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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.
Organizations may elect to have both a Treasurer and a CFO, with, for example, a board member Treasurer operating supplementary to the staff member CFO. In such case, the board Treasurerâs duties and responsibilities may be more focused on broader policies and oversight. Where an organization has a Treasurer but has not designated a CFO in its bylaws, the Treasurer will be considered the CFO by operation of law.