# 06 — Board of Finance Member

*Mayflower Church Position Description | **06 — Board of Finance Member***

*Governance Position*

## Role Summary

<table id="bkmrk-purposeoversee-all-a"><tbody><tr><td>**Purpose**</td><td>Oversee all aspects of Church finances, ensuring faithful stewardship, transparency, and accountability in the management of financial resources.</td></tr><tr><td>**Accountable To**</td><td>Congregation</td></tr><tr><td>**Term of Service**</td><td>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</td></tr><tr><td>**Selection Process**</td><td>Automatic membership by virtue of role (board chair, treasurer, or financial secretary)</td></tr><tr><td>**Time Commitment**</td><td>5-10 hours/year plus additional time for budget season</td></tr></tbody></table>

## 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 &amp; Support

Church financial management resources, budget preparation guidance

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*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*