Eastside Meals on Wheels Board Treasurer (Volunteer)

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The board meets every other month on the second Weds from 6-8 pm

BOARD TREASURER JOB DESCRIPTION

Purpose: To oversee all financial aspects of the Eastside Meals on Wheels program to ensure adequate cash flow for continuous operation.

IX Treasurer Responsibilities

The Treasurer is responsible for ensuring that all financial accounts have current signatories recorded with financial institutions at all times. Treasurer is required to take necessary steps to add or remove their own and other signatories from accounts as needed. Treasurer is responsible for carrying out Board-approved financial decisions and enforcing and monitoring financial policies. The treasurer is also required to give a quarterly financial report to the Board.

The Treasurer is elected at the annual meeting of EMOW to hold office for a two-year term, or until a successor is elected and qualified, and is eligible for re-election for one additional consecutive two-year term.

Reports to: Board of Directors

Responsibilities:

• Serves as Chair of the Finance Committee.
• Manages, with the Finance Committee, the Board’s review of, and action related to, the Board’s financial responsibilities.
• Works with the Executive Director and bookkeeper to ensure that appropriate financial reports are made available to the Board on a timely basis.
• Oversee Bookkeeper activity.
• Initiate preparation of the annual budget.
• Assists the Executive Director and bookkeeper in preparing the annual budget, and presenting the budget to the Board for approval.
• Works with the Finance Committee and the Executive Director 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 the Executive Director to develop long-term financial strategies.
• Keeps currently informed of legal, regulatory and sector developments relating to the Board’s financial responsibilities.
• Attend all Finance Committee and Board Meetings and be prepared to give an up-to-date financial report.
• Oversee financial records, including all contributions received, monies from sale of meals, fundraising, grants, and donations.
• Authorized to sign checks and legal documents.
• Review performance of investments annually or more often as needed.
• Recommend investment changes as appropriate to reflect the organization’s financial objectives.
• Ensure that a year-end financial report is prepared and presented to the board.

Qualifications:

• Educational background in business or finance with degree preferred.
• Experience managing finances for a business or organization.
• Knowledge of federal funding as it applies to nonprofits is beneficial.
• Financial knowledge of the organization.
• Personal commitment to devote the time necessary to perform the responsibilities of Treasurer.