Treasurer: meaning, definitions and examples

A treasurer is responsible for managing an organization's funds, including investments, budgets, and financial planning. This role is common in non-profits, clubs, and small organizations.

• The treasurer presented the annual budget at the charity's board meeting.
• As the club’s treasurer, she ensures all dues are collected on time.

A financial officer, often called the Chief Financial Officer (CFO), is responsible for the overall financial strategy, planning, and management of an organization. This is a senior executive role in large companies.

• The financial officer discusses the quarterly financial performance with the executive team.
• As the financial officer, she plays a key role in merger and acquisition decisions.

An accountant handles financial records, prepares taxes, and ensures compliance with financial regulations. This role is found in businesses of all sizes.

• She hired an accountant to manage her business finances and tax filings.
• The accountant prepared the year-end financial statements for the company.

A controller oversees accounting operations, financial reporting, and internal controls within an organization. This role is typically found in larger companies.

• The controller ensures that all financial reports are accurate and submitted on time.
• He was promoted to controller after ten years of working in the company's finance department.