Treasurer

Financial Oversight: 

• Provide financial leadership to the board, offering insights on the organization's financial health, risks, and opportunities. 

• Collaborate with the finance committee to develop and review financial policies and procedures. 

 

Budget Management: 

• Work with the executive director and finance committee to develop an annual budget aligned with the organization's strategic goals. 

• Monitor and report on budget variances, providing explanations and recommendations as needed. 

 

Financial Reporting: 

• Prepare and present regular financial reports to the board, highlighting key financial metrics, cash flow, and financial performance. 

• Ensure that financial reports are clear, accurate, and accessible to board members. 

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Financial Planning and Forecasting: 

• Work with the finance committee to develop long-term financial plans and forecasts that align with the organization's strategic objectives. 

• Provide financial input into strategic decision-making processes. 

 

Cash Management: 

• Oversee the organization's cash flow and ensure that sufficient funds are available to meet operational needs. 

• Monitor banking activities and maintain relationships with financial institutions. 

 

Financial Compliance: 

• Ensure compliance with all relevant financial laws, regulations, and reporting requirements. 

• Coordinate audits or financial reviews as required and implement audit recommendations. 

 

Investment Oversight: 

• Work with the finance committee and, if applicable, investment advisors to manage the organization's investments responsibly. 

• Develop and implement investment policies in line with the organization's goals and risk tolerance. 

 

Fundraising Support: 

• Collaborate with the development or fundraising committee to align financial strategies with fundraising goals. 

• Provide financial insights into fundraising campaigns, grant applications, and donor relations. 

 

Financial Training and Education: 

• Educate board members on financial matters, ensuring that all members have a basic understanding of financial statements and organizational finances. 

• Facilitate financial literacy training for board members as needed. 

 

Collaboration with the Executive Director: 

• Work closely with the executive director to align financial strategies with the organization's operational plans. 

• Support the executive director in presenting financial information to external stakeholders. 

 

Qualifications: 

• Financial Expertise: Strong financial acumen with experience in financial management, budgeting, and financial reporting. 

• Analytical Skills: Ability to analyze financial data, identify trends, and make strategic recommendations. 

• Communication Skills: Excellent communication skills, with the ability to convey financial information to individuals with varying levels of financial literacy. 

• Integrity: Demonstrated integrity and a commitment to ethical financial practices. 

• Team Collaboration: Ability to work collaboratively with other board members, staff, and external stakeholders. 

• Knowledge of the Nonprofit Sector: Familiarity with nonprofit financial management, tax regulations, and compliance requirements. 

• Time Commitment: Willingness to commit the time necessary to fulfill the responsibilities of the role. 

• Commitment: A commitment to the mission and values of LeftRight 4 U Foundation.