Treasurer

Responsibilities:

Financial Oversight & Governance

• Maintain overall responsibility for the financial health of the organization.
• Ensure financial policies, procedures, and controls align with legal and ethical standards.
• Advise the Board on financial planning, risk management, and long-term sustainability.

Budgeting & Financial Planning

• Lead the preparation of the annual budget in collaboration with the finance team and executive leadership.
• Monitor budget performance and provide recommendations for adjustments.
• Ensure alignment of financial strategies with the organization's mission and goals.

Financial Reporting & Compliance

• Oversee the preparation of accurate and timely financial statements.
• Present financial reports to the Board, ensuring clarity and transparency.
• Ensure compliance with non-profit financial regulations, tax filings, and reporting requirements.
• Support external and internal audits, ensuring proper documentation and adherence to regulations.

Fund Management & Fundraising Support

• Monitor cash flow, investments, and reserves to maintain financial stability.
• Oversee the management of grants, donor funds, and restricted funding in compliance with agreements.
• Collaborate with the fundraising team to ensure proper financial tracking of donations and sponsorships.

Risk Management & Internal Controls

• Identify and mitigate financial risks through effective policies and procedures.
• Implement internal controls to safeguard the organization's assets and prevent fraud.
• Ensure proper financial record-keeping and document retention.

Requirementls:

• Strong knowledge of non-profit financial management and accounting principles (GAAP/IFRS).
• Proficiency in financial planning, budgeting, and cash flow management.
• Experience with non-profit tax compliance and reporting requirements.
• Familiarity with grant management and donor fund tracking.
• Proficiency in accounting software (e.g., QuickBooks, Xero) and Excel.

Soft Skills:

• High ethical standards and commitment to financial transparency.
• Strong analytical and problem-solving abilities.
• Excellent communication and presentation skills.
• Leadership and the ability to collaborate with diverse stakeholders.
• Strategic thinking and decision-making skills.
• Bachelor’s degree in Accounting, Finance, Economics, or related field (Master’s preferred).
• CPA, CFA, or equivalent financial certification is an advantage.
• Minimum 5 to 7 years experience in financial management, preferably in a non-profit organization.
• Prior experience serving on a board or finance committee is a plus.

Key Performance Indicators (KPIs)

Financial Oversight & Governance

• Regular financial reports are submitted and reviewed by the board.
  
• Compliance with all legal and ethical financial standards.

Budgeting & Financial Planning

• Budget developed and approved on time.
• Variance between budgeted and actual spending maintained within acceptable limits.

Financial Reporting & Compliance

• Financial reports prepared and presented on schedule.
• Compliance with all tax, regulatory, and donor reporting requirements.

Fund Management & Fundraising Support

• Effective tracking and reporting of grants and donor funds.
• Sufficient reserves are maintained to support operations.

Risk Management & Internal Controls

• Implementation of robust internal financial controls.
• No significant financial irregularities or losses.