Volunteer Non Profit Board Treasurer

South Fish Creek Recreational Association (SFCRA); Calgary; Hybrid; CAD 50,000 - 80,000; Full time

Job summary

The Treasurer for South Fish Creek Recreational Association is an essential leadership role focused on maintaining financial health and stability. Responsibilities include overseeing financial reporting, compliance with regulations, and engaging with the Board of Directors. Candidates should possess strong financial management experience and a commitment to the organization's mission.

Qualifications

• Proven experience in financial management, accounting, or related field.
• Strong understanding of financial and accounting principles.
• Familiarity with non-profit financial policies and fiduciary responsibilities.

Responsibilities

• Oversee financial operations of the SFCRA Finance team.
• Collaborate on annual operating and capital budgets.
• Ensure compliance with financial regulations.

Skills

Financial management

Accounting principles

Analytical skills

Communication skills

Organizational skills

Education

Experience in financial management or accounting

Job description

Position Overview:

The Treasurer is a key member of the Board of Directors and one of the four Officers of the Board’s Executive Committee. This role is responsible for overseeing the financial health of the organization. The Treasurer ensures the Board receives accurate and timely financial reports and helps develop and implement financial policies, procedures, and decisions. Working closely with the SFCRA Controller /Manager of Finance, the Treasurer leads the Finance Committee and supports the organization in achieving its financial goals and maintaining financial stability.

Key Responsibilities:

Authorized Signatory:

• Act as an authorized signatory for cheques and other important documents related to SFCRA and The Bench YYC Restaurant.

Financial Oversight and Reporting:

• Oversee the financial operations of the SFCRA Finance team, ensuring accurate, timely, and complete financial records.
• Present financial summaries and updates to the Board of Directors at each quarterly meeting.
• Ensure proper financial systems and controls are in place.
• Call and chair Finance Committee meetings quarterly, or more often as needed.
• Provide a summary of revenues and expenditures at each quarterly meeting.

Budgeting and Financial Planning:

• Collaborate with the SFCRA General Manager, Controller, and Finance Committee to review and present the annual operating and capital budgets.
• Work with the General Manager and Controller to ensure sufficient financial reserves are in place for external obligations and long-term capital commitments.
• Monitor the budget and report any significant variances to the Board.
• Assist in the development and implementation of long-term financial strategies.

Compliance and Risk Management:

• Ensure the organization complies with all relevant financial regulations and laws governing non-profits.
• Ensure the organization has a proper financial risk management approach in place.
• Act as a signatory for cheques and other important documents related to SFCRA and The Bench YYC Restaurant.
• Serve as the main contact for investment decisions.

Role Description: TREASURER (cont’d)

Audit and Financial Reviews:

• Participate in the annual audit with the SFCRA Finance team and external auditors.
• Review and provide feedback on the audit before signing it on behalf of the Finance Committee.
• Ensure the organization addresses any audit findings.
• Review and recommend policies to promote financial transparency and accountability.

Board Engagement:

• Act as the primary liaison between the Board and the SFCRA Controller and Finance team.
• Educate and inform Board members about financial matters, ensuring they have the knowledge to make informed decisions.
• Serve as the point of contact for CRA and AGLC regarding casinos (in coordination with the General Manager).

Qualifications:

• Proven experience in financial management, accounting, or a related field (non-profit experience preferred).
• Strong understanding of financial and accounting principles.
• Familiarity with non-profit financial policies and fiduciary responsibilities.
• Excellent analytical, communication, and organizational skills.
• Commitment to the mission and goals of the organization.

SFCRA Finance Department Responsibilities:

The SFCRA Finance Department will inform the Treasurer of all tax filings, ensure compliance, and ensure all bills are paid. They will report these matters to the Treasurer.

Term of Office:

The Treasurer is elected for a one-year term and may be re-elected for up to three consecutive two year terms.

Position Overview:

The Treasurer is a key member of the Board of Directors and one of the four Officers of the Board’s Executive Committee. This role is responsible for overseeing the financial health of the organization. The Treasurer ensures the Board receives accurate and timely financial reports and helps develop and implement financial policies, procedures, and decisions. Working closely with the SFCRA Controller /Manager of Finance, the Treasurer leads the Finance Committee and supports the organization in achieving its financial goals and maintaining financial stability.

Key Responsibilities:

Authorized Signatory:

• Act as an authorized signatory for cheques and other important documents related to SFCRA and The Bench YYC Restaurant.

Financial Oversight and Reporting:

• Oversee the financial operations of the SFCRA Finance team, ensuring accurate, timely, and complete financial records.
• Present financial summaries and updates to the Board of Directors at each quarterly meeting.
• Ensure proper financial systems and controls are in place.
• Call and chair Finance Committee meetings quarterly, or more often as needed.
• Provide a summary of revenues and expenditures at each quarterly meeting.

Budgeting and Financial Planning:

• Collaborate with the SFCRA General Manager, Controller, and Finance Committee to review and present the annual operating and capital budgets.
• Work with the General Manager and Controller to ensure sufficient financial reserves are in place for external obligations and long-term capital commitments.
• Monitor the budget and report any significant variances to the Board.
• Assist in the development and implementation of long-term financial strategies.

Compliance and Risk Management:

• Ensure the organization complies with all relevant financial regulations and laws governing non-profits.
• Ensure the organization has a proper financial risk management approach in place.
• Act as a signatory for cheques and other important documents related to SFCRA and The Bench YYC Restaurant.
• Serve as the main contact for investment decisions.

Role Description: TREASURER (cont’d)

Audit and Financial Reviews:

• Participate in the annual audit with the SFCRA Finance team and external auditors.
• Review and provide feedback on the audit before signing it on behalf of the Finance Committee.
• Ensure the organization addresses any audit findings.
• Review and recommend policies to promote financial transparency and accountability.

Board Engagement:

• Act as the primary liaison between the Board and the SFCRA Controller and Finance team.
• Educate and inform Board members about financial matters, ensuring they have the knowledge to make informed decisions.
• Serve as the point of contact for CRA and AGLC regarding casinos (in coordination with the General Manager).

Qualifications:

• Proven experience in financial management, accounting, or a related field (non-profit experience preferred).
• Strong understanding of financial and accounting principles.
• Familiarity with non-profit financial policies and fiduciary responsibilities.
• Excellent analytical, communication, and organizational skills.
• Commitment to the mission and goals of the organization.

SFCRA Finance Department Responsibilities:

The SFCRA Finance Department will inform the Treasurer of all tax filings, ensure compliance, and ensure all bills are paid. They will report these matters to the Treasurer.

Term of Office:

The Treasurer is elected for a one-year term and may be re-elected for up to three consecutive two year terms.