Board Treasurer

Position Title:

Board Treasurer

Type of Job:
Voluntary (non-paid board position)

Supervises:
Finance Committee

Reports to:

President

The Treasurer of Bel-Inizio oversees the organization’s financial management, ensuring transparency, accountability, and sound fiscal stewardship. As Chair of the Finance Committee, the Treasurer provides leadership in budgeting, financial reporting, and long-term financial planning, partnering closely with the Executive Director to maintain the financial health of the organization.

• Has responsibility for the organization’s funds and securities.
• Maintainsfamiliaritywith the organization’s financial policies, accounts, and obligations.
• Ensures appropriate internal controls and separation of duties are in place.

• Facilitates preparation of the annual budget in collaboration with the Executive Director and Finance Committee.
• Prepares monthly financial statements, comparing actual revenues and expenses to the approved budget.
• Conducts monthly Finance Committee meetings to review current financials with the Executive Director and committee members.
• Presents and discusses year-to-date financial performance at each Board meeting.

• Maintainsa thorough understanding of the organization’s financial statements and key financial ratios.
• Keepsthe Board informed of major financial developments, trends, and risks.
• Reviews and provides input on the organization’s annual audit and IRS Form 990 prior to submission.

• Promotes financial literacy within the Board to support informed decision-making.
• Translates financial information and concepts for Board members who may not have a financial background.

• Attends all Board meetings (six annually) and monthly Finance Committee meetings.
• Leads and participates in the annual budget review and audit process.
• Estimated time commitment: 2–3 hours per month, with additional time required during budget and audit cycles.