Board Treasurer

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Position: Board Treasurer

Organization: Think Round, Inc.

Role Overview:
The Board Treasurer is responsible for overseeing the financial management and fiscal health of Think Round, Inc. This role ensures that financial records are accurate and up-to-date, financial policies and procedures are followed, and financial resources are aligned with the organization's mission and goals. The Treasurer collaborates closely with the Executive Director, Finance Committee, and Board of Directors to provide transparent and effective financial oversight.

Key Responsibilities:

1. Financial Oversight:
• Monitor and report on the financial status of the organization to the Board.
• Ensure the organization's financial policies are followed.
• Work with the Executive Director and Finance Committee to develop and review budgets.
2. Financial Reporting:
• Prepare and present monthly and annual financial reports to the Board.
• Ensure that accurate and complete financial records are maintained.
• Oversee the preparation and filing of annual tax returns and other required financial documents.
3. Budget Management:
• Assist in the preparation of the annual budget.
• Review and approve the budget in collaboration with the Executive Director and Finance Committee.
• Monitor budget performance and recommend adjustments as needed.
4. Audit and Compliance:
• Ensure that the organization complies with all financial regulations and standards.
• Coordinate the annual audit process, including the selection of an independent auditor and the review of audit results.
5. Financial Strategy:
• Advise the Board on financial strategy, sustainability, and risk management.
• Participate in the development and implementation of the organization's strategic plan.
• Support fundraising efforts by providing financial insights and projections.

Qualifications:

• Bachelor's degree in finance, accounting, or a related field.
• Professional experience in financial management, accounting, or auditing.
• Strong understanding of nonprofit financial management and reporting.
• Excellent analytical, organizational, and communication skills.
• Experience serving on a nonprofit board is preferred.