Treasurer

The Prison Reform Trust is lookging for a new Treasurer, to maintain an overview of the Prison Reform Trust’s financial affairs. The Treasurer ensures that effective and appropriate financial measures, controls and procedures are put in place and reports to the Board at regular intervals about the financial health of the organisation.  

The Treasurer’s responsibilities are as follows:

1. Chairing the quarterly finance and fundraising subcommittee meetings, which includes regular reviews of; a. Financial statements (cash flow, management accounts — forecasts and budgets) b. Investments c. Financial management policies d. Risk register e. Fundraising progress f. IT function and security

2. Acting as signatory on bank accounts and on fundraising applications as needed (e.g. for National Lottery funding).

3. Liaising with external auditor through a meeting at audit time and as needed.

4. Overseeing the presentation of budgets, internal management accounts and annual financial statements to the Board of Trustees.

5. Ensuring that proper accounting records are kept, and that appropriate accounting procedures and controls are in place and support the development of policies covering financial reserves, and cost management.

6. Ensure accounts are as required by relevant statutory bodies, for example, the Charity Commission and/or the Registrar of Companies.

7. Monitoring and advising on the financial viability of the charity and ensuring investments and assets are maximised.

8. Perform additional duties and checks as tasked by the full board and/or report back to the full board on financial governance issues.

9. Advising on the financial implications of the charity’s strategic plan, including overseeing the charity’s financial risk-management process.

10. Keeping the board informed about its financial duties and responsibilities and liaising with the Chief Executive to develop the financial understanding of the Board of Trustees. In addition to the above, the Treasurer will also have the responsibilities and qualities of all trustees.