Treasurer - Nonprofit Board Member

Position Summary

The Treasurer serves as the board's lead financial steward, ensuring the organization remains financially healthy, transparent, and compliant. Because the nonprofit contracts a separate bookkeeper, the Treasurer's role centers on oversight, review, strategic guidance, and financial reporting, not daily data entry or transaction processing.

Key Responsibilities

• Financial Oversight - Provide highlevel review of the organization's financial position, ensuring accuracy, transparency, and alignment with boardapproved budgets.


• Budget Leadership - Lead the annual budgeting process in collaboration with the Executive; present the proposed budget to the board for approval.


• Board Reporting - Present clear, comprehensible financial reports at board meetings, highlighting trends, risks, and variances.


• Bookkeeper Oversight - Review monthly financial statements prepared by the bookkeeper; ensure proper categorization, reconciliations, and adherence to accounting policies.


• Internal Controls - Ensure appropriate financial controls are in place, including segregation of duties, approval processes, and safeguarding of assets.


• Compliance Monitoring - Oversee compliance with federal and provincial reporting requirements, including annual filings, and nonprofit returns.


• External Financial Reviewer Coordination - Serve as the primary board contact for external financial reviewers; ensure timely completion of required reviews.


• Policy Development - Lead creation or updates of financial policies (e.g., expense reimbursement, reserve policy, investment policy).


• Strategic Financial Guidance - Advise the board on longterm financial planning, sustainability, and risk management.


• Banking & Signing Authority - Maintain oversight of banking relationships; serve as an authorized signing officer as defined by board policy.

Qualifications

• Financial literacy and comfort reading financial statements


• Experience in budgeting, financial oversight, or accounting


• Understanding of nonprofit governance and fiduciary duties


• Ability to communicate financial information clearly to a diverse board


• Integrity, sound judgment, and commitment to the mission

Time Commitment

• Attend regular board meetings (every second month)


• Review monthly financial statements


• Lead annual budget cycle and yearend review


• Estimated 3-6 hours per month.

As listed above

Experience with a small board

• Online Application Form Below
• Email: timevansmassage@gmail.com (Include Opportunity ID)