Volunteer Treasurer

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The volunteer treasurer oversees the financial health and integrity of the organization, ensuring proper financial management, compliance with regulations, and accurate reporting. This role requires a commitment to AAC’s mission and collaboration with our international board of directors, vendors, contractors and other stakeholders.

Responsibilities include:

Financial Management

• Work with bookkeeper in maintenance of accurate and up-to-date financial records, including income, expenses, and assets.
• Prepare monthly, quarterly, and annual financial reports for the board of directors.
• Monitor the organization’s cash flow and recommend strategies to maintain financial stability.

Budgeting and Planning

• Assist in developing the annual budget with input from ED, staff and board members.
• Track actual performance against the budget and provide regular updates to the board.

Compliance and Reporting

• Ensure compliance with all financial, tax, and legal reporting requirements.
• Work with bookkeeper and tax preparers to file tax documents (e.g., IRS Form 990).
• Ensure adherence to internal controls and financial policies.

Banking and Fund Management

• Manage the organization’s bank accounts and ensure proper reconciliation.
• Approve or co-sign checks and authorize payments as per policy.
• Oversee investments (if applicable) and advise on financial risks.

Board Support

• Present financial information in a clear, understandable format at board meetings.
• Provide financial guidance to help the board make informed decisions.
• Support fundraising efforts by ensuring proper accounting for donations and grants.

Collaboration

• Work closely with contract bookkeepers who manage day-to-day bookkeeping.
• Coordinate with auditors, accountants, or financial consultants as needed.
• Act as a point of contact for donors and funding agencies on financial matters.