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Committee Member - Treasurer (Voluntary)

Banyule Support and Information Centre Inc

BANSIC (Banyule Support and Information Centre) provides essential emergency relief and support services to individuals and families in need.

We offer food vouchers, food parcels, and financial assistance, along with information, advocacy, and referrals to help people navigate hardship.

Our dedicated team, including staff and volunteers, works to create a more supportive and resilient community.

BANSIC’s Committee of Management is made up of dedicated volunteers who are passionate about supporting the community.

They bring diverse skills and experience, ensuring strong governance and strategic direction. We are currently recruiting for a treasurer to join our committee.

Key Responsibilities

Financial Oversight

  • Oversee the financial operations of the organisation, ensuring accuracy and compliance with relevant accounting standards.
  • Monitor income, expenditures, and cash flow to maintain the organisation’s financial health.
  • Prepare and present regular financial reports to the Committee of Management,
  • including income statements, balance sheets and budget analyses.
  • Ensure timely filing of all financial reports, GST, PAYG and PLSL returns, workcover submissions and other necessary documents.

Accounts Receivable and Payable

  • Review and record all bills in Xero and ensure they are paid in a timely manner.
  • Prepare invoices as required and ensure all payments are received in a timely
  • manner.
  • Conduct bank reconciliations in Xero on a regular basis.
  • Review and manage all bank accounts (Bendigo Bank).

Budgeting

  • Collaborate with the Committee of Management and staff to develop and manage the annual budget.
  • Monitor budget performance, providing insights and recommendations for adjustments as necessary.
  • Prepare year end forecast at end of each quarter.

Financial Policies

  • Establish and maintain financial policies and procedures (as required) to ensure effective financial management and accountability.
  • Ensure robust financial controls are in place to protect the organisation's assets.
  • Ensure the Committee of Management understands its financial obligations.

Risk Management

  • Maintain risk management policy and work with management to implement risk management strategies to mitigate identified risks.
  • Work with management to Identify and assess risks facing the organisation, including operational, regulatory, and market risks.

Fundraising and Grants

  • Support the development and implementation of fundraising strategies.
  • Provide financial insights to support grant applications and donor communications.
  • Oversee the expenditure of grant funds and prepare attribution analysis of grants as required.

Financial Review

  • Coordinate the annual review process, liaising with external auditors to ensure a thorough review.

Financial Advice

  • Provide financial guidance and support to the Committee of Management and executive staff.
  • Stay updated on financial best practices and changes in the regulatory landscape affecting not-for-profits.

Qualifications

  • Experience: Proven experience in financial management, ideally within the not-for-profit sector. Familiarity with not for profit accounting preferred.
  • Education: Relevant qualifications in finance, accounting, or related fields (CPA/CA preferred).
  • Skills: Strong analytical skills, attention to detail, and the ability to communicate complex financial information clearly and executively.
  • Technology: Proficiency in accounting software (Xero) and Microsoft Excel.
  • Personal Attributes: Strong commitment to the mission and values of Banyule Support and Information Centre Inc. High level of integrity, professionalism, and transparency. Ability to work collaboratively with a diverse group of stakeholders
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