Robust Financial Management System for Play Forever

Fermé
Play Forever
Richmond Hill, Ontario, Canada
Mohammed Al-Salem
Founder & Executive Director
(101)
4
Projet
Expérience académique ou travail rémunéré
200 heures par apprenant.e
Apprenant.e
N'importe où
Niveau Avancé

Portée du projet

Catégories
Services financiers Investissement Risque, audit et conformité
Compétences
financial statements financial management financial controls budget development budgeting decision making
Détails

The main goal of this project is to implement a robust financial management system for Play Forever, including financial controls, budgeting, and reporting processes, to ensure the organization's financial health and sustainability.

Livrables
  1. Review and assess Play Forever's current financial management practices, identifying areas for improvement and potential risks.
  2. Develop and implement financial controls, policies, and procedures to safeguard the organization's assets, ensure compliance with applicable laws and regulations, and support effective decision-making.
  3. Establish a comprehensive budgeting process, including guidelines for budget development, monitoring, reporting, and periodic reviews to ensure alignment with strategic objectives.
  4. Create financial reporting templates and systems to track revenue, expenses, cash flow, and key financial indicators, providing regular updates to the board, staff, and other stakeholders.
  5. Train staff and board members on financial management best practices, including their roles and responsibilities in financial oversight and the use of financial reports for decision-making.
  6. Continuously monitor the organization's financial health, providing recommendations for improvements and adjustments as needed.


Mentorat
  1. Dedicated staff support and access to relevant financial data and documents.
  2. Regular meetings and communication to provide guidance and feedback.
  3. Access to financial management tools and software used by the organization.


À propos de l'entreprise

Entreprise
Richmond Hill, Ontario, Canada
11 - 50 employé.es
Non-profit, philanthropic & civil society

Play Forever is a non-profit organization providing structured and accessible recreation, education & mental health services to the youth of Toronto, Ontario. Play Forever currently serves youth ages 6- 29 with weekly programs, primarily focused on helping youth from marginalized communities and low-income families.