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Treasurer / Trustee

Remote
Unpaid role, expenses paid
Voluntary
Job description

Treasurer of the Board of Trustees

 Purpose

  • Oversee all financial aspects of the Charity on behalf of the Board of Trustees to evaluate our financial position and associated risks
  • Assist the Chair, other honorary officers, in ensuring that the Board of Trustees fulfils its duties and responsibilities for the proper financial governance of the charity

Main Responsibilities & Tasks associated with the role

In partnership with the Trustee Board

  • Ensure that the charity operates within the financial guidelines set out in current legislation by the Charity Commission, in the Charity’s Constitution and by the Board
  • Work with the Trustee Board to update and to test internally our financial management policies and procedures to support strong Governance and financial controls.  Responsibility for governance matters relating to insurance, payroll and pensions and appointment of external Examiner
  • Responsibility for the preparation of monthly management accounts, with information fed from bank records
  • Co-ordination of Banking arrangements on behalf of the Charity, including arranging payments relating to governance matters
  • Identify and bring to the attention of the Board any financial risks facing the Charity
  • Ensure the Charity’s financial resources are sufficient to meet current and future needs, advise the Board on the reserves policy, and to ensure that this policy is reviewed and monitored regularly
  • Protect and manage the property of the Charity and to ensure the proper investment of the Charity’s funds
  • Support the preparation of the proposed annual budget, cash flow forecasts and financial reports and scrutinise the decisions being proposed and advise and guide the Board accordingly
  • Review longer term forecasts of capital resources and of income and expenditure, and to review and monitor financial trends within the Charity
  • Management of the annual examination process, including communicating with, and meeting as required, the external Examiner
  • Chair or be a member of appropriate Board committees and internal working groups, as required
  • Attend the Trustee Board meetings, approximately 4 per year, and any Extra- ordinary meetings as required

To assist the Chair and other Trustees

  • By ensuring that the Board of Trustees fulfils its duties and responsibilities for the proper financial governance of the Charity
  • Keep the Board informed of its financial duties and responsibilities
  • Advise the Board on financial implications and operational risks arising from Board decisions, especially the Board’s strategic and policy decisions
  • Advise the Board on the financial strategy proposed, and review and monitor the financial strategy on behalf of the Board
  • Work with the Board to ensure financial information is presented in a way that facilitates good financial governance, and enables the Board to fulfil its legal and statutory responsibilities

Person Specification - Essential

  • A professional accounting background
  • Knowledge of financial regulations governing charities.  Experience of working with the charity sector is desirable
  • Able to commit sufficient time, (averaging 5 hours per week)
  • Ability to think strategically and forward plan
  • Ability to digest, present and critically evaluate a range of information, including written reports, statistics, and verbal communications
  • Willingness to challenge and engage in a collaborative manner
  • A current user of Microsoft Office software and awareness of social media platforms, used to support fundraising activities
  • Understand and is committed to diversity issues

 

 

Posted by
The Dream Factory View profile Company size Size: 6 - 10
Posted on: 26 October 2023
Closed date: 24 January 2024 at 23:59
Tags: Finance, Trustees

The client requests no contact from agencies or media sales.