CHUNTA BOARD OF DIRECTORS
ROLE OF THE BOARD
As a whole, a board of directors is an elected or appointed group of people responsible for managing a company's operations. The board of directors represents and protects the interests of shareholders by making decisions that improve the company's stability. They also ensure the company is abiding by all relevant laws and regulations. They do this by creating and updating business processes and developing an organization's policies.
A board of directors typically includes experts in their field. Each member of the board uses their expertise to provide tailored advice and solutions to the company. This helps companies improve their processes and success.
President or Chair of the Board:
Primary duties: The chair of the board, also known as a chairperson or president, is the highest-ranking position on the board. They act as a liaison between a company's shareholders and its CEO/Manager. The chair of the board helps the board and CEO/Manager make decisions that improve the company's stability. They do this by fulfilling the following responsibilities:
- scheduling and leading board meetings
- offering opinions, ideas, or solutions to the board and having them vote to approve or decline them
- monitoring the company's profitability and stability
- representing the company in public, such as at charity events
- evaluating the performance of high-level managers
- hiring or appointing high-level managers
Vice-President or Vice-Chair of the Board:
Primary duties: A vice-chairperson/vice-president works directly under the chair/president of the board. They support the chair/president of the board by taking on the following responsibilities:
- establishing agendas for board meetings
- handling conflicts of interest among the board of directors
- acting as another point of contact when the chairperson/president is occupied
- preparing and presenting annual reports
- overseeing the work of the other board members
- completing any task the chairperson/president delegates
Treasurer:
Primary duties: A board treasurer must have a strong working knowledge of accounting as they prepare the company's financial reports. They ensure the board is updated and aware of the company's viability and stability. To do this, they take on the following responsibilities:
- preparing financial reports for each meeting
- updating meeting attendees about the company's earnings and expenses
- managing public funds
- making decisions about spending and investing
- helping to draft the company's annual budget for board approval
Secretary:
Primary duties: Board secretaries are responsible for many administrative and communication-related tasks. They also ensure the board and company is following national, provincial and/or territorial laws and regulations. Some of their responsibilities include the following:
- recording, documenting, and distributing meeting minutes
- ensuring the minutes are safe and accurate
- notifying members and shareholders of upcoming meetings
- keeping copies of the company's bylaws and policies to ensure everyone follows them
- recording board attendance during each meeting
Board Member:
Primary duties: Board members include anyone on the board that does not hold one of the previously mentioned positions. Some board members volunteer to be on the board and represent their department. Some departments elect a representative for the board. They should reflect the company's values when completing the following responsibilities:
- attending meetings regularly
- joining in with board discussions and offering their ideas or opinions
- voting on board matters
- making motions
Interview Process:
- Only shortlisted candidates will be contacted for an interview.
- Criminal Record Check
- Work/Personal Reference Check
Post closing Date: December 6, 2024
Applications can be emailed to: The HR Director at: HR@ulkatcho.ca