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OTSE / March 3, 2023

OTSE seeks a new board treasurer

With your specific talents, you can help end the death penalty in Ohio

OTSE’s board is seeking a committed advocate to join our volunteer Board of Directors to help us expand our impact. Specifically, OTSE is looking for someone who can take on the role of treasurer. Take a look at the role description, below. If you think you’re right for the position, fill out an application. Contact Allison at allison@otse.org if you have any questions.

OTSE Board Treasurer Job Description

Accountability 

The Board Treasurer is an executive and voting member of the Board of Directors and appointed in a manner consistent with the bylaws. The Treasurer is accountable to the Board for the fulfillment of the duties and responsibilities outlined below.  

Authority 

The Treasurer, like other Board members, has no authority to direct staff or take independent action on matters outside of the duties outlined unless given such authority by the Board. 

Time Commitment 

10-15 hours per month (attend Board meetings, review financial documents, communicate with the Executive Director and bookkeeper.) 

Term of Office 

Two years with the possibility of renewal for a second term. 

Committee Membership 

The Treasurer is automatically a member of the Executive Committee and will chair the Audit Committee if/when an audit is deemed necessary. 

Roles and Responsibilities 

OTSE’s Treasurer will offer guidance to the Executive Director in ensuring good fiscal planning, decision-making and oversight at a governance level. The Treasurer’s principle duties are to: 

  • Oversee the development of financial policies and their review by the Board 
  • Ensure that OTSE maintains adequate insurance to protect staff, Board members and volunteers
  • Assist Executive Director in the preparation of the annual budget and its presentation to the Board for review 
  • Review monthly credit card statements to ensure that all charges are appropriate
  • Review monthly financial statements prepared by OTSE’s bookkeeper for accuracy and make them available to the Board
  • Ensure that the Board regularly monitors the organization’s financial performance and alerts it to any important discrepancies between planned and actual expenditures
  • Ensure that the organization maintains the appropriate financial books and records and that these are accurate and up-to-date 
  • Ensure that government tax filings, remittances and reports (including Bureau of Workers Compensation true-ups) are submitted on a timely basis 
  • Ensure that payroll, vendor invoices and other liabilities are settled in a timely manner 
  • Serve as a signatory for OTSE’s checking account(s)
  • Verify that donations are handled appropriately and that grants and service delivery contracts are accounted for in accordance with the requirements of funders 
  • Ensure that OTSE and its Action Fund (OAF) maintain good records of fund transfers per their grant agreements
  • Assist the Executive Director in making financial decisions and keeping the board informed of important financial events and issues 

Qualifications 

  • Commitment to OTSE’s mission to repeal Ohio’s death penalty
  • A general understanding of nonprofit accounting and ability to read and understand profit and loss statements and balance sheets
  • An understanding of, and experience with, good financial management and reporting practices 
  • An appreciation of the kind and level of financial information needed at a board level to support decision making 
  • An ability to consistently commit the time required to fulfill the responsibilities described above

Filed Under: News

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