Expertise Desired:
Treasurer, Accounting, Finance, Financial Management, CPA, …
Committee Needs:
Annual give required?
Yes
Minimum give amount (if required):
100
Contact Details:
Sebastian Belfanti
Email
(617) 723-2125
Additional Details:
In addition to the typical responsibilities of a Director, the Treasurer of the Board (“Treasurer”) has the following responsibilities:
Basic Functions:
-Acts as the Chief Financial Officer and Chief Accounting Officer of the Corporation unless an individual is hired by the Board for this purpose.
-Keeps, or causes to be kept, regular books of account, accounting records and procedures, funds, securities and valuable papers of the Corporation.
-Reports to the Board of Directors at regular intervals regarding the financial condition of the Corporation; and ensures that a true and accurate accounting of the financial transactions of the Corporation is made. This report must include a balance sheet and profit & loss.
-Prepares or oversees all reports and filings required by the Commonwealth of Massachusetts, the Internal Revenue Service, and other governmental agencies.
-Oversees the Executive Director in the receipt and disbursement of the monies of the Corporation.
-Serves as Co-Chair of the Finance Committee with the Executive Director.
Additional Responsibilities:
-Conducts an internal audit of the Corporation annually, or oversees an independent audit if the organization’s operating budget requires such an audit to be completed in accordance with State law.
-Advises the Board on the reasonableness of the budget prepared by the Executive Director and assists the Executive Director in its preparation as needed..
-Provides a 3-year or 5-year projection to the Board when requested for planning purposes or otherwise required.
-Physically attends Board Meetings.
Position posted: 10/26/2022
