviously, I don't want to presuppose if
the 2018 Board re-elects me to the role, and therefore someone shadows me,
or if one of the new 2018 Board decides to be treasurer and I shadow you
until you've got it. I'm happy to work in either way as it's up to the 2018
Board to decide who has the role when we vote on roles soon.

Learning how to run a small to medium business, accrual based accounting,
running international accounts and transactions, and being responsible for
the checks and balances, and reporting to the Board has been ultra helpful
to me personally as a technical person, rounding out my business skills. It
is a fair amount of work, but you'll gain experience too.

Please have a think about it if you want to become Treasurer in 2019,
because one of you has to do so, and it would be best to learn during 2018
so there's a clean transition once my term finishes next year.

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