As treasurer of the STAR Management Week you will be the financial gatekeeper. You will safeguard the financial health of the project, support decision making with budgets and financial analyses, and prevent bad investments from being made. The function of treasurer is a challenging one, requiring a disciplined and organized way of working, an objective view of investments and the project, and the ability to stand firm and say “no” to your enthused team for the sake of the project.

Will YOU be the next to:

          - Create budgets and safeguard them
          - Structure financial information in an understandable way
          - Guide your team members in the field of treasury
          - Create different financial scenarios per activity
          - Organize invoices and contracts
          - Say “no” to your team if necessary

Koen Smits, Chairman & Treasurer
STAR Management Week 2011

As the treasurer of the STAR Management Week, you will carry the responsibility of a budget of € 130.000,-. Starting of with making a plan for this amount of money. Budgeting for an event that will take place eight months later is a big challenge and very satisfying if it works out. All your activities depend on the other committee members. The income is generated by the commercials. This is quite exciting, because they have to bring in the money you need to divide. Then, you are responsible to allocate the money to the different events. This means making thought-through choices. E.g.: ‘Do we need an extra DJ at the STAR Party? Or do we need a commercial video to promote the event?’ One thing is for sure: Everybody will always keep asking for more money and therefore you need to be able to say ‘no’. 

Of course, I gained lots of experience in accounting. Keeping your administration structured is essential to have a good overview. The hardest part is probably to make estimations about the costs per event and adapt your budget constantly to the updates of the commercials and the changes in costs as the STAR Managmenet Week approaches. The most fun part is that you are constantly aware of all chances in every functional area of the project, because one way or another, it has always something to do with mon