Board Member – Finance Background

Website WE CONNECT THE DOTS

Mission Statement

Our mission is to inspire and educate students in Science, Technology, Engineering, Arts, and Math (STEAM) careers. Through a collaboration with the community, education, government and the technology industry, WCTD provides awareness and education of the 21st Century workforce skills, as well as the opportunities available to students embracing STEAM careers. Impacting students at a local, national and global level, our programs create a hunger for learning that empowers students to find their own paths to success.

Description

The skills needed to succeed in todays complicated work environments challenge employers to find the resources with the right skills to be successful. We Connect The Dots will provide the necessary work skills needed for students to build strong careers in STEAM roles. By engaging in a partnership with communities, industry leaders, students and teachers, we will reduce the number of jobs that are filled by students outside the US. Creating a greater awareness to parents and students of the career possibilities and the skills necessary to succeed. Through an accelerated program and project based learning students will gain the experience that matches todays real world careers.

Position Overview

We are seeking an experienced and knowledgeable individual to join our Board of Directors. The ideal candidate for this position should possess a skill set comparable to that of a Chief Financial Officer (CFO). This role is crucial to our organization’s financial management, sustainability, and strategic decision-making. Board members are responsible for steering the organization towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies.

Responsibilities

  • Financial Oversight: Provide expert financial oversight and guidance to ensure the nonprofit’s fiscal health, compliance, and long-term sustainability.
  • Budgeting: Collaborate with the executive team and finance committee to develop and oversee the annual budget, ensuring alignment with the organization’s mission and goals.
  • Financial Strategy: Contribute to the development of the nonprofit’s financial strategy, including investment decisions, funding diversification, and risk management.
  • Risk Management: Identify and assess financial risks and recommend strategies to mitigate them effectively.
  • Financial Reporting: Review and approve financial reports, statements, and audits, ensuring transparency and accuracy to the board, donors, and other stakeholders.
  • Fundraising Support: Provide expertise and insight into fundraising strategies, donor relations, and grant applications to help secure necessary funds.
  • Compliance: Ensure compliance with all relevant financial and legal regulations, reporting requirements, and best practices.
  • Resource Allocation: Make recommendations on the allocation of resources to optimize the nonprofit’s impact while maintaining financial stability.
  • Strategic Planning: Participate actively in the organization’s strategic planning process, aligning financial strategies with mission and vision.
  • Awareness and Funding: Demonstrate a passion for transforming education and a commitment to bringing awareness to the impact our organization is making to support schools and communities with education programs that teach 21st-century workforce skills. Engage networks to drive awareness and funding sources to support the long-term sustainability of the organization.

Qualifications

  • Proven experience in a senior financial leadership role, ideally as a CFO or similar position.
  • Strong financial acumen and the ability to analyze complex financial data.
  • Knowledge of nonprofit financial management, including fund accounting and compliance.
  • Excellent communication and interpersonal skills.
  • Commitment to the organization’s mission and values.
  • Ability to work effectively in a collaborative team environment.
  • High ethical standards and integrity.

Board Terms/Participation: Board members will serve a two-year term, with the possibility of re-appointment for one additional term. Board meetings will be held quarterly, and committee meetings will be held in coordination with full board meetings.

Fundraising: WCTD Board Members will consider WCTD a philanthropic priority and make annual gifts that reflect that priority. WCTD expects to have 100 percent of Board Members make an annual contribution that is commensurate with their capacity to support the organization’s financial sustainability.

Note: This is a voluntary position without financial compensation. Board members are expected to serve in a fiduciary capacity and act in the best interests of the organization.

To apply for this job please visit www.volunteermatch.org.