About this event

A strong working relationship between the CFO and Board Treasurer is vital for fiscal responsibility, strategic decision-making, and organizational sustainability. The people in these roles may struggle, however, with navigating the nuances of governance structures and communication dynamics. 

This training is designed for finance managers, board members, and nonprofit executives wanting to learn more about how financial stewardship impacts mission and organizational effectiveness. Together, we will explore practical strategies and tools to enhance collaboration. With the proper knowledge, resources, and support, CFOs and Treasurers will be better equipped to work together to manage an organization’s finances.

Key topics covered in this training include:

• Understanding Roles and Responsibilities: Clarifying the distinct roles of the CFO and the Board Treasurer within the organization’s governance framework and exploring how their responsibilities intersect.
• Building Trust and Communication: Strategies for fostering open, transparent communication between the CFO, Board Treasurer, and other stakeholders. Emphasizing trust-building and aligning financial goals with the organization’s mission.
• Financial Governance Best Practices: Exploring best practices in financial governance, including financial reporting, budgeting, risk management, and compliance. Highlighting the role of the board treasurer in overseeing financial policies and procedures.
• Strategic Planning and Decision-Making: Collaborating effectively on strategic planning initiatives and resource allocation decisions. Understanding how the CFO and Treasurer can work together to align financial strategies with organizational goals.
• Conflict Resolution and Problem-Solving: Strategies for navigating conflicts or disagreements between the CFO and Treasurer and fostering a constructive dialogue and problem-solving culture.
• Continuous Improvement and Evaluation: Establishing mechanisms for evaluation and feedback to continuously improve the CFO and Treasurer relationship and enhance financial management practices.

Thank You Sponsor and Funders

Partner Sponsor: Umpqua Bank
Foundation Supporters: Meyer Memorial Trust and M.J. Murdock Charitable Trust

Cost

$45 NAO Members
$75 Nonmembers
This event is NFMA Member Pass eligible.

If you have any questions or trouble registering, contact [email protected].