Board Member - Financial Acumen Position

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Roles and Responsibilities:

• Spearhead the preparation of the annual budget and its presentation to the board for review.
• Prepare the financial dashboard and oversee a quarterly financial review by the Board.
• Facilitate board conversations regarding the organization’s financial performance. Provide leadership on financial projections, options, and problem-solving.
• Annually, review financial records, tax filings, and remittances to ensure the organization’s records are accurate and up-to-date.
• Verify that donations are handled appropriately.
• In partnership with the Executive Director, keep the board informed of important financial events, trends, and issues relevant to the organization.
• Oversee the development of high-level financial policies and their review by the board.

Required Skill Set:

• A fundamental understanding of, and experience with, good financial management and reporting practices.
• Experience working with a non-profit organization
• Ability to understand balance sheets and P&L statements.
• Be a hands-on individual that takes charge and executes tasks with minimal supervision.
• Ability to translate financial concepts and information for board members who do not have financial backgrounds or substantial financial experience.
• Ability to determine the cost to maintain and conduct the current slate of individual SYI programs.
• Ability to determine the cost to create and develop new programs.

Additional Preferred Qualifications:

• Undergraduate degree with a Finance or Accounting major or minor.
• Experience in accounting and financial analysis.