Treasurer

KIDS DEVELOPMENTAL SERVICES LTD.:

Mission: To collaboratively create a developmentally appropriate and individualized educational program for each child that encompasses their strengths to support their areas of need, in a play-based and inclusive learning environment.

Vision: We believe that all children have unlimited potential; creative minds; and a playful nature.

Values: Teaching children and families to play, learn, and grow together.

MANDATE:

The Finance Committee of the Board of Directors of Kids Developmental Services (KDS) is responsible for the overall direction and control of the finances of the Organisation, including overseeing the Organisation’s budget, audit and financial statements.

DUTIES:

  • Oversee the financial systems, including internal controls, cash and payroll management, taxes, risk management and financial reporting
  • Together with the Executive Director, prepare the annual budget and make a recommendation to the Board of Directors with respect thereto
  • Together with the Executive Director, assist with the formulation and submission of the Annual Operating Plan (AOP) for submission to, and approval of, to Alberta Education and report to the Board of Directors with respect thereto
  • Supervise the preparation of, and review, the financial statements of KDS and make a recommendation to the Board of Directors with respect thereto
  • Oversee the annual audit, and any other financial audit or reviews of KDS as may be requested by Alberta Education
  • Confirm current KDS bank, external auditors and other financial consultants, or alternatively suggest, select and assess
  • Act as a resource for the Executive Director and other KDS finance and accounting personnel
  • Make regular monthly reports to the KDS Board of Directors
  • Perform such other activities related to this charter as requested by the Board of Directors

OTHER:

  • Appointed for a three-year term by the Board of Directors, comprised of a minimum of 3, but not more than 7 members.
  • The Chair of the Board of Directors shall be an ex-officio member of the Finance Committee.
  • Chair: Treasurer
  • Staff Support: Executive Director, Board Chair, Director of Finance
  • Meetings: Monthly, but not less than quarterly.