Purpose
- To ensure all financial aspects are up to date and monitored.
- To ensure regular financial statements are available at the Board of Directors and/or Executive Committee meetings.
- To ensure all financial practices are based on generally accepted management standards that apply to charitable not-for-profit organizations.
Goals
To assist the Society in achieving its stated mission and goals in the most effective and prudent manner
Responsibilities
- Serves as a member of the Board (refer to Responsibilities of Member at Large).
- Serves as chair of Finance Committee.
- Provides guidance to ensure that reporting meets both external and internal requirements to the general public, members, the Board of Directors, Canada Revenue Agency, the Alberta Gaming and Liquor Commission and in accordance with the CICA handbook.
- Recommends an auditor to the Board.
- Ensures annual audit requirements are met.
- Prepares and presents financial reports for the Board of Directors and Executive Committee at regularly scheduled meetings.
- Acts as a principal signing officer with respect to contracts, reports and documents in addition to cheques.
- Ensures an annual consolidated budget is prepared, approved and monitored on an ongoing basis, identifying over-budget expenditures and shortfalls to the Board.
Qualifications/Skills
- Accounting knowledge and experience
- Familiarity with the not-for-profit sector; understanding of the CICA Handbook for Non-profits and Canada Revenue Agency requirements
- Commitment to the mission of the Society
- Capacity to explain financial matters to those without accounting training
Reports To
The AHPCA Board of Directors
Term of Office
Two years, renewable
Time Commitment
- Executive meetings (4-6 times per year), with additional meetings as required
- Board meetings (4-6 times per year)
- Committee meetings as time permits
- Approximately 4-5 hours per month, except at year-end when more time may be needed
