Seeking Board Members from Toronto’s Highly Diverse Neighbourhoods including Treasurer
Treasurer position
The Toronto Council on Aging is led by the grassroots wisdom of older adults. We are committed to
educating widely, representing and serving diverse populations, providing leadership, and aiding in the
development of an age-inclusive city by building collaborative networks.
Time Commitment
Up to 20 hours per month (board meetings, meetings with Administrative Coordinator, and committee meetings)
Term of Office
3 years with the possibility of renewal for a second term. The Treasurer is also a member of the Board of
Directors.
Roles and Responsibilities
The treasurer will offer guidance to the Administrative Coordinator and provide advice to the board. The treasurer
will participate in fiscal planning, decision-making, and oversight at a governance level.
Principle duties include:
Oversee the development of high-level financial policies and their review by the board
Support the Administrative Coordinator in the preparation of the annual budget, quarterly and year-to-date
reports for review
Ensure that the appropriate monthly or quarterly financial statements are reviewed by the board
Ensure that the board regularly monitors the organization’s financial performance and health and takes any
actions as needed
Ensure that government tax filings and remittances are submitted on a timely basis
Serve as a co-signer of cheques with at least one another signing officer
Verify that donations are handled appropriately and that grants and service delivery contracts are accounted
for in accordance with the requirements of funders
Meet with the external auditor as required to support financial oversight and record-keeping
Recommend to the board the need for a review or renewal of the auditing services provided
Inform the board of important financial events, trends, and issues relevant to the organization
Qualifications
Commitment to the organization’s mission and strategic directions
Experience with bookkeeping and financial management software
A professional accounting designation is required (CPA)
Familiarity with non-profit accounting, preparation of T3010 charity return filing, and GST/HST return
preparation for public service bodies is an asset
Please email your cover letter and resume to admin@torontocouncilonaging.com with the subject line Board Treasurer with your last name and first name by Friday, June 30, 2023.
