Description
The Treasurer oversees the financial health and integrity of Colorado Media Project, ensuring transparency, accountability and responsible stewardship of the funds entrusted to us. CMP began operating as an independent entity on July 1, 2026. The Treasurer guides the board through CMP's first full cycle of independent financial operations.
Financial oversight. Reviews financial statements with the executive director and operations staff. Monitors performance against budget andreports CMP's financial position to the board at each meeting in terms every member can follow.
Budget and planning. Leads development of the annual budget with staff and presents it for board approval. Advises on cash flow, reserves and ulti-year forecasting tied to multi-year funder committments.
Policy and internal controls. Oversees financial policies, signing authority and internal controls adopted for the independent entity. Recommends updates as the organization grows and staffing changes.
Audit and compliance. Serves as the board's point of contact for the annual audit or financial review. Confirms that tax filings, grant agreements and funder reporting obligations are met accurately and on time.
Grant funds and restrictions. Confirms that funds committed to grantees are tracked against donor restrictions, and that grant payments and reporting align with the terms of each funder agreement.
Board financial literacy. Makes sure the board understands what it is approving. CMP does not have a finance committee, so the Treasurer is the board's primary financial voice and works directly with the executive director and our accounting firm.
Requirements
Qualifications
- Strong financial literacy; accounting, audit or finance background preferred
- Comfort reading nonprofit statements, including restricted and unrestricted funds and functional expense
- Ability to explain complex financial information clearly to members without a finance background
- Commitment to transparent and ethical stewardship
- Familiarity with grantmaking or philanthropy is helpful, not required
Time commitment
- Board meetings every other month, six per year, held virtually
- Monthly financial review with the executive director, operations staff, and accounting partner
- Heavier load during budget season and the annual audit
- An in-person board retreat is under consideration for 2027
- About four to six hour a month
Term
- Officers are elected by the board and serve one-year terms, renewable
