Board Treasurer - Position Posting

Springtide (Registered Charity)  

 

Springtide is seeking a skilled Treasurer to join our Board and oversee the financial activities and book-keeping of the organization. Springtide is a registered charity committed to better politics. We offer leadership development, skills training, ideas, and insights for more responsive and resilient democratic institutions and leaders. Springtide has one active project at the moment, the Charter Challenge for Fair Voting, a case seeking to have Canada’s first-past-the-post voting system ruled as unfair and unconstitutional.

We are searching for someone who is comfortable with all aspects of non-profit finance and accounting, and passionate about our mission. The role of Treasurer is a volunteer position. 

What We Are Looking For

The ideal Treasurer:

  • Has experience with financial management either in non-profit or for-profit organizations.
  • Holds a professional accounting designation (e.g. CA, CGA, CMA, CPA), or has formal training in accounting practices.
  • Is familiar with the rules and laws governing non-profit and charity finance in Canada.
  • Has previous Board experience, or a strong willingness to learn.

 

Benefits 

This position is a volunteer position (consistent will all board positions). We hope that interested applicants will see this role as an opportunity for growth and learning - both individually, and collectively on a board that continues to grow and learn together. 

The Treasurer is a member of the board of directors, and the lead board director of financial management and oversight. The Treasurer will oversee the finances of the organization, review and assist with any fiscal administrative duties, produce year-end financial statements, and ensure the development and board review of financial policies and procedures. Ultimately, while financial management is the primary focus of the Treasurer, the entire board shares the responsibility of financial oversight and accountability. Similarly, the Treasurer will be expected to participate in all aspects of the board’s deliberations and decision-making.

 

About Us

To learn more, please visit: https://www.springtide.ngo/

 

Duties of the Treasurer 

Board Membership: The Treasurer is a member of the Springtide Board of Directors. Board members are expected to attend monthly board meetings and participate on ad-hoc committees. Meetings are held on fourth Wednesday or each month from 5:30 – 7:00pm.  

Financial Management & Oversight: The Treasurer will oversee and manage the financial affairs of Springtide, including the daily finances, quarterly reporting, bank reconciliations and cash flow. The Treasurer should be knowledgeable about who has access to the organization’s funds and any outstanding bills or debts owed. The Treasurer should create and maintain systems for ensuring the organization’s ongoing solvency and oversee practice of the organization’s financial policies (e.g. cheque signing authority, expense reimbursement, credit card usage).

Budgets: The Treasurer is responsible for preparing an annual budget, as well as regularly monitoring and comparing the actual revenues and expenses incurred against such budget. The development of a budget that supports the organization’s goals and drives decision-making is an important part of an organization’s success in effectuating its mission. The budget should be reviewed and approved by the board; however, the Treasurer should be prepared to help explain and justify the document. 

Reports: The Treasurer should have thorough knowledge and understanding of the organization’s financial reports and important financial ratios. The Treasurer should keep the board apprised of key financial events, trends, and concerns, and their assessments of the organization’s fiscal health. The Treasurer is also generally responsible for completing, or ensuring the completion of, required financial reporting forms (joint stocks and CRA forms) in a timely manner and making these forms available for the board’s review.

Financial Liaison: A skilled Treasurer should be able to translate financial concepts and information for board members who do not have financial backgrounds or substantial financial experience. The Treasurer can be most effective to the board when they are facilitating and encouraging the board’s strategic thinking about the short and long term financial vitality of the organization in relation to its advancement of the organization’s mission.

 

If you are interested in applying for this position, please send a cover letter and resume to chair@springtide.ngo by Tuesday, September 8.

 

Once applications have been reviewed, selected candidates will be contacted to discuss the position further.