Board Treasurer - Volunteer Position
1 day left
- Employer
- Reach Out Centre for Kids
- Location
- Burlington, Ontario
- Salary
- Volunteer Position
- Posted
- September 6, 2024
- Closes
- October 6, 2024
- Job Sectors
- Healthcare, Not for Profit
- Job Type
- Volunteer
- CPA status
- CPA Member
About YOU
You are passionate about enhancing the lives of and relationships of children, youth and families. Driven and dedicated, you view your work as more than just a job, taking personal ownership and responsibility for achieving objectives on time. Your enthusiasm for helping others and your relentless commitment to making a difference make you a perfect fit for our team. Your dedication to ongoing professional development makes you excited to be part of an organization that encourages you to grow.
About ROCK
ROCK (Reach Out Centre for Kids) is recognized as the number one non-profit employer of choice, leading the way in providing mental health services to children, youth, and families in the Halton region. We are an accredited organization with exemplary standings from Accreditation Canada, reflecting our commitment to high-quality care. Our dynamic and collaborative team is dedicated to achieving our mission and vision, fostering a positive and inclusive environment that mirrors the diversity of the community we serve. At ROCK, we offer various professional development opportunities, company events, and a supportive culture that encourages innovation and growth.
Why ROCK
Volunteering to join a board as a treasurer can be a rewarding and impactful experience.
- Passion for the Mission: Contribute to the cause you care deeply about. Serving as a treasurer allows you to support the organization’s mission by ensuring its financial health and sustainability.
- Skill Utilization and Growth: If you have a background in finance, accounting, or budgeting, this role lets you use and expand your expertise. It's a great way to apply your skills in a meaningful way and gain experience in non-profit financial management.
- Leadership and Influence: As a treasurer, you play a critical role in shaping the organization’s financial strategies and decisions. It’s an opportunity to exercise leadership and influence the agency’s direction.
- Networking and Community Engagement: By joining the board you will be connecting with like-minded individuals and professionals.
- Personal Fulfillment: Volunteering is personally fulfilling. Contributing to a cause and seeing the positive impact of your efforts will be/can be incredibly rewarding.
- Learning Opportunities: This can provide insights into non-profit operations, financial planning, and governance. It’s a chance to learn more about how agency runs and how strategic financial decisions are made, showcasing your commitment to community service and your ability to handle financial responsibilities.
- Giving Back: If you’ve benefited from similar organizations or community services, this is a way to give back and support others in need.
Overall, volunteering as a treasurer is a significant commitment, but it offers the chance to make a substantial impact while growing personally and professionally.
The ROLE
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
- 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
- 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 require
- 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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