Board of Trustees Treasurer

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BKS Iyengar Association of Northern California

Iyengar Institute of San Francisco

Board of Trustee Treasurer

Background & Skills

• Accounting/Finance Degree preferred
• Non-Profit Experience preferred
• Ability to communicate complex finance/accounting subjects to stakeholders (Board, Teachers, Staff, Members, Community)
• Familiar with Iyengar Yoga, ideally a practitioner

Time Commitment

Estimate: 4-8 hours or more per week depending on Ad-Hoc requests, plus 3.5 hours per month for Board Meetings and preparation.

Responsibilities

Banking

1. Bank of America Primary Contact
2. Sign checks, approve wire transfers and Zelle payments
3. Monitor bank cash balance
4. Maintain debit card issuance and cancellations
5. TransFirst Owner - Credit Card Processing Merchant

Financial Statements, Accounting, and Budgets

1. Create monthly reports to present financials to the Board in a simple, easy-to-understand format for non-accountants.
2. Maintain internal controls by reviewing QuickBooks accounting data, bank and financial statements created by the Business Manager for presentation to the Board
3. Prepare annual budget
4. QuickBooks Master Account Holder
5. MindBody Owner

Fundraising

1. Assist Executive Director in determining proper fundraising goals to successfully maintain the sustainability of the Association and Institute

Communications

1. Respond to emails pertaining to Board discussions and decisions
2. Respond to emails from Executive Director and Business Manager regarding accounting/finance discussions and decisions

Taxes & Insurance

1. Review and certify financial statements for tax return filings and CPA review purposes
2. Review and approve (along with the Board) all insurance renewal polices from Business Manager

For Reference:

IYANC By-Laws:

SECTION 6.9 DUTIES OF TREASURER

Subject to the provisions of these Bylaws relating to the "Execution of Instruments, Deposits and Funds," the Treasurer shall either perform or responsibly delegate duties to guarantee that the Corporation shall:

Have charge and custody of, and be responsible for, all such funds and securities of the Corporation, and deposit all such funds in the name of the Corporation in such banks, trust companies, or other depositories as shall be selected by the Board of Trustees.

Receive, and give receipt for, moneys due and payable to the Corporation form any source whatsoever.

Disburse, or cause to be disbursed, the funds of the Corporation as may be directed by the Board of Trustees, taking proper vouchers for such disbursements.

Keep and maintain adequate and correct accounts of the Corporation's properties and business transactions, including accounts of its assets, liabilities, receipts, disbursements, gains, and losses.

Exhibit at all reasonable times the books of account and financial records to any Trustee of the Corporation, or to his or her agent or attorney, on request therefor.

Render to the President and Trustees, whenever requested, an account of any or all of his or her transactions as Treasurer and of the financial condition of the Corporation.

Prepare, or cause to be prepared, and certify, or cause to be certified, the financial statements to be included in any required reports.

In general, perform all duties incident to the office of Treasurer and such other duties as may be required by law, by the Articles of Incorporation of the Corporation, or by these Bylaws, or which may be assigned to him or her from time to time by the Board of Trustees.