Volunteer Posting 1585

Treasurer
ROCK Reach Out Centre for Kids
Halton / Peel area
flexible / as needed
closes in 41 days (Fri, 31 May)

SCOPE OF THE POSITION

 

Reporting to the Board Chair, the Treasurer is responsible for the oversight of ROCK’s financial operations including but not limited to: monitoring of budgets, proper recording of agency transactions, appropriate controls and audits, investment of funds, adequate staffing within Finance team and compliance with all fiscal and government regulations.

 

The Treasurer has the responsibility to ensure that sound fiscal policies are created, published and followed under the authority granted by the Board of Directors and Finance Committee of the Board of Directors and the CEO.

 

SPECIFIC POSITION RESPONSIBILITIES

 

  • Overseeing the organization’s finances, including budgeting, financial planning, and ensuring that the organization operates within its’ budgetary constraints.
  • Presenting financial reports, prepared by the VP Finance, to the Board of Directors and other stakeholders including the organization’s income and expenses, assets and liabilities, and other financial performance indicators.
  • Reviewing internal control’s structure established by the VP Finance to safeguard the organization’s assets and prevent fraud or misuse of funds.
  • Ensures that the non-profit is compliant with all relevant financial and accounting regulations, as well as legal requirements or reporting obligations specific to charitable organizations.
  • Provides oversight on the organization’s bank accounts and decision-making related to investments, subject to the organization’s investment policy.
  • Collaborates with other Board Members to develop long-term financial strategies that align with the organization’s mission and goals.
  • Provides oversight on the organization’s annual audits or financial reviews to ensure the accuracy and transparency of the organization’s financial statements.
  • Spearheading budget discussions during Board meetings.
  • Assessing the organization’s funding model and responsibility for investing its’ reserve funds.
  • Advancing the financial literacy of board members.
  • Lead Board Finance Committee and serve on other committees or task forces and offer to take on special assignments, as required.
  • Attend all Board and committee meetings and functions, such as special events.
  • Be informed about the organization's mission, vision, services, policies, and strategic plan.
  • Review agenda and supporting materials prior to Board and committee meetings.

REQUIRED SKILLS/QUALIFICATIONS

  • An accounting designation (CPA) and extensive work experience in Accounting or Finance.
  • Prior experience working with nonprofits or a good understanding of the non-profit sector is valuable.
  • Strong sense of integrity, ethics, and a commitment to transparency and accountability.
  • Extensive professional experience with significant leadership accomplishments in business, government, philanthropy, or the non-profit sector.

BOARD MEMBERSHIP TERMS

  • Service on ROCK’s Board of Directors is without remuneration, except for administrative support, travel, and accommodation costs in relation to Board Members’ duties.
  • ROCK’s Board Members shall hold office for an initial term of three years, with annual renewal of service in subsequent years by mutual agreement of the Member and the full Board with input from the CEO.

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