Treasurer in the Board of Directors

Organization Details
Organization Name:	Altered Minds Inc
Address:	406 Edmonton St, 2nd floor Winnipeg MB R3B 2M2
Website:	https://alteredminds.ca
Organizational Description:	Altered Minds is a not-for-profit charitable organization. For the past 17 years, it has been providing Settlement, Language, Employment, and Digital Literacy programs for adult immigrants to Manitoba.

Volunteer Opportunity Details
Volunteer Opportunity ID:	5638

Description of Duties:	Financial Management: The treasurer is responsible for managing the organization's finances, including budgeting, financial planning, and making sure that the organization operates within its budgetary constraints. Financial Reporting: The treasurer is responsible for presenting financial reports to the board of directors and other stakeholders including the organization's income and expenses, assets and liabilities, and other financial performance indicators. Internal Controls: The treasurer establishes proper internal controls to safeguard the organization's assets and prevent fraud or misuse of funds. Compliance: The treasurer ensures that the nonprofit is compliant with all relevant financial and accounting regulations, as well as legal requirements or reporting obligations specific to charitable organizations. Banking and Investments: The treasurer manages the organization's bank accounts and is often involved in decision-making related to investments, subject to the organization's investment policy. Fundraising and Grant Management: In some cases, the treasurer may be involved in fundraising and the management of grants and donations received by the nonprofit. Strategic Financial Planning: The treasurer collaborates with other board members to develop long-term financial strategies that align with the organization's mission and goals. Auditing and Review: The treasurer may be involved in annual audits or financial reviews to ensure the accuracy and transparency of the organization's financial statements.

Skills Required:	Financial Expertise: The treasurer should have a strong background in finance, accounting, or related fields. They should be familiar with financial principles, budgeting, and financial reporting and analysis. Nonprofit Experience: Prior experience working with nonprofits or a good understanding of the nonprofit sector is very valuable. Nonprofits have unique financial challenges and compliance requirements, so relevant experience will be important in handling those challenges. Integrity and Ethics: The treasurer will have access to sensitive financial information and may be responsible for managing significant funds. Look for candidates with a strong sense of integrity, ethics, and a commitment to transparency and accountability. Attention to Detail: A treasurer must be detail-oriented to accurately manage financial records, prepare reports, and identify errors and/or discrepancies. Analytical and Problem-Solving Skills: The treasurer should be able to analyze financial data, identify trends, and make informed financial decisions. Communication Skills: Effective communication is critical for a treasurer to convey financial information to the board, staff, and other stakeholders in a clear and understandable manner. Team Player: The treasurer will work closely with other board members, the executive director, and finance staff (if they exist). They should be able to effectively collaborate and contribute positively to the team. Time Management: Nonprofit treasurers often have multiple responsibilities, so the ability to prioritize tasks and efficiently manage their time is vital. Commitment to the Mission: You want to find a candidate who is genuinely passionate about the organization's mission and has a clear understanding of the goals and values. Financial Risk Management: A treasurer should be able to assess financial risks and propose strategies to mitigate them, ensuring the organization's financial stability. Adaptability and Continuous Learning: Financial regulations and best practices will evolve over time. A treasurer who is open to learning and adapting to change will go a long way in keeping the organization up-to-date and compliant. Dedication and Availability: Serving as a treasurer can require a significant time commitment, especially during financial planning and reporting periods. Look for a candidate who is dedicated to fulfilling the role and has the time to do so.

Skills Gained/Related Careers:

Age:	18-30, 31-54, 55+
Time Commitment:	Remote Volunteering , Flexible Hours
Location of volunteer opportunity:	Winnipeg - Downtown
Does opportunity require a criminal record check?	Yes Will cost be reimbursed? Yes
Does opportunity require a child abuse registry check?	No
Opportunity is available to candidates that:	Uses a mobility device French speaking / Bilingual (French and English)
Organization will provide:	A letter of reference Certificate of recognition Training/Orientation
How to Apply:	Email: yulias@alteredminds.ca Phone: 204-898-3769
Closing Date:	Mar 15, 2025

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Treasurer in the Board of Directors

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