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Treasurer

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Job Description - Treasurer

Position Title: Treasurer


Employment Status: Part-time, Contract; Officer of the Board


Term of Office: May 1 – April 30 (12 months)


Remuneration: $2,000 per month


Hours of Work: Up to 20 hours per week


Work Arrangement: Hybrid (on-campus meetings and remote administrative work as operationally required)


Reports To: President, CCSAI


Works Closely With: Finance Team, Executive Director / CEO, Finance Committee, Board of Directors, External Auditors



Position Summary


The Treasurer is the financial governance officer of the Centennial College Student Association Inc. and serves as an Officer of the Board. The role is responsible for providing financial oversight, ensuring fiscal accountability, and supporting sound financial decision-making by the Board of Directors. The Treasurer chairs the Finance Committee and works closely with the Finance Team and Executive Director/CEO to monitor budgets, financial performance, and compliance with financial policies and regulatory requirements.



The Treasurer does not manage day-to-day accounting operations, which are the responsibility of staff, but provides strategic oversight, governance review, and fiduciary leadership on behalf of the Board and membership.



Eligibility Requirements 



  • Members of the President’s Executive Team must be current or former students (have graduated within two (2) years of the date of appointment) of Centennial College and must have been members of the Association (Class A or Class B) prior to appointment.

  • Candidates must demonstrate competency, relevant skills, and capacity to fulfill the responsibilities of the specific executive role to which they are appointed.

  • In addition, candidates for the President’s Executive Team must have previously contributed to the governance or leadership of the Association through at least one of the following roles:


                (a) Director or appointed representative to the Board of Directors;


                (b) member of a Board or Association committee, whether as an appointed member or                      volunteer observer;


                (c) executive member of a recognized student club or association; or


                (d) prior service as a member of the President’s Executive Team. 



  • Have prior experience with student governance, boards, or financial oversight roles.

  • Be eligible to work in Canada for the full term of the contract.

  • Demonstrated financial literacy and ability to interpret financial statements.

  • Experience with budgeting, audits, or financial committee work is considered an asset.



Core Responsibilities


1. Financial Oversight & Fiduciary Responsibility



  • Act as an Officer of the Board with fiduciary responsibility to safeguard organizational assets.

  • Review financial statements, variance reports, and cash flow projections.

  • Ensure financial decisions align with Board policy, budget approvals, and risk management frameworks.

  • Support the Board in fulfilling its financial oversight obligations under the Ontario Not-for-Profit Corporations Act (ONCA).



2. Finance Committee Leadership



  • Chair the Finance Committee and set agendas in collaboration with the President and Executive Director/CEO.

  • Guide budget development and financial planning processes for Board consideration.

  • Oversee monitoring of expenditures, reserves, and major financial commitments.

  • Ensure committee recommendations are properly documented and reported to the Board.



3. Budgeting, Audit & Compliance



  • Support annual budget preparation and presentation to the Board and membership where required.

  • Work with staff and external auditors during annual financial audits and reviews.

  • Ensure implementation and monitoring of Board-approved financial policies and internal controls.

  • Support financial reporting obligations to funders, regulators, and institutional partners as required.



4. Organizational Financial Strategy



  • Advise the Board on long-term financial sustainability and risk management strategies.

  • Support development of reserve policies and investment strategies in accordance with Board direction.

  • Provide financial input into strategic planning and major operational initiatives.

  • Flag emerging financial risks or pressures to the President and Board.



5. Reporting & Accountability



  • Provide regular financial oversight reports to the Board of Directors.

  • Ensure transparency of financial information to student members where appropriate.

  • Support timely response to financial inquiries from Directors and committees.

  • Maintain appropriate documentation of financial governance decisions.



Conduct, Ethics, and Professional Standards



  • Uphold CCSAI’s Code of Conduct and conflict-of-interest policies.

  • Maintain confidentiality of financial and personnel information.

  • Exercise independent judgment in financial oversight matters.

  • Act in the best financial interests of the organization and its membership.



Knowledge, Skills, and Competencies



  • Strong financial literacy and analytical skills.

  • Ability to interpret budgets, financial statements, and audit reports.

  • Strong organizational and committee leadership skills.

  • Clear written and verbal communication.

  • High level of integrity and accountability.



Performance Evaluation


Performance shall be evaluated by the President in accordance with Board-approved evaluation policies, including effectiveness of financial oversight, committee leadership, compliance with financial policies, and contribution to organizational sustainability.





We thank all those who apply but only those individuals selected for further consideration will be contacted. We are committed to meeting the needs of all individuals in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code. Should you require accommodations during the recruitment and selection process, please contact Human Resources.

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