treasurer
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treasurer
A person in an association, organization, or party who is responsible for managing finances and assets. Their tasks include bookkeeping, preparing financial reports, and monitoring the budget.
Der Schatzmeister des Sportvereins hat auf der Mitgliederversammlung den Kassenbericht vorgestellt.
The treasurer of the sports club presented the financial report at the members' meeting.
This word is made up of 'Schatz' (treasure) and 'Meister' (master). Figuratively, it describes the person who is the 'Meister über den Schatz' (master of the treasure), meaning the finances, of an organization.
Als neuer Schatzmeister ist er für die Vereinskasse verantwortlich.
As the new treasurer, he is responsible for the club funds.
The word belongs to the word family of 'Meister' (master). As with other professions or roles ending in '-meister' (e.g. Bürgermeister, mayor), the feminine form is formed by adding '-in': 'die Schatzmeisterin' (the female treasurer).
Auf der nächsten Sitzung wird eine neue Schatzmeisterin gewählt.
A new treasurer will be elected at the next meeting.
The role of treasurer exists almost exclusively in clubs, parties, or other volunteer organizations. In companies, people instead speak of chief financial officers or controllers.
Jeder Sportverein braucht einen Schatzmeister, der die Finanzen im Blick behält.
Every sports club needs a treasurer who keeps an eye on the finances.
finance minister
'der Finanzminister' and 'der Schatzmeister' both have to do with money and budgets. The difference is mainly the area they work in: a finance minister works in a government and is responsible for the finances of a state or federal state. A treasurer, by contrast, manages the money of an association, organization, or political party. The words can be confused because both people talk about income, expenses, and plans for money. For politics and government, 'Finanzminister' fits; for associations and organizations, 'Schatzmeister' fits.
Nach der Versammlung prüft der Schatzmeister die Rechnungen des Sportvereins.
After the meeting, the treasurer checks the sports club's invoices.
Der Finanzminister erklärt im Parlament den neuen Haushalt.
The finance minister explains the new budget in parliament.