Treasurer

As an officer of the board, a non-profit treasurer is responsible for overseeing all aspects

of an organization’s finances. Not only do they manage and monitor the nonprofit's

financial condition, but they also keep its board of directors up to speed on all things

financial so they can make better decisions.

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The treasurer will oversee the financial matters of the charity in line with good practice

and in accordance with the governing documents and legal requirements and report to

the board of directors at regular intervals about the financial health of the organization.

The treasurer will ensure that effective financial measures, controls and procedures are

put into place, and are appropriate for the non-profit. All directors are jointly and

severally responsible, and therefore liable, for the administration of the non-profit.

 

Authority

● Will have cheque signing authority.

● Over how expenses are reimbursed, handling of small cash expenses and when

applicable the organization's credit card.

 

Accountability

The treasurer will oversee the financial matters of the non-profit in line with good

practice and in accordance with the governing document and legal requirements, and

report to the board of directors at regular intervals about the financial health of the

organization.

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Estimated Time Commitment

2 - 5 hours per month plus fundraisers and one AGM meeting a year.

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Term of Office

Two years with the possibility of renewal for the second term.

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General Duties and Responsibilities:

The treasurer is responsible for doing, or making the necessary arrangements for, the

following:

• Receiving and banking monies collected from the members or other sources.

• Keeping accounting records in respect of the Foundation's financial transactions.

• Preparing the Foundation's financial statements.

• Making the Foundation's filings respecting taxes.

• Organizing the opening of the bank account.

• Reconciles bank accounts and produces financial statements, which they present at board meetings

• Oversee, and present budget, accounts, management accounts and financial

• statements to the board of directors. Work with Directors including the Executive Director to create an overall budget and financial projection model.

• Advise the board on the financial strategy on fundraising.

• Keep accurate bookkeeping records and decide on accounting software.

• Ensure that the appropriate monthly and quarterly financial statements are reviewed by the board.

• Verify that donations are handled appropriately and that grants and service delivery contracts are accounted for in accordance with the requirements of the funders. (with Executive Director)

• Act as a counter-signatory on non-profit’s cheques and any applications for funds.

• Present or co-present the organization’s financial report and recommend appointment or reappointment of auditor at Annual General Meeting.

• Ensure the financial components of the T3010B Information Return are completed in an accurate and timely manner. (with Executive Director)

• Be aware of CRA policies/regulator requirements with respect to financial compliance.

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Interested in this position? 

​To apply, please submit to info@amazingkidsfoundation.org stating this position in the subject line and include the experience you feel you could add to the Amazing Kids Foundation Board.

We would love to see a resume and references but this is optional.

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The initial term is two years until November 2028. If this time commitment is too long please consider volunteering as we have many ideas and projects with which we want to move forward with.

Amazing Kids Foundation welcomes applications from all qualified candidates. 

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All applicants will be contacted after our review.​​​​