Treasurer

Role Title: Treasurer
Reporting to: The Board of Trustees
Responsible for: Oversight of the financial management of the charity, ensuring that 
the charity operates in a financially sustainable and transparent manner, in line with its 
mission, legal responsibilities, and good governance practices.
Purpose of the Role: The Treasurer is responsible for the financial leadership of the 
charity, ensuring robust financial controls, clear reporting, and effective budgeting. The 
Treasurer works closely with the Board and the Chair to safeguard the charity’s finances 
and ensure long-term financial stability. The role involves providing advice on financial 
matters to the board and ensuring the charity adheres to statutory financial reporting 
obligations.
Key Responsibilities:
1. Financial Leadership:
o Lead the board’s financial oversight, ensuring that all trustees understand 
the financial position of the charity and are equipped to make informed 
financial decisions.
o Oversee the development of the charity’s financial strategy, ensuring 
alignment with its mission and long-term goals.
o Provide financial input on major decisions involving investment, 
procurement, and expenditure.
2. Financial Reporting:
o Ensure that accurate and timely financial statements are presented at 
trustee meetings.
o Liaise with external auditors (if applicable) and ensure the charity meets 
all its financial reporting obligations, including the preparation and 
submission of annual accounts in line with charity law.
o Ensure proper documentation of all financial records and transactions, 
maintaining a transparent and auditable financial trail.
3. Budgeting and Forecasting:
o Monitor income and expenditure against the budget, providing timely 
updates to the board and recommending corrective actions when 
necessary.
o Ensure that financial forecasts are regularly updated to reflect changes in 
income or costs.
4. Cash Flow and Reserves Management:
o Monitor the charity’s cash flow and reserves to ensure it has the 
resources to meet its current and future obligations.
o Ensure that reserves are maintained in line with the charity’s reserves 
policy and recommend appropriate action if reserves fall below the 
minimum levels.
5. Risk Management:
o Ensure effective financial risk management processes are in place, 
identifying and mitigating key financial risks.
o Work with the board and senior management to review and manage risks 
related to the charity’s finances, investments, and assets.
6. Compliance and Legal Duties:
o Ensure that the charity complies with all relevant financial legislation, 
including charity law and any applicable tax laws.
o Oversee the preparation and submission of statutory returns, including 
financial accounts, tax filings, and funding reports.
o Ensure compliance with the charity’s financial policies and procedures.
7. Supporting Trustees and Staff:
o Work with the Chair and Trustees to ensure they have the support and 
systems needed to maintain effective financial management.
8. Representation:
o Where appropriate, represent the charity at meetings or events related to 
finance, investments, and fundraising.
Term of Office:
• The Treasurer is typically appointed for a term of two years, renewable by Trustee 
support.
• If the role is to be extended, a vote by Trustees is required as part of an open 
application process.
Remuneration:
• This is a voluntary role; however, reasonable expenses will be reimbursed in line 
with the charity’s policy