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Division of Finance and Administration

Mandate: 

To provide leadership and guidance within the bounds of Bermuda-Nova Scotia Region and its Communities of Faith in its mission, finance and administration.

Membership: 

• Chair 
• Secretary (at the discretion of the Chair) 

• Chair, Financial Accountability and Investment Committee 
• Co-Chair, Financial Accountability and Investment Committee 
• Chair, Property Committee 
• Chair, Incorporated Ministries Committee 
• Chair Archives, Records and History Committee 

• Executive Minister – Staff Support 

Duties: 

• ensure consultation between the Committees of the Division 
• make recommendations to the Regional Executive on all financial and administrative issues 
• prepare and recommend budgets 
• report Mission Support Grant approvals to Executive 
• administer trust funds of the Region according to the terms specified in the bequests and gifts 
• recommend to Regional Executive policy changes and suggestions dealing with financial matters 
• keep an accurate record of the Region’s financial position 
• arrange an annual audit 
• make recommendations on additional regional assessments to carry out additional work 
• create working groups where needed for the functioning of the committee/Division 

Skills/Experiences: 

The following skills are desired for members of the Division of Finance and Administration: 

• working knowledge of financial matters 

• a sense of the mission of the Church and how Finance can facilitate that mission 

Accountability/Reporting: Reporting to the Regional Council and Regional Executive on a regular basis. (As often as needed or required.) 

Powers:  Must refer decisions to the Regional Executive except the following: 

• any expenditure within the approved budget 
• Trust Fund administration within specified terms 

• Auditors 
• Community of Faith requests for Grants and Loans within established parameters 

Archives, Records, and History Committee

Financial Accountability and Investment

Incorporated Ministries Committee

Property Committee