Treasurer

In 1991, philanthropist Esther Honens established The Esther Honens International Piano Competition Foundation in her hometown of Calgary with a gift of $5 million. Her dream was to discover and launch the careers of the world’s most promising emerging pianists—a dream that has become a highly renowned international success story. The Honens International Piano Competition takes place every three years and is regarded globally as one of the most prestigious events of its kind. The organization, with recent developments such as the appointment of Jon Kimura Parker as Artistic Director, continues to grow in both prestige and stature and to attract increasingly talented pianists.

 

Following a process overseen by three separate juries, the Honens Prize Laureate is awarded $100,000 (CAD) and a comprehensive artistic and career development program which includes debut recitals some of the world’s most renowned concert halls, residencies, recordings, and other significant career-building opportunities. The triennial competition is augmented by an annual four-day festival which provides meaningful community outreach with a balanced program of high-quality free and ticketed educational and concert events. The Honens Festival was named 2015 Festival of the Year at Tourism Calgary’s White Hat Awards in recognition of Honens’ efforts to enrich Calgary’s community spirit and raise its profile as a tourism destination on national and global scales.

 

The Treasurer of Honens will have expertise in accounting and finance and will normally hold a CA or CPA designation. The Treasurer is an unpaid member of the Honens Board of Directors.

 

Responsibilities of Treasurer

 

  • chairs the Finance Committee
  • ensures the timely presentation of interim statements and recommends for approval the annual financial statements, prepared in accordance with generally accepted accounting principles
  • reviews unaudited interim financial statements with management and, if appropriate, the external auditor, and approves, with the Finance Committee, any information in the annual financial statements prior to presentation to the entire Board of Directors
  • reviews, prior to issue or review by the Board, all official Foundation documents which may include financial statements and annual reports
  • monitors the external audit function and liaises with the external auditor as required
  • recommends the appointment of the external auditor and its remuneration
  • ensures the external auditor reviews and recommends changes to the systems of internal control to ensure they are in compliance with legal, regulatory, and ethical requirements
  • reviews Board expenses and, in absence of the Board Chair, the expenses of the President & CEO monitors and reviews emerging issues and proposed changes in accounting standards
  • reviews annually all insurance coverage
  • cyclically reviews controls and procedures