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Board of Directors: Treasurer

Board of Directors: Treasurer

The Local Charity
locationToronto Canada
remoteFully Remote
PublishedPublished: 7/31/2025
ExpiresExpires: 9/29/2025
Board of Director
Unpaid Volunteer Position

Board of Directors: Treasurer

Note: This is a volunteer position. No financial compensation is offered.

The Toronto Local Charity (TLC) empowers young people to break the cycle of poverty by providing life skills training, mental health and wellness programs, leadership training, and enhanced access to technology. Our programs support young people to build a life where they live in dignity, enhancing their resilience and security while providing greater opportunities for employment and future leadership.

TLC is experiencing significant growth, and we are actively seeking a General Director with strong fundraising expertise to join our Board of Directors by July 31, 2025.

Why We Need You

Our Key Challenge: As a rapidly growing organization with increasing program delivery and funding streams, TLC needs strong financial oversight, strategic budget planning, and robust financial controls to support our expansion while maintaining fiscal responsibility.

Position Overview

The Treasurer serves as a Board member responsible for the financial oversight and stewardship of TLC. Working collaboratively with the Executive Director and Board, you’ll ensure financial transparency, accountability, and strategic financial planning to support our mission and growth objectives.

Key Responsibilities

Financial Oversight & Stewardship (Primary Focus)

Fundraising Leadership (Primary Focus)

Governance & Strategic Oversight

  • Chair the Finance Committee and provide financial leadership to the Board
  • Monitor financial performance against budgets and strategic objectives
  • Review and present financial reports at Board meetings (monthly statements, quarterly reports, annual financials)
  • Oversee budget development and annual financial planning process
  • Ensure compliance with financial regulations, CRA requirements, and audit processes
  • Assess financial risks and recommend mitigation strategies
  • Guide financial policies and internal controls development

Strategic Financial Planning

  • Support fundraising efforts with financial analysis and projections
  • Develop multi-year financial forecasts to support strategic planning
  • Analyze program costs and cost-effectiveness to optimize impact
  • Advise on investment decisions and reserve fund management
  • Support grant applications with required financial documentation

Governance & Board Duties

  • Help set TLC’s strategic direction aligned with financial sustainability
  • Provide fiduciary oversight and accountability for organizational performance
  • Ensure transparency in financial reporting to stakeholders
  • Support Executive Director with financial management guidance
  • Act with integrity and in the best interests of the organization

What We're Looking For

Essential Qualifications

  • Professional accounting or finance background (CPA, CGA, CMA, or equivalent experience)
  • Nonprofit financial management experience or willingness to learn sector-specific requirements
  • Budget development and financial analysis skills
  • Understanding of internal controls and financial risk management
  • Board governance experience or commitment to learn
  • Commitment to youth development and breaking cycles of poverty

Highly Valued Experience

  • Charity/nonprofit sector financial management
  • Audit oversight and working with external auditors
  • Grant funding financial reporting and compliance
  • Financial systems implementation and process improvement
  • Multi-year strategic financial planning
  • Investment oversight and reserve fund management

Board Expectations

Commitment Level: This is a hands-on financial leadership role requiring attention to detail and regular engagement.

  • Meetings: Every 8 weeks initially, transitioning to quarterly as we establish strong foundations
  • Finance Committee: Monthly review of financial statements and key metrics
  • Annual processes: Budget development, audit oversight, financial policy review
  • Timely communication via email and Slack between meetings
  • Personal commitment to TLC’s mission and values
  • Professional discretion with confidential financial information
  • Transparency in disclosing any conflicts of interest

Term: 2.5 years | Reports to: Board of Directors | Chair: Finance Committee

Application Process

Deadline: August 31, 2025

Selected candidates will be interviewed virtually with Board representatives between June to August 2025. Recommended candidates will stand for election in August or October 2025.

Please note: We are committed to securing the best fit for our organization and reserve the right to close this recruitment process early if the right candidate is identified.

Learn More: Review our Strategic Plan

Required degree level

  • Executive/Leadership