What are the responsibilities and job description for the Volunteer Treasurer position at New Eyes?
Founded in 1932, New Eyes is a nationally recognized 501(c)(3) nonprofit with a 4-star Charity Navigator rating. Our mission is to provide the transformative tool of eyeglasses to children and adults who cannot afford them on their own — providing clear vision, opportunity and hope for families in financial need across the United States.
New Eyes operates a prescription eyeglass e-voucher program for low-income individuals in the U.S. The organization depends on a dedicated Board of Trustees, a small professional staff and volunteers to help thousands every year.
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Role Overview
The Treasurer is an officer of the Board of Trustees and serves as the Board’s primary steward of New Eyes’ financial health. The Treasurer leads the Finance Committee, provides financial oversight and transparency, and ensures the Board has the information needed to make sound strategic decisions. This is a volunteer position.
Core Responsibilities
Financial Oversight
Budgeting & Financial Planning
Required
The Treasurer serves a one-year term, renewable annually by Board vote. Board service overall requires a minimum of a three-year term.
The Treasurer typically commits approximately 3–5 hours per month, which includes
New Eyes operates a prescription eyeglass e-voucher program for low-income individuals in the U.S. The organization depends on a dedicated Board of Trustees, a small professional staff and volunteers to help thousands every year.
,
Role Overview
The Treasurer is an officer of the Board of Trustees and serves as the Board’s primary steward of New Eyes’ financial health. The Treasurer leads the Finance Committee, provides financial oversight and transparency, and ensures the Board has the information needed to make sound strategic decisions. This is a volunteer position.
Core Responsibilities
Financial Oversight
- Provide ongoing oversight of all NEN financial accounts, transactions, and records.
- Review monthly reconciliation reports prepared by outsourced accounting firm.
- Serve as primary Board liaison to the outsourced Accounting firm and the outsourced Investment Advisory firm; coordinate with the Executive Director on vendor management and communication.
- Hold check signing authority as required for operational and fiduciary purposes.
- Ensure appropriate internal controls are in place to safeguard organizational assets.
Budgeting & Financial Planning
- Collaborate with the Executive Director and Finance Committee to develop and recommend the annual operating budget.
- Monitor actual financial performance against budget throughout the year.
- Provide financial analysis and recommendations to support strategic planning and Board decision-making.
- Review and advise on financial reporting requirements.
- Present a financial report at every Board of Trustees meeting.
- Ensure financial statements and reports are accessible to Board members.
- Translate financial data into clear, actionable information for non-finance Board members.
- Flag any significant financial concerns, variances or risks to the Board in a timely manner.
- Chair the Finance Committee, setting agendas and leading meetings.
- Recruit and engage committee members with relevant financial expertise as appropriate.
- Present Finance Committee’s recommendations on financial policies to the full Board.
- Ensure committee work is aligned with organizational goals and regulatory requirements.
- Oversee the annual audit or financial review process in coordination with the Executive Director.
- Review the annual audited financial statements and Form 990 prior to filing and present findings to the Board.
- Ensure compliance with all applicable federal, state and local financial regulations governing nonprofits.
- Maintain awareness of best practices in nonprofit financial governance.
Required
- Background in accounting, finance, nonprofit financial management, or a closely related field — with demonstrable ability to read, interpret, and present financial statements, including audited financials and IRS Form 990.
- Strong organizational skills and attention to detail.
- Commitment to the mission of New Eyes and the people we serve.
- Ability to attend 5 Board meetings and monthly Finance Committee meetings each fiscal year.
- CPA, CFA, MBA, or equivalent professional credentials.
- Prior experience in nonprofit financial management or board service is a plus.
The Treasurer serves a one-year term, renewable annually by Board vote. Board service overall requires a minimum of a three-year term.
The Treasurer typically commits approximately 3–5 hours per month, which includes
- Attendance at full Board meetings (typically 5 per year).
- Finance Committee meetings (approximately monthly or as needed).
- Monthly review of financial statements, reconciliations, and account activity.
- Annual budget process and audit/990 review.
- Occasional email or phone availability between meetings to advise staff and Board colleagues on financial matters.