Volunteer Treasurer for Dress For Success Calgary
Description of Charity/Foundation:
Dress for Success Calgary provides professional attire, a network of support and development tools to women in need to help them thrive in work and in life. We are a part of a 150 chapters in 50+ countries around the world.
Description of Role:
The Treasurer is responsible for managing and reporting on the finances of Dress for Success Calgary. They serve on the Board of Directors.
Treasurer Responsibilities:
• Compile the annual operating budget for DFS Global reporting purposes.
• Gather and maintain all financial information required for all financial reporting purposes in order to meet reporting requirements on a timely and accurate basis
• Provide accurate, up-to-date financial reports and explanations to the Board at regular meetings, including cash flow analyses
• Report to the Board any financial irregularities, concerns and opportunities
• Sign documents of the organization as required
• Ensure that all financial statements are prepared in accordance with Accounting Standards for Not-for-Profit Organizations (ASNPO)
• Work with external auditor in the auditing of our external financial statement.
• Keep up-to-date with changes to Canada Revenue Agency guidelines for charities and legal, regulatory and sector developments related to the Board’s responsibilities
• Prepare and submit on time the CRA Annual Charity Return
o T3010 and all schedules
o TF725
o T1235
o Copy of annual financial statements
• Run payroll for one full time staff member and summer student(s).
• File annual T4 Return with the CRA.
• File GST rebate with CRA semi annually
• Administers all financial transactions, bookkeeping and financial administration including tax receipts and bank accounts
• Monitor finance@dfsc.ca email account with Dress for Success Calgary domain name. Check and reply to email inquiries within a 1-2 day timeframe.
• Ensure timely deposits of all monies or other valuable effects.
• Pay the Charity’s vendors in a timely manner
• Assist on-site during fundraising activities and oversee cash handling and record-keeping
• Monitor the Charity’s cash flows and financial position continuously
Future Responsibilities
• Develop and recommend appropriate financial controls for consideration by the board.
• Develop adequate control and procedures, specifically around inventory and cash handling procedures
• Recommend investment strategy for excess cash.
Qualifications/Attributes:
• Combination of practical accounting experience and a degree in accounting/business administration or a two-year accounting diploma from a technical college. A professional accounting designation is an asset but not required.
• Familiarity with Quickbooks for Non-Profit software
• Knowledge of Accounting Standards for Not-for-Profit Organizations (ASNPO)
• Able to interpret Canada Revenue Agency guidelines for charities
• Research and Analysis skills
• Detail oriented/accurate/thorough
• Able to meet deadlines
• Ethical
• Sound decision making and judgement
All Board positions are volunteer-based, with the commitment of a two-year term. Both men and women are encouraged to apply. Previous nonprofit board experience is preferred, but not mandatory.
Certification/Education Required:
CPA, CA, CMA
Duration:
1 Year to 2 Years
Contact:
Charity/Foundation Website: http://calgary.dressforsuccess.org
Ayden Athwal
Email: dfsrecruiting@gmail.com