Budgeting and Finance Committee Member

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Passion for Life, Inc, is a 501C (3) non-profit organization; we are seeking financial and accounting professionals to serve on the finance committee. As a finance committee member, you will work with a collaborative team to develop and implement a comprehensive strategy to manage, maintain and document the finances and financial strategies for Passion for Life, Inc.

Estimated time commitment and meeting format

Attend monthly meetings and participation in a bi-weekly conference call.

• Participation in Passion for Life, Inc. events, taking part in at least one Passion for Life, Inc. event of program activity per quarter.
• Estimated time commitment: 5-10 hours/ month including work from home, meeting attendance and activities as needed.
• Busiest time period: work is consistent throughout the school year

Term limit: One-year commitment

You will be expected to participate in the following:

• Development: Actively contribute to financial strategy, design of goals and objectives. Specifically assisting with the development of financial history documentation, auditing, policies and procedures.

• Implementation :
• Lead and develop the overall control of the organization’s accounting/finance functions
• Prepare accurate and creative presentations and reports
• Prepare budget proposals of the organization regarding all items of expenditures
• Competently handle sensitive information and maintain confidentiality of information according to organization’s guidelines
• Develop and take responsibility for cash management policies
• Develop annual budgets which include program and organization.
• Review and assist fundraising committee with grant reports to funders and board in a timely fashion
• Ensure that the organization financial systems are robust, compliant, and support current activities and future growth.
• Establish a high level of credibility and manage strong working relationships with external parties including other committees and stakeholders

• Monitoring: Ensure continual improvement and streamlining in process to reduce time and effort for greater return. On-going individual and team capacity building in financial practices.

Skills and abilities needed to succeed as a member of the Finance Committee:

Qualifications

• Successful candidates will be motivated, self-starting and possess knowledge, skills and abilities to drive goals.
• Ability to compose reports and succinct updates for the board and stakeholders.
• Expertise in numbers and good math skills are important.
• Prior Finance experience in nonprofit environment a plus.
• Able to collect, evaluate and interpret data.
• Knowledge of the principles and practices of accounting and financial analysis.
• Sincere interest and/or related experience with finance, particularly in a nonprofit environment.
• Personal attributes of benefit to the Committee e.g. active contributor, responsible, team player, problem solver, creative thinker, organized etc.
• Time and energy to contribute as a member and volunteer to the Finance Committee and related tasks, events and activities.
• Personal commitment to productive participation.
• Excellent written and verbal communication skills.
• Comfortable working with a team and taking initiative. Demonstrated effectiveness in meetings and task forces; seen as a leader.
• Be continually aware of actions which could impact the reputation of the organization or the outcomes of the committee’s work.

If you are interested, please also apply via our application system: https://jobsp4l.has-jobs.com/0/1