Board Treasurer

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We are seeking a knowledgeable board treasurer to oversee the finances of our organization. He/she will be accountable to the Board for fulfilling the duties and responsibilities outlined below.

The treasurer will guide the Executive Director in ensuring good fiscal planning, decision-making, and oversight at a governance level. His/her principal duties are to:
* Oversee the development of high-level financial policies and their review by the board
* Assist in the preparation of the annual budget and its presentation to the board for review
* Ensure that the appropriate monthly or quarterly financial statements are reviewed by the board
* Ensure that the board regularly monitors the organization’s financial performance and alerts it to any important discrepancies between planned and actual figures
* Ensure that the organization maintains the appropriate financial books and records and that these are accurate and up-to-date
* Ensure that government tax filings and remittances are submitted on a timely basis
* Verify that donations are handled appropriately and that grants and service delivery contracts are accounted for in accordance with the requirements of funders

• Meet with the external auditor annually, or more often if needed, to identify any financial control and record-keeping problems or deficiencies and oversee action by the Executive Director
• Recommend to the board the need for a review or renewal of the auditing services provided
• Assists the Executive Director with the development and presentation of the annual report
• Present or co-present the organization’s financial report and recommend appointment or reappointment of auditor at the Annual General Meeting
• Helps, along with the Executive Director, keep the board informed of important financial events, trends, and issues relevant to the organization
• Oversee the fundraising and development committee
  
  As a member of the board, you are required to:
• Make a personal financial contribution to the organization
• Keep up-to-date on developments in the organization
• Follow conflict-of-interest and confidentiality policies.
• Assist the board in carrying out its fiduciary responsibilities, such as reviewing the organization's annual financial statements
• Commitment to the organization’s mission and strategic directions

Qualifications:

• An understanding of and experience with good financial management and reporting practices
• A professional accounting designation (not a requirement, but is nice to have)
• * An appreciation of the kind and level of financial information needed at a board level to support decision-making
• * An ability to commit the time required to fulfill the responsibilities described

Time Commitment:
Ten hours per month or as available (board meetings, meetings with the Executive Director, committee meetings, finances duties)

Term of Office: One Year