Voluntary Honorary Treasurer To Join Our Board Of Trustees Volunteer Roles
Actively Interviewing
This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!
- Voluntary (expenses paid)
- Approximately 4-8 hours per month
- Meetings take place in Bromley, Greenwich, or virtually via Video Conference when required
Age UK Bromley & Greenwich are the leading older persons organisation in both boroughs. We are a local charity with over 80 staff and 250 volunteers we are seeking to add to the expertise of our experienced, professional Board of Trustees.
We are seeking an Honorary Treasurer, who will monitor the financial matters of the charity and report to the trustees on all matters relating to the financial health of the charity. You will be a qualified financial professional, with excellent communication skills and you will be able to work strategically as part of a supportive team.
This is an exciting time to join Age UK B&G as we begin the work on developing our new organisational strategy. With an increasingly ageing population, a continuing cost of living crisis and a post Covid environment which has highlighted the high levels of social isolation among older people, our services have never been more important.
The client requests no contact from agencies or media sales.
Main duties and responsibilities
In addition to fulfilling the duties of a trustee, the Treasurer will maintain an overview of the organisation’s financial affairs in line with good practice and in accordance with the governing document and legal requirements. The Treasurer will ensure that effective and appropriate financial measures, controls and procedures are put in place and report to the Board at regular intervals about the financial health of the organisation.
Key tasks
- Overseeing, approving and presenting budgets, accounts, financial statements and financial reports to the Board after discussion with the CEO and other senior staff
- In conjunction with the CEO and Finance Manager to plan the annual cycle of financial reporting to the Board and (where appropriate) to sub-committees and to set the agendas for the finance component of meetings.
- Advising the Board on the financial implications of strategic and business plans.
- Providing assurance to the Board that the financial resources of the organisation meet its present and future needs, and recommending corrective action where this is not the case.
- Lead work on the development and implementation of financial policies, including reserves and (where appropriate) investment
- Ensuring equipment and assets are adequately maintained and insured
- Liaising with the charity’s auditors and advising the Board on the appointment or re-appointment of auditors
- Making a formal presentation of the accounts at the annual general meeting and drawing attention to important points in a coherent and easily understandable way
- Liaising with the company secretary and director of finance and resources to ensure that the charities annual accounts are compliant with the current Charities SORP
- Keeping the board informed about its financial duties and responsibilities
The Treasurer also Chairs the finance and fundraising sub-group. FFSG is a principal group of the Staying Put board. Its principal objective is to assist the board to fulfil their functions by providing timely advice on areas within its remit. It is responsible for reviewing and overseeing the management and strategy of all finance and fundraising matters of the Staying Put group and includes the areas of audit and organisational risk.
Skills, abilities and personal qualities required
- Demonstrate relevant experience in financial management, preferably with a recognised accounting qualification.
- Ability communicate financial matters to non-financial colleagues so that all Trustees are able to fully understand the organisation’s finances, review options and make informed choices.
- Ability to analyse proposals and examine their financial consequences.
- Excellent communication and interpersonal skills
- Analytical ability and good independent judgement and strategic thinking which ensures continual improvement and may challenge the status quo.
- A willingness to speak their mind and engage in open debate while working effectively as part of a team
- To be honest and objective in their scrutiny of the organisation, seeking to ensure that the quality of service to clients remains paramount at all times.
- Understanding and acceptance of the role of a Board for a charitable organisation (including the legal duties, responsibilities and liabilities of trusteeship) and of the respective roles of the Chair, Trustees and the Chief Executive Officer.
- A commitment to the organisation and a willingness to devote the necessary time and effort to the role.
- A capacity to understand and empathise with the issues of concern for CAB.
- A commitment to Nolan’s seven principles of public life: selflessness, integrity, objectivity, accountability, openness, honesty and leadership.
Role description – Board Member
In broad terms, the five key responsibilities for Staying Put board members are:
1. To ensure that the charity has a clear vision, mission and strategic direction and is focused on
achieving these
2. Being responsible, with the CEO and other trustees, for the charity’s performance and culture
3. Ensuring the charity complies with all legal and regulatory requirements
4. Acting as guardians of the charity’s assets by taking due care of their security and proper use
5. Ensuring that the charity’s governance is of the highest possible standard
The client requests no contact from agencies or media sales.