Board Treasurer

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Purpose:

The treasurer, jointly with the board chair, ensures that the current records are maintained, reflecting the financial condition of Human Biology. These records would include cash, outstanding advances, investments, accounts receivable and other assets, accounts payables, and fund balances (net assets).

Responsibilities:

• Maintain knowledge of the organization and personal commitment to its goals and objectives
• Understand financial accounting for nonprofit organizations
• Serve as financial officer of the organization and as chairperson of the finance committee
• Manage with the finance committee the board’s review of and action related to the board’s financial responsibilities
• Work with the Chief Executive Officer and related finance personnel to ensure that appropriate financial reports are made available to the board on a timely basis
• Assist the Chief Executive Officer or related finance personnel in preparing the annual budget and presenting the budget to the board for approval
• Review the annual audit and answer board member’s questions about the audit

Appointed by: Membership

Length of term: Two years

Time Commitment: As required to accomplish major duties

Reporting: The treasurer reports to the board chair and to the board

Knowledge and Skills:

1. Knowledge of the organization and personal commitment to its goals and objectives
2. Understanding of financial accounting for nonprofit organizations
3. Ability to work with chief financial personnel and auditor as necessary

Budget Support: Costs of conferences and reimbursements for feed incurred in service of the board.