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Position Title: Treasurer Trustee
Location: Hope Nottingham CIO
Reports To: Board of Trustees
Term: 3 year term up to a maximum of 3 terms
Time Commitment: Bi-monthly evening Board Meetings in Beeston, Nottingham. Monthly review of financial reports, ongoing auditing through spot checks. Bi-monthly finance sub committee meetings, can be online or in person in day or evening to suit the right candidate.
Hope Nottingham began as a small drop-in café, with a dozen volunteers in 2010. It has now grown to encompass 2 community hubs, a network of foodbanks, with eleven staff and 350+ volunteers. We support communities across Nottingham, seeking to offer holistic and life changing support to thousands of people. We hold the East & West Nottingham Trussell franchise and partner with many churches and organisations such as Citizens Advice.
If you are looking to make a real difference in your community, this could be the opportunity for you! Now in our 15th year, Hope Nottingham seeks a new Treasurer. With the other Trustees, you will be responsible for our overall governance, strategic direction, and our financial health and activities. Whether you are an experienced Trustee, or wanting to take your first step at Board level, we are particularly keen to recruit members of the local community with financial skills. We have a strong Senior Leadership team, are in a good position financially and have recently invested in an external independent financial review, with the need for a Treasurer being the main recommendation. Could you be the right person to join our team? We are a Christian charity but welcome those of all faiths or none, we just ask that you will uphold our Christian values. We are also always looking to increase the diversity of our board.
Overview of role
The Treasurer is a key member of the Board of Trustees. In addition to their general trustee duties, they are responsible for overseeing the financial governance and health of the charity. This includes ensuring (via auditing and review) that the charity's finances are well-managed, transparent, and in compliance with legal and regulatory requirements. The Treasurer works closely with the Chief Executive Officer, and other members of the Board to ensure sound financial planning, risk management, and reporting. The Treasurer also leads the Finance Committee and reports to the trustees on all financial aspects of Hope.
Key Responsibilities (with specific tasks highlighted in italics)
1. Financial Oversight and Governance
- Ensure the charity has appropriate financial policies and procedures in place to safeguard its financial resources.Review the financial controls policy and manual at least annually
- Keep the Board informed of its financial duties and responsibilities
- Provide leadership in setting and maintaining high standards of financial governance and accountability.
- Ensure the charity operates within its budget and is managing resources efficiently, while safeguarding its long-term financial sustainability. Review of monthly financial reports with the CEO before the Finance Committee meeting.
- Act as a bank signatory and oversee banking procedures Authorise payments as required, review bank reconciliations and approve mandate changes
2. Budgeting and Financial Planning
- Oversee and approve the annual budgeting process, ensuring that financial planning supports the charity’s strategic goals. Review and input into annual draft budget with CEO and finance committee members
- Provide advice and guidance to the Board on financial matters, helping trustees to understand financial reports and implications of financial decisions. Input into finance sub-committee meeting and report back to Board
- Review and approve the budget and financial forecasts, ensuring they align with the charity’s priorities and objectives and financial position. Review performance against budget through the year via monthly financial reports
3. Financial Reporting
- Oversee the preparation of regular financial reports ensuring they are accurate, timely, and in line with the charity’s financial policy. Review financial reports presented by CEO before discussing at the Finance Committee meeting and presenting a summary report to the trustees
- Present financial updates to the Board of Trustees, highlighting any concerns or issues that need attention.
4. Audit and Compliance
- Monitor cash flow, income, and expenditure, ensuring that the charity remains financially solvent and sustainable.
- Oversee Quick Books access Treasurer has administrator level access and approves users and their access
- Oversee bank reconciliationsCEO completes reconciliation after end of month and informs Treasurer for their sign off
- Oversee the payroll process to ensure staff payments, PAYE and pension are processed and reported as required CEO will report by exception as payments generally do not change save for contract or pay change, minimal overtime. Treasurer has access to BrightPay and TPT Pension portal and can view any documents there.
- Oversee the annual audit process, liaising with external auditors when required and ensuring the charity’s financial statements are audited in a timely and accurate manner. A shared mailbox is used for all audit communications to keep Finance Committee in loop of any queries. Any meeting with auditor, Treasurer to attend.
- Review the audited financial statements for accuracy and recommend their approval to the Board at the Annual General Meeting. Draw attention to important points in an easily understandable way and sign off when audit is completed by the external auditors
- Ensure compliance with all relevant laws and regulations, including charity law, tax law, and Charity SORP financial reporting standards, including charity accounts being kept up to date on Charities Commission website. Review and keep up to date with Charity SORP requirements
5. Risk Management
- Identify financial risks and develop strategies to mitigate them.Review Financial risks on risk register quarterly and as part of finance sub committee
- Ensure that the charity has appropriate insurance and other safeguards in place to protect its assets. Review insurance requirements with the CEO a month before renewal date to ensure we have adequate cover in place and to obtain alternative quotes if appropriate
- Advise the Board on the management of financial risks and any significant financial challenges facing the charity.
- Review any substantial or complex grant terms
6. Fundraising and Income Generation
- Input into and provide financial oversight of fundraising activities and income generation strategies, ensuring they align with the charity’s financial goals. Input into and review fundraising strategy and review effectiveness on quarterly basis
- Advise on the viability of fundraising campaigns and the allocation of resources to maximise financial returns.
- Assist in ensuring that fundraising activities comply with legal and regulatory requirements.
7. Financial Strategy and Sustainability
- Contribute to the long-term financial strategy of the charity, helping to ensure its financial sustainability.
- Ensure the charity has an appropriate reserves policy Review reserves policy and reserves calculation annually
- Advise on diversification of income streams and opportunities to strengthen the charity’s financial position. Review income streams quarterly to highlight opportunities or risks e.g. individual / corporate / grants
- Help develop investment strategies and manage assets in line with the charity’s financial objectives, legal responsibilities and values. Review bank interest rates annually. CEO to notify on changes to interest rates or bank charges as received
8. Chair the Finance Sub-Committee
- Act as the Chair of the Finance Sub-Committee, leading agenda, discussions and decision-making on financial matters. A pre-meeting with the CEO and treasurer is required so fully informed in advance of committee meeting.
- Ensure that the Finance Sub-Committee operates effectively, reporting regularly to the full Board.
Candidates are welcome to arrange an informal chat and visit with the CEO in the first instance.
Registered Charity 
11 - 20
Thank you!
The Sutton Trust is at a pivotal moment in its development. For nearly three decades, we have been the UK’s leading voice on social mobility, working tirelessly to break the link between socio-economic background and life chances. Today, that mission is as urgent as it has ever been. Despite pockets of progress, social mobility in the UK remains low by international standards, with deep inequalities in education, access to professions, and regional opportunity continuing to limit life chances and economic potential.
We are seeking a Trustee with policy expertise who shares our commitment to fairness, evidence, and long-term change. We value diversity of thought and experience, and we are keen to hear from those who can help us navigate an evolving political landscape and leverage our research to challenge systemic barriers, ensuring our voice remains the most influential in the national drive to transform social mobility.
Duties and Responsibilities of a Trustee
Policy Responsibilities
- Providing oversight for the charity’s research and advocacy, ensuring the Trust’s work is mission-aligned, evidence-based, and intellectually rigorous
- Supporting the Board in discharging their collective duties around planning, risk and compliance, particularly in areas such as horizon scanning for upcoming legislative changes, political shifts and shifts in social trends affecting the Trust as well as specific regulations around political neutrality
- Leveraging their professional networks and expertise, enhancing the charity’s credibility and influence, ensuring our research translates into meaningful systemic change
General Responsibilities
- Inputting into and agreeing the Trust’s vision, mission and values and providing advice on the Trust’s wider purpose, goals and activities
- Inputting into and agreeing the Trust’s aims and long-term strategy in furtherance of its charitable purpose
- Ensuring key risks are identified, monitored and controlled effectively as well as keeping abreast of changes in the Trust’s operating environment
- Monitoring the Trust’s performance against its strategic aims, operational plans and budgets
- Safeguarding and promoting the Trust’s reputation, and acting in the best interest of the Trust at all times
- Ensuring the financial stability and sustainability of the Trust
- Ensuring the effective and efficient administration of the organisation, including having appropriate policies and procedures in place
- Ensuring proper arrangements are in place for the appointment, supervision, support, appraisal and renumeration of the CEO and they are held to account
- Contributing to regular reviews of the Trust’s own governance
- Ensuring the Trust complies with its governing documents, charity law, company law and any other relevant legislation or regulations
In addition to the above statutory duties, each Trustee should use their specific skills, knowledge and experience to contribute to the Board’s decision-making, and dedicate sufficient time to carry out their responsibilities effectively. This may involve sitting on Board Committees, scrutinising board papers, leading discussions, focusing on key issues, providing advice and guidance on new initiatives, or other issues in which the Trustee has special expertise.
Trustees aim to support a specific member of the SLT based on their skills and experience or may participate in appropriate subgroups, e.g., Alumni Leadership Board, Education Advisory Group, (Development) Board meetings, etc.
Person Specification
Mission and Values
- Sympathetic to the aims of the Trust and its mission to address educational disadvantage
- High level of personal and professional ethics, integrity, and accountability
- Willingness to safeguard and promote the Trust’s reputation within the wider sector
Strategy and Interpersonal Skills
- Ability to think strategically in order to provide appropriate oversight and scrutiny for the Trust’s overall activity and direction
- Ability to confidently and fairly make evidence-based decisions and constructively challenge the decisions of others if required
- Ability to collaborate and work as part of a team to provide advice, make decisions, and/or solve problems
- A commitment to personal development and a willingness to participate in regular reviews of the Board’s own performance and governance
Governance, Risk and Finance
- Understanding of the legal duties of a Trustee (or willingness to learn), including compliance with Charity Commission and Companies House regulations and commitment to the roles and responsibilities of a Trustee
- Awareness of (or willingness to learn about) financial health indicators and organisational risk management
Specialist Expertise and Experience
- A background in public affairs, civil service, think tanks, education sector organisations or senior policy or research roles in (education) charities
- Strong understanding of how UK government (at local, regional or national level) and/ or the UK education sector works
- Strong influencing and communications skills with the ability to lead discussions, provide expert advice, and influence stakeholders in a professional manner
- Good understanding of how to translate policy jargon into clear, strategic advice for the wider Trustee Board
Interviews
Applications should reach us by 10am, Monday 30th March. First round interviews will take place on Wednesday 15th and Thursday 16th April, and second round interviews will take place w/c 27th April or w/c 4th May. All interviews will be held at our London offices in Millbank Tower.
The client requests no contact from agencies or media sales.