Financial Officer on Board of Directors

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Description

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

Details

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