Treasurer (Board of Director position)

VOLUNTEER POSITION DESCRIPTION: TREASURER

The Treasurer ensures PAVRO remains fiscally responsible and viable; the Treasurer also informs and advises the Board of Directors on matters pertaining to finances. A member of the PAVRO Board of Directors and the Executive Committee, the Treasurer oversees the bookkeeping activities of the Association and reconciles the financial records on a regular basis.

Responsibilities
Under the direction of the President of the Board of Directors, the Treasurer’s responsibilities include:
1.	Developing an Annual Budget with input from all Board members and any independent contractors.
2.	Proving regular financial statements for Board meeting, answering questions, and explaining statements to Board members.
3.	Providing Board member training (e.g. reading statements, using and understanding financial statements) as required.
4.	Arranging for an Audited Financial Report and presenting same at the Annual Meeting of the Association.
5.	Liaising with bookkeeper and any PAVRO independent contractors on a regular basis to ensure timely and accurate processing of payable and receivable accounts.
6.	Reconcile PAVRO’s financial statements on a monthly basis and work with the bookkeeper, Board members, and/or any PAVRO independent contractors to address discrepancies.
7.	Developing and/or reviewing PAVRO financial policies and procedures and keeping them current.
8.	Ensure legal compliance under ONCA, and other government organizations as required, including overseeing independent contractor remuneration and Government Remittances (taxation).
9.	Make recommendations to the Board of Directors that optimize the financial health of the organization. Invest surplus funds according to policy directives.
10.	Convene the Financial Committee meetings a minimum of four (4) times per year.
11.	Complete/respond to any responsibilities associated with being a PAVRO Board member (e.g. attending, preparing for, and participating in meetings/conference/AGM; financial accountability and management of portfolio budget; preparing reports; and working with appropriate Board member(s) and/or PAVRO independent contractors to ensure the membership is kept apprised of PAVRO’s financial health and activities).
12.	Willingness to take out annual PAVRO Supporter Membership ($36.72 + HST)

Experience/Skills Required
Minimum of 5-years experience working in the field of accounting/finance essential; CPA designation preferred
Demonstrated experience in preparing budgets, reconciling accounts, and liaising with outside auditing firm
Experience in the not-for-profit sector essential (paid or volunteer)
Strong belief in PAVRO’s mission, vision and values; able to articulate them
Demonstrated ability to work independently and follow through with assigned projects and responsibilities
Flexibility and patience

Term
The Treasurer is elected for a two-year term. It is expected that the Treasurer will attend all regular Board meetings plus the Annual Meeting and any Board retreats. The time commitment is 10 – 12 hours per month, with additional time required at year-end.