Board Treasurer Job Description
Purpose:
The treasurer, jointly with the board chair, ensures that current records are
maintained, reflecting the financial condition of DuPagePads. These records will
include cash, outstanding advances, investments, accounts receivable and other
assets, accounts payables, and fund balances (net assets).
Responsibilities:
Maintain knowledge of the organization and personal commitment to its
goals and objectives
Understand financial accounting for nonprofit organizations
Serve as financial officer of the organization and as chairperson of the
finance committee
Manage, with the finance committee, the board’s review of and action
related to the board’s financial responsibilities
Work with the executive director and the finance manager to ensure that
appropriate financial reports are made available to the board on a timely
basis
Assist the executive director or the finance manager in preparing the annual
budget and presenting the budget to the board for approval
Review the annual audit and answer board members’ questions about the
audit
Elected By: Board
Length of Term: One year
Time Commitment: As required to accomplish major duties
Reporting: The treasurer reports to the board chair and to the board
Knowledge and Skills:
1. Knowledge of the organization and personal commitment to its goals and
objectives
2. Understanding of financial accounting for nonprofit organizations
3. Ability to work with the chief financial officer and auditor as necessary
Budget Support: Costs of conferences