Volunteer Treasurer of the Board of Trustees

What will you be doing?

Key Responsibilities: Budgeting and strategic financial planning

Ensure all strategic plans are financially appraised and budgets are aligned to both short-term and long-term objectives each year. Oversee planning/budgeting processes in conjunction with the Board and constructively challenge and modify where required.

Statutory Financial Reporting

Liaise with external agencies to create the annual accounts. Present the annual report and accounts to trustees for them to formally approve, ensuring they have been fully comprised of the contents.

Reserves Policy

Safeguard the organisation’s finances. Regularly assess the charity’s reserves position, keeping the board informed and advising whether this needs modification if financial circumstances change.

In relation to Governance

Lead the Board’s duty to ensure proper accounting records are kept, financial resources are controlled, and economically spent in line with governance, legal and regulatory requirements. Chair finance committees in line with terms of reference and report findings/developments back to the Board of trustees. Advise on the financial implications of the charity’s strategic plans and oversee the charity’s financial risk-management process.

Time Commitment:

The board meets a maximum of 4 times a year and the Treasurer is expected to be available for all meetings, in person or virtual – dates agreed in advance. The Treasurer will Chair the Finance Sub-Committee which meets on an ad hoc occasion. The Treasurer will be expected to carry out financial duties as outlined above throughout the year, specifically preparing the Annual Report & Accounts and reporting all financial activities to the Board.

What are we looking for?

Qualifications:

Qualified accountant with demonstration of not-for-profit awareness and knowledge Competent IT skills, with working knowledge of Xero (or similar accounting software) Proven ability to communicate and explain financial information to members of the board and other stakeholders. Analytical and evaluation skills, demonstrating good judgement. Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship, and the Treasurer role in particular Good communication and leadership skills Commitment to the organisation's mission, values, and ethical standards.

What difference will you make?

The role of Treasurer is so important to us- they will ensure our financial stability, enabling us to continue our vital work. They will also play a key role in shaping our strategic vision, helping us plan and achieve our long-term goals.