Run for Vice President of Finance

  • ● Be responsible for ensuring that all financial procedures are followed.

    ● Be responsible for managing all Student Association assets.

    ● Financial Procedure:

    ○ Prepare and propose the Pre-AGM budget and an annual operating budget for approval to the Representative Assembly.

    ○ Instruct all TWUSA Council members in spending and reimbursement policies of the Student Association as these policies apply to them.

    ○ Count all funds collected from various events and make corresponding deposits.

    ○ Keep financial records up-to-date (i.e. banking and proposal computer files).

    ○ Prepare and make deposits with the to ensure accountability of funds.

    ○ Monitor all expenditures of the Student Association and ensure that all expenditures are in compliance with University regulations and Student Association financial policy.

    ○ Ensure fiscal responsibility with clubs and attend the first Council of Club Presidents meeting of each semester.

    ○ Establish a relationship with the Student Media Representatives and ensure members integrally administer their budgets and actively fulfill the mandate agreed upon in their contracts.

    ○ Notify the Executive of any apparent irregularities or variances from budgetary procedures and financial policies.

    ○ Keep an orderly account of all receipts and expenditures of the Student Association.

    ○ Present a financial statement to the TWUSA Council monthly.

    ○ Maintain and update the Financial Procedure Manual.

    ● Explore and develop opportunities for revenue generation.

    ● Receive a performance report and an annual portfolio valuation report from the University’s Management Investment Committee.

    ● Maintain a strong relationship with the University’s Vice President of Finance through monthly meetings.

    ● Maintain a strong relationship with the University employee responsible for the accounting of the Student Association.

    ● Represent students and the TWUSA Council on the Student Media Board, which oversees all student publications.

    ● Serve as Chair of the TWUSA Finance Committee.

    ● In the Spring semester of the current term of office, undertake the training of the Vice President for Finance-elect who shall, upon election, serve as an assistant to the Vice President for Finance until the completion of the academic year.

    ● The VP of Finance is required to have completed and passed BUSI 176, BUSI 121 and BUSI 222 before the start of their term.

    ● The VP of Finance cannot be a member of the Student Managed Investment Fund (SMIF) during the term which they serve on TWUSA.

  • The Leadership Grant for the Vice President of Finance is $5300

    • All Executive Officers must have a minimum career GPA of 2.50 not including the incomplete current semester, or a minimum term GPA in the previous two (2) semesters of 2.75, not including the incomplete current semester.

    • All Executive Officers must have completed fifty-seven (57) credit hours prior to September 1 of their term in office. An exception may be made if the student had previously served one complete year as a Council Member. It is also recommended – but not mandatory - that Faculty Representatives have completed fifty-seven (57) credit hours.

    • All candidates and those appointed must be members of the Student Association as outlined in Article II.A. of the Constitution.

    • No TWUSA Council members may hold another official student leadership role, including a role on TWUSA Senate, subject to appeal to the TWUSA Senate.

    • Must have passed BUSI 121, BUSI 222, BUSI 176 before start of term. Unless excused by Transfer Credits or by Senate Appeal.

  • Presiding-Chief Elections Officer (CEO) Audrey Tupaj

    See the Election Process in detail in the TWUSA Policy Manual