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A treasurer is the person responsible for running the treasury of an organization. The adjective for a treasurer is normally tresorial. The adjective treasurial normally means pertaining to a treasury, rather than the treasurer.
A Treasurer is typically the officer assigned the primary responsibility of overseeing the management and reporting of an organizationâs finances.The Treasurer may have many important duties specific to its role, including: 1  Bank account maintenance â Selecting a bank, signing checks, and investing excess funds wisely.ltimately, while financial management is the primary focus of the Treasurer, the entire board shares accountability. As highlighted by the Minnesota Nonprofit Alliance Fund, âthe treasurer shouldnât feel, or be made to feel, that they have sole responsibility for the financial health of the organization.