Board Treasurer

The Treasurer oversees FNAM’s financial management, including budgeting, financial reporting, cash flow, and fiscal policies, ensuring financial transparency and accountability. Key responsibilities involve working with the Board to create and monitor the budget, providing regular financial reports to the board, managing banking relationships, overseeing financial policies, and ensuring compliance with tax regulations like the IRS Form 990.

The role requires strong financial literacy, attention to detail, strategic thinking, and a commitment to the organization's mission.

Core Responsibilities:

• • Financial Oversight & Control:
  • Manage and maintain the organization's financial accounts and records, with the assistance of a professional bookkeeper.
  • Oversee cash flow and ensure the financial health of the organization.
  • Implement and enforce financial policies and internal controls.
  • Receive monies due and payable to the organization from any source.
  • Disburse the funds of the organization as may be directed by the Board of Directors, requiring proper documentation for such disbursements, including invoices, receipts, expense reports, etc.

• • Budgeting & Strategic Planning:
  • Collaborate with the Board to develop the annual budget.
  • Monitor and report on budget variances and financial performance via the monthly P+L updates.
  • Provide financial insights for strategic, long-term planning.

• • Reporting & Compliance:
  • Prepare and present timely financial reports to the board and other stakeholders.
  • Ensure accurate and timely filing of required tax documents, such as the IRS Form 990 and any required California forms and registrations.
  • Bank & Investment Management:
  • Manage relationships with banks and financial institutions.

Financial Literacy & Communication:

• • Educate board members on financial matters to foster a better understanding of the organization's financial condition.
  • Clearly communicate complex financial information to non-financial stakeholders, donors, and the board.

Key Skills & Qualities

• • Financial Expertise: Strong understanding of basic accounting, budgeting, and financial analysis.
  • Integrity & Ethics: Uphold high standards of honesty and transparency in all financial dealings.
  • Strategic Thinking: Ability to see the bigger financial picture and contribute to the organization's long-term success.
  • Leadership: Skill in leading financial discussions and collaborating with board members.
  • Attention to Detail: Precision and accuracy are crucial in financial management and reporting.
  • Commitment to Mission: A strong dedication to the nonprofit's cause and mission.