REINS is looking to file an upcoming vacancy on our Board of Directors for a Financial Officer. This is a key position for our organization. After many years of service, our current Financial Officer is resigning to spend more time with grandchildren. He is willing to assist with turnover and training.
Thank you for considering this opportunity. I look forward to talking with you about joining our team and the Magic of REINS.
Our current Financial Officer spends approximately 10 hours each month on these duties. Bookkeeping is not part of this position. A list of duties performed by our current Financial Officer are listed below.
- Finance Officer / Treasurer duties
Banking
Check signing authority
Maximize return on excess cash
Monitor account balances – ensure sufficient cash on hand to meet payroll and
pay expenses
Credit cards
Overall card “owner” and monitor credit limits / spending
Insurance
Liaison with Markel Insurance (liability), West Bend (property insurance on
barn/house) and Society (workers’ comp). Renew each year, negotiate rates as
needed, ensure premiums are current
Fundraising
Assist Philanthropy Director and Grant Writers on financial portion of grant applications and required
reporting
Financials
Prepare annual budget – work with staff and BOD on setting realistic, achievable
revenue targets and expense limits
Review monthly financial statements and advise BOD on the propriety of financials
and progress toward budgets
Work with the external accountant (Begalke) to compile annual financial statements
and required filings (IRS Form 990)
Legal/Compliance
File/sign various nonprofit required state and grantor required filings and
information