BOARD TREASURE

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The Treasurer typically acts as an information and reference point for the Chair and other committee members: clarifying financial implications of proposals; confirming legal requirements, outlining the current financial status, and retrieving relevant documentation.

Key Responsibilities:

1. Knowledge - Thorough understanding of the financial reports. It helps to have some financial background, which may require some supplemental training in nonprofit financial terminology and requirements.

2. Communications - Able to translate financial information and financial concepts for the board. The treasurer doesn’t necessarily have to present the financial reports at board meetings, but they may need to help to explain and re-frame until everyone understands the reports. It’s also the treasurer’s role to interpret and translate the board’s questions, goals, or concerns about the financial information or financial situation to the staff.

3. Planning - Partner with the staff leadership to develop a useful budget. The treasurer can bring great value in preparing for budget discussions and conveying budget information to the board. Budgets are the financial version of an annual or strategic plan and the treasurer is in the best position to make sure that budget priorities and decisions reflect the intentions and objectives of the board.

4. Strategy - Great treasurers go beyond annual budgets, audits, and financial reports to bring financial leadership to the organization. Great treasurers look down the road to find the financial options and decisions needed for longer term goals and initiate discussions to connect finance and mission.

   Qualifications:

1. Education: Bachelors in Accounting.

2. Would like a CPA or person with strong background in non-profit accounting

3. Experience in Non-Profit Account preferred.

4. Access to computer.

5. Three reference from previous positions at non-profit organizations

6. Financial knowledge of the organization.

7. Personal commitment to devote the time necessary to perform the responsibilities of Treasurer.

8. Understanding of financial accounting for nonprofit organizations.