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

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.

• 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.

• 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).

• 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.

• 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.

• 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.

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