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Finance Volunteer Roles in South West

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Page 2 of 5
Remote
Unpaid role, expenses paid
Voluntary
Job description

This role is one of two Trustee positions on the Board providing oversight of the Trust’s finances and financial management. In addition to the general duties of trustees (more information here), the role involves:

· Monitoring the financial standing of the charity.

· Ensuring that the charity’s finances are managed responsibly.

· Overseeing the reporting of the financial health of the charity to the Board of Trustees and of the charity’s financial risk-management process.

· Providing general support and oversight for the effective running of the Trust as a member of the Board of Trustees.

The role may also include chair responsibility for the Trust’s Finance Committee (not essential).

Specific Finance Responsibilities – in conjunction with the Chair of the Finance Committee

Scrutiny of papers produced by the Head of Finance & Operations (HoFO) and the wider Senior Management Team in the following areas:

Budgeting and strategic financial planning

  • Ensure that strategic plans are financially appraised and that implementation plans are aligned with budgets.
  • Provide constructive challenge to the annual and longer-term budget and forecasting processes.
  • Ensure transparency and accountability in resource allocation.

Management Reporting

  • Ensure that a high standard of management accounting is maintained.
  • Liaise with the Chair of the Finance Committee to guide the HoFO in the preparation and production of high quality management accounts to the Board.

Statutory Financial Reporting

  • Ensure the finalisation of statutory financial accounts by the HoFO in line with charity regulations and statements of recommended practice and the completion of the external audit process. Assist fellow trustees to formally approve the Trustees’ Annual Report and Annual Accounts

Reserves Policy

  • Review the reserves policy.

Keep the Board informed regularly of the free reserves position and advise on strategies for coping with changing circumstances.

Governance and Financial Control

  • Ensure that proper accounting records are kept, financial resources are controlled, invested and economically spent in line with governance, legal and regulatory requirements.
  • Attend quarterly Finance Committee meetings and support the Chair of the Finance Committee in reporting financial matters to the Board of trustees.
Posted by
Bumblebee Conservation Trust View profile Company size Size: 21 - 50
Posted on: 22 April 2024
Closing date: 16 May 2024 at 10:00
Tags: Finance

The client requests no contact from agencies or media sales.