Crossroads4Hope is currently recruiting for a Board Treasurer to succeed the current incumbent's planned rotation.
Purpose
Ensures Crossroads4Hope (CR4H) is good steward of charitable donations and its tax-exempt status, providing oversight of the organization's fiscal integrity and assisting the Board of Trustees in meeting its mandate to govern. Ultimately, while financial management is the primary focus of the Treasurer, the entire board shares the responsibility of financial oversight and accountability.
Responsibilities
Maintains knowledge of CR4H’s holdings and assets, financial reports and important financial ratios. Monthly, reviews account records, and monitor income and expenditures. Keeps the board apprised of key financial events, trends, and concerns, and their assessment of the organization’s fiscal health.
Effectively translates financial concepts and information for trustees who do not have financial backgrounds or substantial financial experience. Facilitates the board’s strategic thinking about the short and long-term financial viability of the organization aligned to the advancement of the organization’s mission.
Acts as chair of the Finance Committee. The Finance Committee ensures the organization is operating with the financial resources needed to provide programs and services to the community. The committee provides financial analysis, advice, and oversight and monitoring of the organizations budget, fiscal policies, procedures, investments etc.
Oversees the annual budget and approval process. Annually, the CEO prepares the budget in conjunction with key staff. This position facilitates engagement of the finance and executive committees and timely approval by the Board of Trustees.
Regularly reviews financial reports generated by staff on a monthly basis. In the absence of staff, generates required reports.
May prepare or guide staff to prepare additional board reports detailing income, expenditures, and asset values to present to the board no less frequently than quarterly. If needed, prepares special financial reports as required to support business cases for proposed plans for large expenditures.
Provides oversight of the preparation of the organization’s IRS Form 990 to the conjunction with the CEO and preparer. Ensures accuracy and on-time completion; annually presents to the board the results in a timely fashion.
Other Education and Experience Required
Bachelor’s degree in business, finance, economics or accounting or related field.
3+ years of experience in business, finance, economics or accounting. Experience as CFO is preferred. Treasurer experience on a non-profit board is a plus.
Adheres to high standards of ethics and compliance in fulfilling all responsibilities to the organization. Performs all duties incident to the office of the Treasurer, and such other duties as may be required by law, by the Articles of Incorporation, or By Laws, or which may be assigned from time to time by the Board of Trustees.
Demonstrates transparency and effective communication.
