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Preparing a long term nancial plan or projection estimating future income, expenditure and capital investment and assessing future nancial needs
Reporting to the other trustees on nancial progress, the nancial implications of speci c proposed or actual decisions and the impact on budgets and long term projections
Ensuring that properties are properly maintained and repaired and liaising with insurers regarding the insurance of all land and buildings and other assets (including motor vehicle eets)
Overseeing nancial procedures and controls generally
The above is a brief listing. Below, you will nd an outline “job description” for a
provincial bursar which provides further details of the role.
Job description for a provincial bursar
Accounts and nance
Collection of salary, pension and social security income, including monitoring the sisters’ entitlement to such bene ts; ensuring that other income to which the institute is entitled is received
Maintenance of the accounting records of the provincial fund
Assisting community bursars with the maintenance of their
accounting records
Reviewing and checking nancial returns submitted to the institute by the community bursars
Liaising with the nancial directors of the institute’s foundations and reviewing the budgets and nancial management information of these foundations; this involves an appreciation of their nancial systems and accounts
Monitoring the nances of the institute’s homes for the elderly
Forming and monitoring the institute’s purchasing policy in areas such as motor cars, equipment, utilities etc.
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Chapter 4
