Finance - School Board

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Finance
Board Term: Three years

Application can be found here: https://www.arcoirisschool.org/apps/pages/boardpositions

• Financial knowledge of the organization.
• Personal commitment to devote the time necessary to ultimately perform the responsibilities of Finance and provide assistance to Treasurer.
• Understanding of financial accounting for nonprofit organizations.

• 3.2 - Mission Statement. The mission of Arco Iris is to offer a solid education that includes Spanish immersion and a rigorous mathematical curriculum that will prepare students to be responsible citizens and lifelong learners
• with strong values.
• 3.3 - Goals. The goals of Arco Iris are to prepare students to attain high academic achievement in Spanish and English; build the skills and knowledge that students will need to be successful in their future mathematics classes; and become bilingual, bi-literate, and multi-culturally competent leaders.
• 3.4 - Philosophy. The philosophy of Arco Iris is to provide an academically challenging, content-rich curriculum that holds high expectations for all students, including becoming fluent and literate in Spanish in addition to English; to develop strong, critical-thinking skills in all students; to provide a safe environment where all students are known, respected, and valued as individuals of great potential; and to establish a community that models and encourages character development, respect for diversity, and a sense of responsibility towards the community.

• Arco Iris' governance model delegates authority and responsibility for day-to-day operations to the School administrator. The Board sets clear operation and educational goals by which the performance of the School administrator and the school will be measured.
• The Arco Iris Board maintains appropriate oversight, responsibility, and management of all initiatives of Arco Iris especially mission and program monitoring, reporting, fiduciary, and strategic planning.

• Help set the vision for the school and manages to that vision.
• Help fundraise for the school and support school events.
• Provide support to the school administrator, supplier/contractor, or other school board members based on current needs.
• Provide documentation and feedback to fellow board members; when appropriate, provide recommendations and considerations.
• Participate in regular performance evaluations of school administrator.

• Coordinates annual audit with finance manager and preparation of annual tax returns by outside CPA firm.
• In charge of bank accounts with USNB, including signer on the accounts.
• Manages debit cards and credit cards issued in the Corporation’s name.
• Reviews monthly bank statements and payroll.
• Serves as member of the Finance Committee.

• Chairs Finance Committee.
• Works with finance manager & PTO to coordinate fundraising budgets.

• Manages, with the Finance Committee, the Board’s review of, and action related to, the Board’s financial responsibilities.
• Works with the school School administrator and finance manager to ensure that appropriate financial reports are made available to the Board & Beaverton School District on a timely basis.
• Works with the Finance Committee and the school School administrator to develop Fiscal Policies for recommendation to the Board to ensure the financial integrity and sustainability of the organization.
• Works with the Finance Committee and school School administrator to develop long-term financial strategies.
• Keep currently informed of legal, regulatory and sector developments relating to the Board’s financial responsibilities.
• Assists the School administrator and financial manager in preparing the annual budget, and presenting the budget to the Board for approval.

• Preparing for and attending monthly Arco Iris board meetings.
• Attending other Arco Iris board meetings (e.g. special meetings, executive sessions), as needed and requested by the Board Chair.
• Participate in fundraising, with a financial contribution, auction attendance.
• Attending school functions: winter program, spring performance, science fair, annual auction.
• Complete board training and development during the first year of term and any additional trainings as requested.
• Participation on Arco Iris board committees.
• Assisting in establishing, implementing, and maintaining the original mission, vision, and philosophy of the school.
• Commit to 4-25 hours per month to the work of the Board/organization (hours depend on projects and needs).