VP Finance

EUS VP Finance 2021-2022

300px
Current:	Ryan Reszetnik
Office Hours Send me an email to schedule! vpfinance@mcgilleus.ca

The EUS VP Finance is responsible for overseeing the finances of the EUS core operations. This ranges from managing the $1M+ EUS budget, four funds, corporate relations and sponsorship, as well as fiscal responsibility for the commercial services. The role also directly oversees Open Air Pub, the Best Place on Earth. The VP Finance has a fiscal responsibility to ensure that the EUS maintains a strong financial safety net, and a social responsibility to ensure that the monies collected through various revenue sources are returned in services and events to benefit the entire student body. A person in this role should be an objective, unbiased thinker, good at critically analyzing the cost-to-benefit ratio of budget allocations and sponsorship, with high importance on reliable decision making and execution.

Duties

According to Title II of the Constitution
The Vice-President Finance shall:

1. Keep proper financial accounts and records in accordance with the Financial Bylaws of the EUS;
2. Prepare the annual budget of the EUS in conjunction with the Executive Committee and submit it to the Board of Governors before October 15th;
3. Manage the funds of the EUS in conjunction with the Executive Committee;
4. Prepare a year-end financial report by May 15th and obtain and update the previous year’s financial report;
5. Coordinate relationships with sponsors to support the finances of the EUS.

Committees

  Open Air Pub

  Student Space Fund

Other Responsibilities

• Uphold the guidelines of the Finances, including Cheque Requisitions, deposits, floats, Online Payment Processing, and more
• Alongside the Corporate Relations Director, seek new partnership opportunities & comply to sponsorship requirements
• Oversee Funds Allocation

How to Get Involved

The EUS VP Finance must have a good understanding of the financial structure of the EUS prior to taking on the position. There are several ways to accomplish this, besides FACC 300 of course. One of the best ways to do this is becoming the VP Finance for an EUS club, committee, department, or other group. Oftentimes these positions will have little prerequisites other than a passion and ambition for finances. It will help you gain budgeting skills and also understand the procedures and structure of the EUS.

Two other underrated financial roles related to the EUS are the positions of Finance Director and the Funds Director. The Finance Director in particular is a fantastic position if you are interested in later becoming the EUS VP Finance. The Finance Director gets extremely comfortable with the budgeting structure and the operational budget of the EUS. The Funds Director gains a specified understanding of the numerous EUS funds which is also extremely helpful for the general understanding of EUS Finances.

Midterm Reports

Year	Name	Link
2022-2023	Saman Gholami	To be submitted
2021-2022	Rahul Atmanathan	Midterm Report
2020-2021	Rahul Behal	Midterm Report
2019-2020	Thomas Hillyer	To be submitted
2018-2019	Yiming (Sunny) Sun	To be submitted
2017-2018	Alec Thomlison	To be submitted
2016-2017	Pentcho Tchomakov	Midterm Report
2015-2016	Ian Richardson	Midterm Report
2014-2015	David Bailey	Midterm Report
2013-2014	Zachery Oman	Not Found
2012-2013	Zachary Moreland	Midterm Report
2011-2012	Luca KruitWagen	Midterm Report
2010-2011	Etienne de Muelenaere	Not Found
2009-2010	Hrair (Ray) Tonkian	Not Found
2008-2009	John Danby	Midterm Report