Who we are
HIWCF is an independent charitable foundation specialising in building funds and awarding grants on behalf of donors and fundholders. Our aim is to support the vital work of smaller charities, community groups and voluntary organisations across Hampshire and the Isle of Wight.
The role
The responsibilities of the Honorary Treasurer include:
· Chairing the Finance, Investment and Risk Committee (a sub-committee of the Board of Trustees) and reporting from that Committee to the full Board of Trustees
· Maintaining oversight of all HIWCF’s finances including investments, income and expenditure, budgets and management accounts
· Maintaining oversight of and strategic input into the management of HIWCF’s c£15M investment portfolios
· Ensuring that appropriate accounting procedures and controls are in place and adhered to
· Maintaining oversight of the key risks facing HIWCF and ensuring that appropriate mitigation measures are in place
· Presenting the Trustees Annual Report and Accounts at the Annual General Meeting
· Ensuring that the accounts are prepared according to the SORP and disclosed in the form required by the Charity Commission and Companies House
· Ensuring other Trustees understand their financial and compliance responsibilities
· Reviewing and selecting Auditors, and recommending their appointment to the Board of Trustees
· Maintaining oversight of relevant ad hoc projects
Person Specification:
In addition to the qualities needed by all Trustees, specific skills and experience required for our Honorary Treasurer are:
· A qualified Accountant
· Significant experience as an Accountant at a senior level
· Experience and understanding of charity accounting practices and principles
· Available time for working with the Finance manager and CEO, particularly on a quarterly and annual basis when preparing statutory and internal reporting, and when ad hoc issues arise
· Available time for attending four Board meetings per year, four Finance, Investment and Risk Committee meetings per year, and other ad hoc meetings with Trustees and/or staff as needed.
Supporting document(s)
- treasurer-description.pdf - Download