Finance Committee Member

Volunteer Position (1-year renewable term)

About Toronto Cat Rescue

Toronto Cat Rescue (TCR) is a volunteer-driven nonprofit organization dedicated to saving cats from situations of abandonment, homelessness, and imminent euthanasia. The Finance Committee supports TCR’s mission by ensuring strong financial planning, oversight, and stewardship of the organization’s resources.

Position Summary

Members of the Finance Committee provide strategic financial oversight and expert guidance to the Toronto Cat Rescue Board of Directors. As a standing committee of the Board, the Finance Committee ensures responsible financial planning, adherence to fiscal policies and proper reporting, while supporting the organization’s long-term sustainability.

Committee members work collaboratively to review budgets, monitor financial performance, support audit processes, and provide recommendations to the Board on financial matters, risk, and property-related decisions.

Key Responsibilities

Finance Committee members are expected to participate actively in the following duties:

Financial Planning & Oversight

  • Review the annual operating budget prepared by Management and make recommendations to the Board. Where required, the Committee member may help the Executive Director in developing the budget, although the Executive Director will provide the inputs and be responsible for assumptions.

  • Review monthly budget-to-actual financial reports and monitor overall financial health.

  • Evaluate and recommend authorized signing officers and banking arrangements.

  • Review investment management activities and provide recommendations to the Board to support optimal returns.

Compliance, Policies & Risk Management

  • Review compliance with applicable tax requirements.

  • Assess and recommend policies related to financial operations, budgeting, and capital expenditures.

  • Review and provide recommendations on proposed real property transactions, including leasing and disposal.

Audit & Reporting

  • Serve as the Audit Committee for TCR.

  • Review, recommend, and approve the annual selection of external auditors and the audit plan.

  • Review and endorse the draft audit report and present it to the Board for acceptance.

Committee Operations

Membership

  • Minimum of one Toronto Cat Rescue Director; external (non-Director) members may be added as required.

  • TCR’s Executive Director serves as a non-voting ex-officio member.

  • Committee is chaired by the Board Treasurer.

Term

  • One-year renewable term, beginning after the Annual General Meeting.

Meetings

  • Meets approximately quarterly, typically prior to quarterly Board meetings.

  • Additional meetings may be held at the request of the Chair, Committee members, or the external auditor.

  • Attendance and active participation are expected; members may submit written input when unable to attend.

Decision-Making

  • A quorum consists of two-thirds of voting members.

  • Consensus is preferred; where voting is required, decisions pass with 50% + 1 of members present.

  • Proxy or email voting is not permitted unless approved in advance.

Authority

  • The Committee may not direct staff or commit TCR resources without appropriate Board or Executive Director approval.

  • Accountable to the Board of Directors through the Committee Chair (Treasurer).

Qualifications & Skills:

Ideal candidates possess some combination of the following:

  • Experience in financial budgeting, accounting, auditing, investment management, or relatedfields.

  • Understanding of nonprofit financial management and governance.

  • Ability to analyze financial statements, budgets, and reports.

  • Strategic thinking and strong judgment.

  • Commitment to TCR’s mission and values.

  • Ability to collaborate effectively within a committee structure.

  • Previous board or committee experience (an asset, not required).

  • CPA designation (an asset, not required).

  • Experience with endowment management, investment oversight, or long-term financial planningfor nonprofit organizations is considered an asset but is not required


Toronto Cat Rescue (TCR) is committed to becoming reflective of the communities we serve. We strongly encourage equity seeking groups to apply and self-identify. In accordance with The Accessibility for Ontarians with Disabilities Act (AODA), we are also committed to providing a barrier-free work environment and will provide reasonable accommodations to applicants, upon request during the recruitment process.


Please send a cover letter and resume expressing your interest in applying, to the Board Chair at: kaybrenders@torontocatrescue.ca . The deadline to apply is January 9th, 2026. Interviews will be held in January and/or February.

Job Description