FINANCE, INVESTMENT AND AUDIT COMMITTEE – Seeking Volunteers
Volunteer Types: Accounting and Finance
Organization types: Community and Social Services, Poverty/Social Justice, Public/Society Benefit
Long term (6 months to a year)
Application Deadline: January 6, 2024
Posted on:
Description

The Shepherds of Good Hope (SGH) fosters hope and reduces harm in Ottawa by supporting people experiencing homelessness and vulnerable adults. Through our specialized services, programs, and partnerships, we help to address challenges with mental health, addictions, and trauma.

The Shepherds of Good Hope Foundation (SGHF) mission is to support the work of Shepherds of Good Hope through ethical, donor-centred fundraising, and to ensure sustainable financial management of the organization. The SGHF’s vision is funding homes, community, and hope for all.
The SGHF is responsible for all SGH fundraising activities, including direct mail appeals, online donations, events, and grant submissions.

The Shepherds of Good Hope Foundation (SGHF) is seeking volunteers for an initial two-year period (renewable) for the following Board of Director Committees:
Finance, Investment, and Audit Committee (FIAC)

The FIAC is a Standing Committee of the Board of Directors of the Shepherds of Good Hope Foundation. The role of the FIAC is to assist the SGH Foundation Board in fulfilling its oversight role with respect to financial, investment, and audit and controls across SGHF. The FIAC’s financial, investment and audit oversight role extends to all financial matters (policies, procedures and risks) within the SGHF.
The FIAC mandate includes the responsibility to:
 Assist the SGHF Board of Directors (Board) with monitoring the financial resources and to facilitate the Board’s understanding of financial information such as compliance with applicable laws and regulations and manage and report on the financial risks.
 Review and recommend for approval to the SGHF Board the annual audited financial statements.
 Recommend the appointment of the external auditor, at an appropriate fee, to the SGHF Board for approval.
 Best represent the interests of the SGHF Board with its investment portfolio.
 Assume other responsibilities and/or duties as requested by the Chair of the SGHF Board.

The FIAC is seeking individuals with strong demonstrated skills and a minimum of five years experience in one or more of the following categories:

1. Finance
A candidate, preferably a Chartered Professional Accountant (CPA), who has a minimum of five years experience in medium to long term forecasting and financial budgeting acting in a senior position as a volunteer or employee with a not-for-profit organization of small to medium scale operations. The candidate should be knowledgeable and competent in business matters, financial reporting, and internal control and audit.

2. Audit
A candidate, preferably a CPA, who has or is working in a CPA firm at the manager level overseeing the audits of commercial or not-for-profit organizations of a small to medium scale of operations.

3. Investments
A candidate who has a professional accreditation (CFA or CFP), or a minimum of five years experience with a professional investment firm. Ideally the candidate has worked with clients that are not-for-profit organizations with a revenue generation responsibility, an investment responsibility, and governed by an investment policy. The candidate should have a financial background and/or be an Investment Manager to provide an informed perspective on Investment Policy and Investment Performance matters.

4. Risk Management
A candidate who has a risk management accreditation (CRM), or a minimum of five years experience, in overseeing the risk management function in a small to medium scale of operations, ideally with a not-for-profit organization with a revenue generation component. The candidate should have experience in identifying, assessing, and managing risk exposures of small to medium scale of operations.

SGHF Board Committees do not have decision-making authority. Rather, they recommend motions for consideration at the SGHF Board. The composition of each committee consists of both board and non-board members, referred to as Community Members. Committee members should have demonstrated experience and expertise related to the committee’s areas of interest or have a keen interest in developing professional expertise in the area.

5. Qualifications:
Board Committee members must possess the following qualifications:
o Ability to spend sufficient time and energy in performing committee related duties (1-5 hours a month).
o Virtually or in person attend 4 – 6 meetings per year.
o Demonstrated integrity, high ethical standards and respect of privacy and confidentiality.
o Ability to distinguish between Board and Committee roles.
o Good communication, problem-solving and interpersonal skills.
o Ability to work collaboratively to reach consensus; and
o Demonstrated expertise or interest in the subject matters of the Committee of interest.

Expressions of interest should be submitted by email to Kelly Hicks ([email protected]) and should include a CV that outlines experience, qualifications, and interest. Applications will be assessed by the SGHF Governance Committee and the Board Committee Chairs.

Volunteer location:
This is a virtual opportunity. Our main office is at: 233 Murray Street, Ottawa

Contact

Kelly Hicks
@Shepherds of Good Hope
613-789-8210
Ext: 1331
Time it will take to contact applicants:
​2-3-weeks

Details

This position would be great for: Adults, Person with a disability or medical condition
Number of Positions Available: 1
Good for people interested in: Accounting and Finance
You will be helping with: Disadvantaged, First Nations, Métis, Inuit, Indigenous persons, Homeless, LGBTQI2+, Men, Persons new to Canada, Persons with disabilities or medical conditions, Seniors, Visible minorities or racialized persons, Women, Youth (19-24 years)

Volunteer Considerations

  • Police record check required
  • This position can accommodate persons with a disability
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