What are the responsibilities and job description for the Treasurer position at Non-Profit Organization?
The Treasurer for Rebuild A Youth (R.A.Y.) plays a vital role in overseeing the financial health and sustainability of the organization. This individual will manage financial records, ensure compliance with funding requirements, and provide financial guidance to support the organization's mission of empowering at-risk youth.
Key Responsibilities:
1. Financial Oversight & Reporting
Maintain accurate financial records, including income, expenses, and budgets.
Prepare and present financial reports to the Board of Directors quarterly.
Ensure compliance with financial policies and nonprofit regulations.
2. Budgeting & Fund Management
Develop annual budgets and monitor financial performance.
Oversee cash flow and ensure funds are allocated effectively to R.A.Y.'s programs.
Work with fundraising teams to track donations and sponsorships.
3. Fundraising & Grant Compliance
Assist in securing and managing grants, ensuring funds are used as intended.
Provide financial documentation and reports for grant compliance.
Collaborate with the fundraising team to set financial goals and track progress.
4. Banking & Transactions
Manage organizational bank accounts and oversee transactions.
Approve expenditures and ensure proper documentation of all financial activities.
Maintain transparency in all financial dealings.
5. Audit & Tax Compliance
Ensure tax filings and financial reports are completed accurately and on time.
Assist in financial audits and ensure compliance with legal and ethical standards.
Maintain proper documentation for financial accountability.
Qualifications & Skills:
Bachelor's degree in Accounting, Finance, Business Administration, or a related field (preferred).
Experience in nonprofit financial management is a plus.
Strong analytical and problem-solving skills.
Proficiency in financial software and spreadsheets (QuickBooks, Excel, etc.).
Strong organizational and time-management skills.
Passion for youth empowerment and the mission of R.A.Y.
Commitment & Expectations:
Attend board meetings (monthly or quarterly).
Provide financial reports and updates to leadership.
Maintain confidentiality and integrity in financial matters.
Estimated time commitment: 5-10 hours per month.
Key Responsibilities:
1. Financial Oversight & Reporting
Maintain accurate financial records, including income, expenses, and budgets.
Prepare and present financial reports to the Board of Directors quarterly.
Ensure compliance with financial policies and nonprofit regulations.
2. Budgeting & Fund Management
Develop annual budgets and monitor financial performance.
Oversee cash flow and ensure funds are allocated effectively to R.A.Y.'s programs.
Work with fundraising teams to track donations and sponsorships.
3. Fundraising & Grant Compliance
Assist in securing and managing grants, ensuring funds are used as intended.
Provide financial documentation and reports for grant compliance.
Collaborate with the fundraising team to set financial goals and track progress.
4. Banking & Transactions
Manage organizational bank accounts and oversee transactions.
Approve expenditures and ensure proper documentation of all financial activities.
Maintain transparency in all financial dealings.
5. Audit & Tax Compliance
Ensure tax filings and financial reports are completed accurately and on time.
Assist in financial audits and ensure compliance with legal and ethical standards.
Maintain proper documentation for financial accountability.
Qualifications & Skills:
Bachelor's degree in Accounting, Finance, Business Administration, or a related field (preferred).
Experience in nonprofit financial management is a plus.
Strong analytical and problem-solving skills.
Proficiency in financial software and spreadsheets (QuickBooks, Excel, etc.).
Strong organizational and time-management skills.
Passion for youth empowerment and the mission of R.A.Y.
Commitment & Expectations:
Attend board meetings (monthly or quarterly).
Provide financial reports and updates to leadership.
Maintain confidentiality and integrity in financial matters.
Estimated time commitment: 5-10 hours per month.
