Board of Directors and Finance Committee Board Member
Board of Directors and Finance Committee Board Member
Posted on :
09-04-2025
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1 Vacancy
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Job Description
Position: Board of Directors and Finance Committee Board Member
Organization: Stellas Place Board of Directors
Location: Toronto ON (Hybrid/Remote options available)
Commitment: Parttime Volunteer Board Role 4year term renewable)
ABOUT STELLAS PLACE:
Stellas Place is a charity dedicated to supporting young adults (ages 1629 through accessible mental health services peer support and communitybased programs. Our mission is to provide inclusive evidenceinformed care that empowers young adults in their mental health journeys.
Mission: Partnering young adults and professionals to provide a collaborative innovative model of mental health services.
Vision: Healthy resilient young adults living the lives they choose.
Values: At Stellas Place we fundamentally value the capabilities and contributions of young adults as we seek breakthrough innovations that benefit our community and society as a whole.
Role Overview:
The Director Finance Committee Member is a key member of the Board of Directors with specific responsibility for supporting the Treasurer and actively participating in the Finance Committee. This role works closely with the Treasurer and members of the Senior management committee to ensure the financial sustainability of our charity and compliance of financial matters for charities under CRA rules for notforprofits. They oversee financial policies for both the operation and for gift acceptance planning and support a successful audit process. The Finance Committee Member will also provide recommendations and insights to the Board regarding financial matters.
Key Responsibilities:
- Attend and actively participate in board meetings relevant committee meetings and at least one Stellas Place community event per year.
- Actively champion Stellas Place and our mission while serving on the Board.
- Support the Treasurer in overseeing financial policies budgeting and fiscal management.
- Support the Treasurer and Senior Management in drafting gift acceptance tools and policies around endowments securities insurance policies use of reserves and matters financially material to maintaining charitable status.
- Participate in regular Finance Committee meetings to review financial statements reports and key financial decisions.
- Work with the Treasurer and management to ensure a smooth and successful audit process.
- Provide financial recommendations and insights to the Board regarding budgeting risk management and financial sustainability.
- Review and assess financial policies to ensure compliance with nonprofit financial best practices and legal requirements as needed.
- Assist in identifying financial risks and developing strategies to mitigate them.
- Offer guidance on fundraising and revenuegeneration strategies from a financial perspective.
Qualifications:
- Passion for mental health advocacy and commitment to Stellas Places mission.
- Experience in finance accounting nonprofit financial management or a related field.
- Understanding of financial statements audits and risk management in a nonprofit context.
- Experience with policy design and evaluation.
- Strong analytical and problemsolving skills.
- Ability to work collaboratively with board members and organizational leadership.
- Previous board or finance committee experience is an asset but not required.
- Valid Vulnerable Sector Screening required.
Commitment:
- Serve a fouryear term with the possibility of renewal.
- Attend bimonthly board meetings (virtual or inperson) and finance committee meetings as needed.
- Dedicate approximately 58 hours per month to board and financerelated activities.
- Make Stellas Place your charity of choice while serving on the Board and endeavour to financially support Stellas Place to the best of your ability in your capacity as Board Director.
- Attend at least one Stellas Place event per year.
- Participate in financial planning audit oversight and budget review processes.
- Open doors to your personal and professional networks with the aim of championing the Stellas Place mission and financial security.
Benefits of Serving:
- Contribute to the longterm success of mental health services for young adults.
- Make a direct impact on the financial health and sustainability of Stellas Place.
- Gain valuable nonprofit governance and financial management experience.
- Expand your professional network and collaborate with a passionate community.
How to Apply:
Interested candidates should submit a resume and a brief letter of interest outlining their relevant experience and motivation for applying to Applications are accepted on a rolling basis until the position is filled.
Join us in ensuring financial strength and sustainability at Stellas Place!
DIVERSITY EQUITY AND ACCOMMODATION:
Stellas Place is committed to having a workforce that is reflective of the diversity of the City of Toronto in general and of our participants in particular. We strongly encourage applications from racialized persons Indigenous persons persons with disabilities persons of diverse sexual orientation gender identity and gender expression and all those who can provide and contribute to diversification of perspective at Stellas Place.
Stellas Place is committed to recruitment practices that are inclusive and barrier free. Stellas Place will provide reasonable and appropriate accommodation during all stages of the hiring process in accordance with the Ontario Human Rights Code in order to ensure the equal and fair assessment of all job applicants. Applicants are asked to make any accommodation request in advance.
Required Experience:
Director
Employment Type
Volunteer
Key Skills
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