Job Description
The Business Continuity Chief must be aware of the organization’s cash needs and insurance coverage, maintain vital business records and oversee important financial and operational matters.
When a disaster strikes, the main functions include:
- Staying current with the organization’s financial obligations.
- Approving funds for purchases.
- Holding meetings with the IT and Human Resources Team Leaders.
- Compiling documentation necessary for after-disaster funding.
- Shutting down the main business office if needed.
Qualifications may include:
- Strong financial and accounting skills.
- Strong computer skills.
- Close relationship with IT manager and finance and administrative staff.
- Knowledge of the organization’s financial systems and controls.
A staff member to fill this role may be:
- Chief Financial Officer, Director of Operations, Deputy Director, Director of Finance or Senior Accountant.
During the planning phase, the Business Continuity Chief should:
- Review the Insurance Coverage Guide and Insurance Coverage Worksheet, being sure to meet with insurance agents to ask important questions and verify coverage.
- Compile and store vital business records using the Vital Records Guide and Vital Records Worksheet.
- Review the Payment Card Guide and Payment Card Worksheet. Determine which staff will have access to payment cards for disaster-related purchases.
- Review and customize the Vendor-Partner Contact List, Office Shutdown Checklist.
