The Boroondara Volunteer Resource Centre is advertising this role on behalf of Kew Neighbourhood Learning Centre.

The Treasurer plays a pivotal role in guiding the financial strategy of our organisation and ensuring the responsible stewardship of our resources. If you are passionate about making a difference and have the necessary financial expertise, we invite you to join our team and help us achieve our mission.

Responsibilities:

Financial Planning and Budgeting:

• Collaborate with the bookkeeper, Executive Manager and the Finance sub-committee to develop annual budgets aligned with organisational goals and priorities.
• Monitor and track budget performance regularly, providing timely updates to the board of management.
• Identify potential financial risks and develop strategies to mitigate them, presenting this to the Board for approval.

Financial Reporting and Record-Keeping:

• Communicate and meet with the bookkeeper to ensure the maintenance of accurate and up-to-date financial records, including income statements, balance sheets, and cash flow statements.
• Prepare and present financial reports for board meetings bi-monthly and other stakeholders as required.
• Through engagement with the bookkeeper and the Executive Manager ensure compliance with all financial reporting requirements and regulatory standards.

Cash Management:

• In communication with the bookkeeper, Finance sub-committee and Executive Manager, oversee cash flow planning and management, ensuring adequate funds are available to meet operational needs.
• Monitor banking activities and reconcile bank statements regularly.

Financial Policies and Procedures:

• Develop and implement financial policies and procedures to safeguard assets and maintain internal controls.
• With the input of the Finance sub-committee review and update financial policies as necessary to reflect changes in the organisation's operations or regulatory requirements.

Audit and Compliance:

• Liaise with the bookkeeper (who coordinates) to coordinate annual audits or reviews of the organisation's financial records.
• Ensure compliance with relevant tax laws, regulations, and reporting requirements.

Board Relations:

• Provide financial guidance and support to the board of directors, including presenting financial reports and offering insights on financial matters.
• Collaborate with other board members and staff to ensure alignment between financial decisions and organisational priorities.

Qualifications:

• Bachelor's degree in accounting, finance, or a related field (preferred).
• Previous experience in financial management, accounting, or auditing.
• Strong understanding of nonprofit financial principles and practices.
• Excellent analytical and problem-solving skills.
• Understand Xero software.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a team environment and collaborate with diverse stakeholders.