Responsibilities for our Volunteer Board Member - Asset Management include being responsible for the best use of Kaarakin’s assets in order to maximise value and to provide the best possible returns to Kaarakin.

The Asset Manager is to identify the need for and best possible use of assets and provides reports to the Board. The function of this asset Manager is to manage existing assets effectively in order to maximise growth potential and/or business continuity.

The new Asset Management Board member has the following objectives: • To understand fully and to create the means to meet Kaarakin’s exposures in creating a safe environment and obligations in Asset Management governance.
• To create processes and methods to manage assets and develop a suitable asset management system. • To create a plan for regular servicing of vehicles and other mobile assets.
• Responsible for all fixed and mobile assets that are used to maintain the operations of the centre.
• To identify and develop strategies to minimise loss and ensure asset protection • Working in conjunction other board members to establish relationships for the acquisition of infrastructure and asset materials -
• Create a program of works for asset 'lifespan' and forward planning of asset replacement
• Monitor compliance with regulatory requirements • Development of maintenance policies and procedures • Prepare and review quarterly asset management reports • Execute corrective measures when early warning signs exist on asset performance issues

Board members are expected to; • Have the financial acumen to read and understand the organisation’s financial statements and to otherwise help the board fulfil its fiduciary responsibilities,

• They must read board materials in advance of board meetings and to come prepared to ask questions and participate in discussions,

• Serve on one or more committees of the board and to actively participate in committee work.

• Play an active role in securing the financial resources necessary for the Kaarakin organisation to achieve its mission.

• Board members are expected to leverage personal relationships and connections to help the development committee and staff identify and solicit potential funders, as well as directly invest in Kaarakin’s work by making a personal contribution each year,

• Responsibly represent Kaarakin organisations to their respective communities and to advocate for the three organisation’s mission, programs, and services as appropriate. Board terms last for two years.