Services Provided

Processes Managed

The Finance Portfolio, working with the entire Board, is responsible for:

Processes identified for documenting and formalization include:

• Accounting
• Investments
• Finance Policy and Procedure Creation

• Accounts Payable
• Accounts Receivable
• Expense Reimbursement
• Refunds
• Account Reconciliations
• Event Reconciliations
• Budget

Portfolio Members

VP Finance

vp_finance@pmi-portland.org

This office is entrusted with managing funds for duly authorized purposes of the Chapter.

• Follows Chapter bylaws, policies and procedures; support the Chapter’s mission, values, and strategic plans.
• Manages Chapter finances through vendor payment, customer invoicing, deposits and monthly reconciliation. Create monthly financial reports for the board members for analysis.
• Signatory on Chapter bank account(s) and any other financial instruments belonging to the Chapter.
• Recommends policies and procedures for financial activities. Help educate the Board to understand the Chapter’s financial status and its financial reports.
• Recruits volunteers to assist with tactical financial activities and audits.
• Safeguards the Chapter financial assets by being cautious with passwords and escalate any non-member focused expenditures to the President and President Elect.
• Files financial reports with PMI headquarters when required by President of the chapter.
• Complies with IRS and other government requirements to maintain the Chapter’s 501c (3) tax exempt status.
• Maintains a prudent reserve account, the amount to be directed by the Board.
• Drives the effort to create the annual budget. Help develop preliminary budget for incoming Board.
• Supervises and manages Bookkeeper activities.

Bookkeeper

bookkeeper@pmi-portland.org

The bookkeeper works under the direction of the VP Finance.  This is a paid position.