Board Director (Treasurer) and Finance and Audit Committee Chair (Volunteer Position)

The Foundation for Young Australians is looking for a new treasurer to support our movement. They will play a vital role leading the Finance and Audit committee supporting the organisations finances.

We are currently seeking someone with experience with finance and governance as our next treasurer

About FYA

The Foundation for Young Australians (FYA) exists to back young people. We provide the training, resources, and connections they need to create lasting change in the face of injustice. As the largest independent nonprofit dedicated to building the capacity, voice, and power of young changemakers, we work nationally with headquarters in Melbourne (Naarm) and teams based around the country.

Our work is guided by values of respect, equity, care, and impact. We are committed to shifting power to young people and building a future led by their vision.

About the FYA Board

FYA is governed by an elected Board of Directors who oversee the organisation’s strategic direction and performance. The Board is supported by subcommittees composed of Directors and subject-matter experts. To ensure young people are at the centre of our decision-making, the Board includes a number of Directors under the age of 26.

About the Finance and Audit Committee

The Finance and Audit Committee assists the FYA Board in meeting its legal and operational responsibilities by exercising due care, diligence, and skill in relation to financial management, audit processes, internal controls, statutory obligations, and the protection of assets.

The Committee oversees the annual audit process, reviews financial reporting and compliance, monitors income and expenditure, and provides input into contracts, commitments, and new opportunities. It also ensures effective risk management, cash flow oversight, and financial sustainability, while providing monthly reports and commentary to the Board.

Details of the role

What You’ll Do

As a Treasurer and Finance and Audit Committee Chair, your responsibilities will include:

  • Contributing to strategy-setting, resource allocation, and performance evaluation, providing financial advice on viability and risk.
  • Overseeing financial performance, investments, and risk compliance.
  • Chair and facilitate effective Finance and Audit Committee meetings and reporting rhythms.
  • Support and monitor the implementation of the budget.
  • Ensure financial sustainability, compliance and reporting.
  • Oversee and manage risk management frameworks.
  • Ensuring strong governance and compliance standards.
  • Safeguarding wellbeing and organisational culture, including FYA’s commitment to becoming an anti-racist organisation.

Commitments

Location: Board meetings are mostly online, with one or two in-person board meetings per year in Melbourne or Sydney. We will cover your travel expenses to attend. As the Finance and Audit Committee Chair, the meetings are flexible ( held online during business hours, Australian Eastern time).

Term: Board Director (Treasurer): Two years, with the option to continue (up to three terms). Finance and Audit Committee Chair: Two years, with the ability to be re-appointed

Time commitment: Around 6 hours every two months (4 hours for Board commitments and an additional 2 hours for Finance and Audit Committee). When you first join the Board, additional time will be required to learn about FYA, the Board and your role.

Remuneration: Voluntary role. Out of pocket expenses covered. In addition, an honorarium payment is available to remove barriers to participating. Chat to us for more information about this.

Who We’re Looking For

We’re looking for a person with knowledge, passion, and experience in organisations for young people and finance. You don’t need to have experience of being on a Board, as we’ll support you to understand what’s required of you.

It will be a bonus if you have experience in one or more of the following areas:

  • Organisations working with young people
  • Not-for-profit organisations
  • People and Culture
  • Philanthropy / Fundraising
  • Government relations
  • Impact measurement
  • Policy and advocacy
  • Legal qualifications
  • Finance qualifications (e.g. CPA or CA)
  • Management and development of investment portfolios
  • Governance and risk management
  • Financial experience in the not-for-profit sector
  • Finance qualifications (e.g. CPA or CA)
  • Experience with financial audits

We strongly encourage applications from First Nations people, people of colour, people with disability, people from LGBTIQA+ communities, and individuals with diverse lived experiences.

Key Requirements

  • A commitment to FYA’s vision and values
  • Accounting/finance acumen 
  • Experience or understanding of the role of a Treasurer to lead discussions and work in this space
  • Police Check and Working with Children Check (we will help you to obtain these if you’re appointed to the Board)
  • Director ID (mandatory requirement under the Australian Business Registry Services)
  • Able to attend meetings throughout the year
  • Capacity to contribute to strong governance

Why Join?

This is an opportunity to play a vital role in shaping the future of FYA and ensuring young people are supported to drive change. Directors are provided with onboarding support, learning opportunities, and reimbursement of travel and accommodation costs for in-person meetings. An honorarium is also available to remove barriers to participation. As a member of the Finance and Audit Committee, you will help ensure that FYA’s financial systems are transparent, accountable, and sustainable – enabling greater impact for young people.

Expression of interest form

We ask for some personal details in this form. These are collected for the purpose of contacting you about your application.

We will also use this information to add you to our mailing list to receive communications about our upcoming programs, events and opportunities. If at any time you wish to opt-out of receiving communications from us, you may unsubscribe using the link provided or email us at [email protected]

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