Complete employment paperwork and confidentiality agreement
2
Set up workstation with necessary computer equipment and software
3
Schedule introductory meeting with credit union president or CEO
4
Introductory walk-through of the office to familiarize with departments and staff
5
Familiarize with credit union's financial management systems
6
Initial training on treasury management systems
7
Arrange meeting with previous treasurer for transition of duties
8
Begin review of current budgets, cash flow projections, and financial reports
9
Introductory meeting with Board of Directors
10
Approval: CEO for familiarity with treasury duties
11
Attend orientation for credit union products and services
12
Training on recognition and avoidance of fraudulent transactions
13
Begin hands-on management of daily cash position
14
Review credit union's investment portfolio and strategies
15
Attend first treasury staff meeting
16
Prepare first draft of credit union's short-term and long-term financial forecasts
17
Training on preparation and presentation of financial reports for board meetings
18
Attend first board meeting as Treasurer
19
Approval: Board of Directors on financial forecasts
20
Record and file any gap in knowledge for additional training sessions
Complete employment paperwork and confidentiality agreement
Please complete the necessary employment paperwork and confidentiality agreement. This task plays a vital role in ensuring that all necessary legal requirements are met and that your employment with the credit union can proceed smoothly. By completing this paperwork, you will provide the credit union with the information needed to process your employment and maintain the confidentiality of sensitive information. The desired result is for all required forms to be completed accurately and submitted on time. Do you have any questions about the paperwork or the information required? Do you need any additional assistance in completing this task?
Set up workstation with necessary computer equipment and software
Let's get your workstation set up with the necessary computer equipment and software. This task is essential to ensure that you have all the tools you need for your role as Credit Union Treasurer. By setting up your workstation, you will be able to efficiently and effectively carry out your duties. The desired result is a fully functional workstation that meets your needs. What specific computer equipment and software do you require? Are there any challenges or issues you anticipate in setting up your workstation?
1
Desktop Computer
2
Monitor
3
Keyboard
4
Mouse
5
Printer
Schedule introductory meeting with credit union president or CEO
Let's schedule an introductory meeting with the credit union president or CEO. This meeting is an important opportunity for you to meet and establish a relationship with the leadership of the credit union. By scheduling this meeting, you will have a chance to discuss your role, expectations, and any questions or concerns you may have. The desired result is a scheduled meeting that aligns with both your and their availability. When would be a good time for you to meet? What questions or topics would you like to discuss during this meeting?
Introductory walk-through of the office to familiarize with departments and staff
Let's take an introductory walk-through of the office to familiarize yourself with the departments and staff. This walk-through will give you an overview of the credit union's layout and provide an opportunity to meet your colleagues. By familiarizing yourself with the departments and staff, you will be able to navigate the office more easily and build relationships with your coworkers. The desired result is a better understanding of the office layout and a warm introduction to your colleagues. Are there any specific departments or individuals you would like to meet during the walk-through? Any questions or concerns you'd like to address?
1
Accounting
2
Loan Services
3
Member Services
4
Human Resources
5
IT Department
Familiarize with credit union's financial management systems
Let's familiarize yourself with the credit union's financial management systems. This task is crucial for you to understand how the credit union manages its finances and ensure you can work effectively with the systems in place. By familiarizing yourself with these systems, you will be able to navigate and utilize them efficiently. The desired result is a solid understanding of the credit union's financial management systems. What specific financial management systems does the credit union use? Do you have any previous experience with similar systems?
Initial training on treasury management systems
Let's provide you with the initial training on treasury management systems. This training is essential for you to understand how the credit union manages its treasury and cash flow. By receiving this training, you will be equipped with the knowledge and skills necessary to fulfill your role as Credit Union Treasurer effectively. The desired result is a clear understanding of the treasury management systems in use. Do you have any prior experience or knowledge of treasury management systems? What are your expectations and goals for this training?
1
Understand basic concepts
2
Master advanced features
3
Learn best practices
4
Improve efficiency
5
Other
Arrange meeting with previous treasurer for transition of duties
Let's arrange a meeting with the previous treasurer to facilitate the smooth transition of duties. This meeting is crucial to ensure that you receive the necessary information and guidance from the person currently holding the position. By meeting with the previous treasurer, you will have the opportunity to ask questions, gain insight into the role, and understand any ongoing responsibilities. The desired result is a productive meeting that sets you up for success in your new role. When would be a convenient time for this meeting? What specific questions or areas of discussion would you like to prioritize?
Begin review of current budgets, cash flow projections, and financial reports
Commence the review process of the credit union's current budgets, cash flow projections, and financial reports. This step is crucial to understand the financial health of the credit union, identify areas for improvement, and make informed decisions related to budget allocation and resource management. Have you started the review of current budgets, cash flow projections, and financial reports?
1
Yes
2
No
Introductory meeting with Board of Directors
Schedule an introductory meeting with the credit union's Board of Directors. This meeting provides an opportunity to introduce yourself, present your credentials, and gain insights into the strategic priorities and expectations of the Board. Building a rapport with the Board is essential for effective collaboration and decision-making. Have you scheduled the introductory meeting with the Board of Directors?
1
Yes
2
No
Approval: CEO for familiarity with treasury duties
Will be submitted for approval:
Complete employment paperwork and confidentiality agreement
Will be submitted
Set up workstation with necessary computer equipment and software
Will be submitted
Schedule introductory meeting with credit union president or CEO
Will be submitted
Introductory walk-through of the office to familiarize with departments and staff
Will be submitted
Familiarize with credit union's financial management systems
Will be submitted
Initial training on treasury management systems
Will be submitted
Arrange meeting with previous treasurer for transition of duties
Will be submitted
Begin review of current budgets, cash flow projections, and financial reports
Will be submitted
Introductory meeting with Board of Directors
Will be submitted
Attend orientation for credit union products and services
Participate in an orientation session about the credit union's products and services. This session will provide you with a comprehensive understanding of the credit union's offerings, enabling you to answer member inquiries and effectively promote the credit union's products. Have you attended the orientation for credit union products and services?
1
Yes
2
No
Training on recognition and avoidance of fraudulent transactions
Undergo training on recognizing and avoiding fraudulent transactions. This training will equip you with the knowledge and skills necessary to identify potential fraudulent activities, implement preventive measures, and uphold the integrity of the credit union's financial transactions. Have you completed the training on recognition and avoidance of fraudulent transactions?
1
Yes
2
No
Begin hands-on management of daily cash position
Start actively managing the credit union's daily cash position. This involves monitoring and optimizing the cash flow, ensuring adequate liquidity, and making informed decisions related to cash utilization. Effective cash management is crucial for the credit union's financial stability and growth. Have you started the hands-on management of the daily cash position?
1
Yes
2
No
Review credit union's investment portfolio and strategies
Conduct a thorough review of the credit union's investment portfolio and strategies. This evaluation will help identify potential risks, assess performance, and make informed decisions regarding investment diversification and optimization. A well-managed investment portfolio is crucial for generating income and supporting the credit union's financial objectives. Have you completed the review of the credit union's investment portfolio and strategies?
1
Yes
2
No
Attend first treasury staff meeting
Participate in the first treasury staff meeting to collaborate with other team members and exchange valuable insights. This meeting plays a vital role in fostering teamwork, aligning objectives, and coordinating efforts to achieve the credit union's financial objectives. Have you attended the first treasury staff meeting?
1
Yes
2
No
Prepare first draft of credit union's short-term and long-term financial forecasts
Prepare the initial draft of the credit union's short-term and long-term financial forecasts. This involves analyzing historical data, market trends, and business projections to create accurate financial forecasts. These forecasts form the basis for strategic decision-making, budgeting, and resource allocation. Have you prepared the first draft of the credit union's short-term and long-term financial forecasts?
1
Yes
2
No
Training on preparation and presentation of financial reports for board meetings
Undergo training on the preparation and presentation of financial reports for board meetings. This training will equip you with the necessary skills to compile accurate and comprehensive financial reports, effectively communicate financial insights, and provide the Board with the information needed to make informed decisions. Have you completed the training on the preparation and presentation of financial reports for board meetings?
1
Yes
2
No
Attend first board meeting as Treasurer
Attend the first board meeting in your role as the credit union treasurer. Participating in board meetings allows you to contribute to strategic discussions, present financial updates, and provide insights into the credit union's financial performance. This involvement is crucial for effective governance and decision-making. Have you attended the first board meeting as Treasurer?
1
Yes
2
No
Approval: Board of Directors on financial forecasts
Will be submitted for approval:
Prepare first draft of credit union's short-term and long-term financial forecasts
Will be submitted
Record and file any gap in knowledge for additional training sessions
Record and file any gaps in knowledge or areas requiring additional training. Identifying areas that need further development will help ensure continuous improvement and enhancement of your skills as the credit union treasurer. Have you recorded and filed any gap in knowledge for additional training sessions?
