Treasurer

Nonprofit Treasurer Duties

• Monitor the organization’s current and future financial health
• Review operating budgets and make changes when necessary
• Define and follow statutory and regulatory financial deadlines and responsibilities
• Establish and distribute the organization’s financial policies and procedures
• Prepare audits, whether annual or continuous audit reports
• Develop financial goals and the measures to achieve them
• Align financial goals with the organization’s mission 
• Identify and manage risk
• Safeguard the organization’s assets, data, and sensitive information

Qualifications

1. Financial Expertise: The treasurer should have a strong background in finance, accounting, or related fields. They should be familiar with financial principles, budgeting, and financial reporting and analysis.
2. Nonprofit Experience: Prior experience working with nonprofits or a good understanding of the nonprofit sector is very valuable. Nonprofits have unique financial challenges and compliance requirements.
3. Integrity and Ethics: The treasurer MUST have a strong sense of integrity, ethics, and a commitment to transparency and accountability.
4. Attention to Detail: The treasurer must be detail-oriented to accurately manage financial records, prepare reports, and identify errors and/or discrepancies.
5. Analytical and Problem-Solving Skills: The treasurer should be able to analyze financial data, identify trends, and make informed financial decisions.
6. Communication Skills: Effective communication is critical for a treasurer to convey financial information to the board, staff, and other stakeholders in a clear and understandable manner.
7. Team Player: The treasurer will work closely with other board members, the executive director, and the finance advisor. The treasurer should be able to effectively collaborate and contribute positively to the team.
8. Time Management: Have the ability to prioritize tasks and efficiently manage their time is vital.
9. Commitment to the Mission: The candidate must be in alignment with the organization vision and be willing to learn and grow. They should genuinely be passionate about the organization’s mission and have a clear understanding of the goals and values.
10. Financial Risk Management: The treasurer should be able to assess financial risks and propose strategies to mitigate them, ensuring the organization’s financial stability.
11. Adaptability and Continuous Learning: Financial regulations and best practices will evolve over time. 
12. Dedication and Availability:  The treasurer position can require a significant time commitment during certain times throughout the year, especially during financial planning and reporting periods. 

Organization Culture:

The I Rise Foundation believes that a diverse organization and inclusive workplace culture enhances our ability to fulfill our mission. We strive for equity and justice in the way people are treated and the opportunities they have to succeed by working to address racism, inequitable treatment, and other barriers to inclusion. We strongly encourage candidates from diverse backgrounds (including communities of color, the LGBTQ community, veterans, and people with disabilities) to apply to join our team.