Finance Council

 

Overview

The Parish Finance Council is a consultative body which advises the Pastor on financial matters

Mandatory Activities/Responsibilities

  • Assist the Pastor in the preparation and presentation of the Parish annual budget in consultation with other parish groups
  • Review the semi-annual financial reports which are made to the Chancery
  • Assist the Pastor in the integration of the budget mechanism with goal setting processes to ensure that financial resources and parish goals are compatible
  • Study parish revenue and make recommendations to the Pastor for maintaining or increasing revenues
  • Assist Pastor in providing financial reports to parishioners
  • Advise the Pastor in the development of salary administration program for parish employees
  • Review contracts with outside parties and approve where appropriate
  • Review and approve security procedures for the handling of money
  • Recommend to the Pastor financial policies for the parish, in light of current policies issued by the diocesan finance and legal offices
  • Provide consultation on the financial feasibility and projected resources to support planning projects of the parish
  • Members must be available for all scheduled meetings

Skills, Experience and Qualifications

  • Fully initiated Catholic of good standing in the parish community
  • Active member of the parish
  • Volunteer has sufficient experience and skills to contribute
  • Skilled in working on a team
  • A financial background would be very useful

Personal Traits and Qualities

  • Needs to be flexible and have good relational skills
  • Tolerance and patience is an asset
  • A good sense of humour and a spirit of generosity

Orientation and Training

  • Standard parish orientation program
  • Most experience is gained in the committee
  • Guidance for committees comes from the Chancery

Participant Group

  • The Finance Council, pastor and other parish leaders

Support, Supervision and Evaluation

  • The Pastor evaluates and supervises
  • Support is provided by committee members
  • Evaluation will take place at the end of each committee members term

Length of Ministry Appointment

  • Three years

Benefits and Working Conditions

  • Satisfaction of working on team
  • Job has a direct impact on the financial management of the parish
  • Members must work 4-5 hours per month max
  • Will develop group and team working skills

Screening Measures

  • This is a low risk position
  • Completion of an Information Form is required
  • Completion of the Ministry Covenant Form

Contact

Parish Office at (416) 489-1540, Ext 221 or Click Here.