Mass Oyster Seeks Board Treasurer [volunteer]
Massachusetts Oyster Project, Inc. - Nonprofit
Treasurer Board Description
Role
The Massachusetts Oyster Project is looking for a treasurer to fill its open board position.
Mission
The Massachusetts Oyster Project, Inc. is a 501 (c) (3) nonprofit dedicated to improving water quality, marine habitat, coastal resilience, and biodiversity through the reintroduction of oysters into Massachusetts waters. For more information, please visit our website at www.massoyster.org
Board Role Description
The treasurer is responsible for the financial management of the organization. The treasurer works closely with the Board of Directors and Executive Director to ensure effective financial planning, monitoring, and reporting. While Mass Oyster plans on growing, the current budget is around $100k. In particular, responsibilities include accurate and timely record keeping in Quickbooks Online. The treasurer is responsible for coordinating with outside accountants to ensure timely filing of annual tax returns and audited financial statements (if applicable).
Specific Board Responsibilities Include:
Oversee the accurate and timely recording of all financial transactions and maintain appropriate documentation in Quickbooks online
Prepare regular financial reports for the Board, statement of activities; statement of financial position
In collaboration with the Executive Director, present financial reports and updates at Board meetings and provide explanations of financial performance
Works with the Executive Director to ensure funds received from grantors are spent in accordance with the grant agreement
Partners with the Board of Directors and Executive Director to develop the annual budget and forecasting
Ensure compliance with applicable accounting standards, legal requirements, and regulations
Coordinate and liaise with tax accountant and external auditors for annual audits or financial reviews (if applicable)
Fundraising
MOP Board Members will consider MOP a philanthropic priority and make annual gifts that reflect that priority. So that MOP can credibly solicit contributions from foundations, organizations, and individuals, MOP expects to have 100 percent of Board Members make an annual contribution that is commensurate with their capacity.
Ideal candidates will have the following qualifications
Strong financial acumen and knowledge of accounting principles and practices. ● Experience in financial management, budgeting, and reporting.
Familiarity with non-profit financial operations and compliance requirements. ● Proficiency in Quickbooks Online accounting software
A commitment to and understanding of MOP’s mission
Personal qualities of integrity, credibility, and a passion for improving the relationships of MOP’s partners OR Ethical and transparent approach to financial management.
Board terms/participation
MOP’s Board Members will serve a two-year term to be eligible for re-appointment for additional terms. Board meetings will be held 6 times per year and committee meetings will be held in coordination with full board Meetings.
Service on MOP’s Board of Directors is without remuneration, except for administrative support, travel, and accommodation costs in relation to Board Members’ duties.
Contact
Please send resume and cover letter to Liv Woods, Executive Director, at liv.woods@massoyster.org. Subject Line: Mass Oyster Treasurer Board Position