06 — Board of Finance Member
Mayflower Church Position Description | 06 — Board of Finance Member
Governance Position
Role Summary
| Purpose | Oversee all aspects of Church finances, ensuring faithful stewardship, transparency, and accountability in the management of financial resources. |
| Accountable To | Congregation |
| Term of Service | Ongoing while serving in constituent role; composed of Chairs of Boards of Elders (including Pastor), Deacons, and Trustees, the Church Treasurer, and the Financial Secretary; annual + as needed meetings; Chair and Secretary structure |
| Selection Process | Automatic membership by virtue of role (board chair, treasurer, or financial secretary) |
| Time Commitment | 5-10 hours/year plus additional time for budget season |
Qualifications
Must hold one of the constituent positions.
Key Responsibilities
- Prepare and present a proposed annual budget to the Church Members at the October biannual meeting; the budget will be an estimate of all expenses, identify the Board accountable for each budget item, and be approved by vote of the Membership
- Review major expenditures and track the status of the budgets and funds based on the report of the Church Treasurer
- Receive the report of the auditors and direct any corrective action needed to ensure that all Church financial transactions are accurate, transparent, and traceable
- Approve all non-budgeted expenditures less than $5,000
- Present any non-budgeted expenditure in excess of $5,000 to the congregation for approval; may authorize expenditures over $5,000 on an emergency basis with subsequent congregational affirmation at the next scheduled meeting
Training & Support
Church financial management resources, budget preparation guidance
A signed acknowledgment is required when a member accepts this role.
The source .docx (including signature block) is attached to this page.
Position Descriptions | Mayflower Church | April 2026