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Treasurer And Trustees Volunteer Roles

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London, Greater London (Hybrid)
Unpaid role, expenses paid
Voluntary
Job description

MAMA Youth Project (MYP) aims to equip young people from 18-25 years of age with the skills and experience to secure long-term, fulfilling employment in the TV and media industry. We particularly focus on young people from under-represented groups and those with limited educational or employment opportunities, including unemployed graduates. We are committed to getting young people into employment and to bringing diversity to the media industry.

We are looking for a Treasurer / Trustee to help us to continue to change the lives of young people. The successful candidate will have a background in finance, strategy, governance and risk management.

As Treasurer, you will oversee the monitoring of the organisation’s finances on behalf of the whole board of trustees, to report regularly on them to the board, and to make sure that money and property are properly managed. You will ensure that bookkeeping, record keeping, and budgeting are done properly.

Key tasks of the Treasurer / Trustee

The treasurer will oversee the monitoring of the organisation’s finances on behalf of the whole board of trustees, to report regularly on them to the board, and to make sure that money and property are properly managed. They will ensure that bookkeeping, record keeping, and budgeting are done properly. This includes:

  • Ensuring proper systems are in place for budgeting, financial control and reporting;

  • Overseeing and monitoring procedures to reduce the risk of fraud; 

  • Keeping all trustees properly informed about the state of the organisation’s finances;

  • Ensuring financial reports to the trustees are comprehensible and properly discussed; 

  • Ensuring accounts and other financial reports are produced in the proper form and on time as required by other bodies (such as the Charity Commission); 

  • Overseeing the appointment and communications with auditors or independent examiners, according to legal requirements. 

  •  Monitor the overarching strategic management of the organisation’s financial resources, and report to the CEO and the board. 

  • Oversee the charity’s financial risk-management process and report financial health to the board of trustees at regular intervals. 

  • Act as a counter signatory for online banking and applications to funders.

Main Responsibilities 

  • Ensure all strategic plans are financially appraised and budgets are aligned to both short-term and long-term objectives each year. 

  •  Suggest alternative scenarios while evaluating strategic plans as part of the risk management process and as part of performance and reporting scenarios. 

  • Ensure a high standard of management accounting is maintained in order to support informed financial decisions and efficient management of daily operations. 

  • Support the COO  to prepare, produce and monitor the management accounts regularly. 

    Person Specification 

    Qualified accountant with demonstration of not for profit awareness and knowledge

  • Competent IT skills, with working knowledge of Xero 

  • Proven ability to communicate and explain financial information to members of the board and other stakeholders 

  • Analytical and evaluation skills, demonstrating good judgement 

  • Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship, and the Treasurer role in particular 

  • Good communication and leadership skills 

    Time Commitment 

    The board meets a maximum of 4 times a year and the Treasurer is expected to be available for all meetings, in person or virtual – dates agreed in advance. 
  • The Treasurer will Chair the Finance Sub-Committee which meets every month, and sit on the HR & Recruitment Sub-Committee as agreed in advance. 

  • Board meetings are conducted at either the Charity office or virtually, by prior agreement

Posted by
MAMA Youth Project View profile Company size Size: 6 - 10
Refreshed on: 11 April 2024
Closing date: 03 May 2024 at 23:59
Job ref: Treasurer/Trustee
Tags: Finance,Governance

The client requests no contact from agencies or media sales.