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Treasurer Rashed Ali Women & Children Development Foundation

Treasurer
Cornel Rashed Ali
Name: Rashed Ali Treasurer – Women & Children Development Foundation Role Overview: As the Treasurer of the Women & Children Development Foundation, Rashed Ali plays a critical role in managing and safeguarding the financial health of the organization. His responsibilities extend across all aspects of financial oversight, ensuring that funds are allocated efficiently and transparently to support the foundation's mission of empowering women and children. Key Responsibilities: 1. Financial Management and Oversight - Rashed is responsible for managing the foundation's budgets, ensuring that all financial transactions align with the organization’s strategic goals. He maintains oversight of both incoming and outgoing funds, tracking all expenditures and income to ensure compliance with organizational policies and relevant regulations. 2. Budget Preparation and Monitoring - One of Rashed's primary duties is to work closely with the executive team to prepare the annual budget. He also tracks monthly and quarterly expenses, offering financial insights and projections to guide the foundation’s decisions on program funding, operational costs, and new initiatives. 3. Financial Reporting and Documentation - Rashed prepares detailed financial reports, presenting them to the board and other stakeholders to maintain transparency and accountability. He also ensures all financial records are meticulously organized and stored, allowing for efficient audits and financial reviews. 4. Investment and Fund Allocation - As Treasurer, Rashed assesses the best opportunities for fund allocation to maximize impact while ensuring long-term financial sustainability. He evaluates potential investments and manages the foundation’s assets to support ongoing and future projects. 5. Audit and Compliance - Rashed coordinates with external auditors to perform regular financial audits. He ensures that the foundation adheres to financial laws, tax regulations, and donor requirements, building trust with stakeholders and upholding the foundation's credibility. 6. Financial Policy Development To enhance financial practices within the foundation, Rashed actively participates in developing and updating financial policies. He works to establish guidelines that streamline expense tracking, payment processing, and budgeting, promoting efficiency across departments. Skills and Competencies: Analytical Expertise: Rashed’s keen analytical skills allow him to interpret financial data accurately, aiding strategic decision-making. Attention to Detail: His meticulous attention to detail ensures precise and error-free financial records. Integrity and Transparency: He upholds the highest standards of ethics and integrity, demonstrating accountability in all financial matters. -Communication Skills: Rashed communicates complex financial information clearly, making it accessible to board members, team members, and stakeholders. Strategic Planning: His strategic approach to budget management and resource allocation supports sustainable development within the foundation. As Treasurer, Rashed Ali is committed to fostering a financially stable environment that enables the Women & Children Development Foundation to achieve its mission of transforming lives and uplifting communities. His expertise and dedication are invaluable assets to the organization’s growth and impact.