Treasurer - Volunteer

The Herbert H. Carnegie Future Aces Foundation (the Foundation) was founded by Herb Carnegie, a world-class professional hockey player who was denied the opportunity to play in the NHL due to racial discrimination. In response, he created the Future Aces Foundation in 1987 to inspire and empower youth in his hometown of Toronto. Since then, our programs have reached over 100,000 students across Ontario, offering motivational presentations, workshops, and scholarships for students who demonstrate leadership and community service. Our mission is to inspire and empower youth to positively impact society and reach their full potential.

We are seeking a candidate to join our Board of Directors as the Treasurer. This unpaid volunteer role is an exciting opportunity to be part of a dynamic group of people who are helping to guide and shape the work of a growing and impactful non-profit dedicated to instilling ethics, character-building and exemplary citizenship in all areas of the community. The Board consists of 13 Board members. A Board Member has three core responsibilities: - Fiduciary responsibility: Legal responsibilities of the Board in guiding the Foundation - Strategic responsibility: Decisions about the use of resources, programs and services - Generative responsibility: Development of new ideas in line with the core values. Our Board is a Working Board. Compared to a Governing Board, a Working Board of Directors is an active and engaged governing body that not only provides oversight and strategic recommendations for a Foundation but also plays a hands-on role in its operations. Board Members often contribute their expertise, resources and time to directly support key initiatives, engage with staff, facilitate funding opportunities and help implement decisions.

Treasurer Responsibilities: • Assure that the Foundation has the policies and controls to manage its money well. • Oversee the financial administration system of the Foundation, including accounting, planning, budgeting, reporting and safekeeping of assets to protect the Foundation against fraud and theft, ensuring safe custody of money, and prompt banking. • Act as liaison between the Foundation’s auditor and Board to complete annual audit. • Review invoices and act as a signing authority for the Foundation’s bank account. • Facilitate monthly Finance Committee meetings with Foundation’s Bookkeeper. • Monitor spending related to the Ministry of Education budget. • Act as the keeper of the Foundation’s passwords/account accesses. • Provide Finance update at monthly Board meetings. What We’re Looking For Several years’ experience in any of the following areas: • Finance/Accounting related role (preference to candidates with an accounting designation (CPA) or working towards one or; • Managing projects or business lines with five or more people or; • Past volunteer experience of any type but involving working with the same organization for a least one year • Comfortable with using technology and collaborative tools (e.g., Microsoft Teams, cloud accounting, general payroll, Quickbooks software, etc.)

Commitment • Approx. 10 hours/month • Attend monthly Board and Committee meetings (virtual or in-person) • Two-year term, renewable

Interested candidates are encouraged to submit a resume and a brief statement of interest outlining their relevant experience and passion for the Foundation’s mission. Applications can be sent to info@futureaces.org with the subject line Board Member - Treasurer. The Herbert H. Carnegie Future Aces Foundation values diversity, equity, and inclusion and encourages applicants from all backgrounds, including underrepresented and equity seeking communities. Please advise if you require any accommodation to ensure you will be interviewed in a fair and equitable manner.