Treasurer, Board of Directors

About Bonyan Organization

Bonyan is an independent non-government, non-profit organization dedicated to building human capacity and rehabilitating war-torn communities.

We are committed to transparency, accountability, and impactful change.

Role Overview

Bonyan Organization is seeking a dedicated and experienced individual to join our Board of Directors as the Treasurer of Bonyan Organization’s US branch. The Treasurer will oversee the financial management and fiscal health of the organization, ensuring compliance with legal and regulatory requirements of the U.S. and providing strategic financial guidance.

Role of the Treasurer to the Board

The Treasurer will ensure the effective governance of the organization’s financial affairs, maintaining financial viability, and implementing proper processes and procedures for all financial records, decisions, and delegations.

Key Responsibilities

1. Strategic

Support and Guidance: Provide assistance and advice in formulating the organization’s strategy, particularly ensuring the necessary resources to deliver this strategy.

2. Financial Management

Financial Reporting: Ensure the Board receives accurate budgetary and financial information on the organization’s activities, including the preparation and disclosure of Annual Accounts as required by funders and statutory bodies.

Accounting Procedures: Recommend and oversee the implementation of appropriate accounting procedures, controls, and policies consistent with the organization’s scheme of delegation.

Auditing: Oversee the appointment of auditors and conduct regular reviews.

Collaboration: Work closely with the Director of Finance to execute responsibilities and achieve organizational goals.

3. Assets and Investments

Investment Policy: Ensure the organization has an appropriate investment policy and monitors the performance of its investments.

Asset Management: Ensure all equipment and assets are adequately maintained and accounted for, and set an appropriate reserves policy.

4. Governance

Board Awareness: Ensure the Board is aware of its financial duties and responsibilities, complying with all relevant legislation.

Policy Review: Regularly review all financial policies, procedures, and the appointment of external financial advisors.

Scheme of Delegation: Regularly review the Board’s scheme of delegation.

Sub-committee Leadership: Act as Chair of the Finance and Governance sub-committee of the Board.

Annual Appraisal: Assist the Vice Chair in the annual appraisal of the Chair, after consulting with other trustees and executives of the organization.

General Responsibilities of a Trustee

In addition to the specific responsibilities outlined above, the Treasurer as a Trustee has the following general responsibilities:

Strategic Contribution: Actively contribute to the Board’s role in giving strategic direction, setting overall strategy and policy, setting targets, and evaluating performance against these targets.
Financial Stability: Ensure the financial stability of the organization and the proper investment of its funds.
Resource Allocation: Ensure the organization applies its resources exclusively in pursuing its objectives.
Administration: Ensure the effective and efficient administration of the organization.
Reputation and Values: Safeguard the good name and values of the organization.
Conflict of Interest: Declare any conflict of interest while carrying out the duties of a Trustee.
Collective Responsibility: Be collectively responsible for the actions of the organization and other Trustees.
Participation: Participate in additional tasks as they arise, such as interviewing new staff and helping with fundraising.
Meeting Attendance: Attend meetings and subcommittee meetings as appropriate and prepare by reading relevant papers.
Awareness: Keep informed about the activities of the organization and wider issues affecting its work.

Requirements and Experience Needed

Must be a US Resident
Professional Experience: Proven experience in financial management, preferably within a non-profit or charitable organization.
Qualifications: A relevant financial qualification (e.g., CPA, CFA) is highly desirable.
Governance Knowledge: Understanding of good governance practices and financial regulations related to non-profit organizations.
Analytical Skills: Strong analytical skills and the ability to interpret complex financial information.
Collaboration Skills: Ability to work collaboratively with Board members and senior management.
Integrity: High level of integrity and commitment to the organization’s mission and values.

Join us at Bonyan Organization and play a critical role in ensuring our financial health and sustainability. Your expertise and dedication can make a significant difference in our mission to build human capacity and rehabilitate war-torn communities.

Ready to Join Us?

Phone: +1 (317) 213-2508 Email: info@bonyan.ngo