Treasurer

We are
seeking a committed individual with a proven, professional track record of financial
management and leadership at the highest level, and a sound understanding and
experience of the voluntary sector. We
need someone with significant experience of leading long-term strategic
development and driving financial sustainability.

You will share our vision and want to take a leading role in our
journey to be recognised as an outstanding organisation. Ideally, you
will be a Hammersmith & Fulham or North Kensington resident (or former
resident), or have a tangible, established and current connection with the area.

In addition to the general responsibilities of a trustee,
duties of the treasurer include the following.

1.
Chairing the Finance Sub-Committee

2.
Leading, approving and presenting budgets, accounts
and financial statements

3.
Being assured that the financial resources of
the organisation meet its present and future needs

4.
Overseeing the charity’s reserves policy

5.
Reviewing and presenting financial reports to
the board

6.
Overseeing the charity’s finance and accounting
policies, procedures and controls.

7.
Advising on the financial implications of the organisation’s
strategic plans

8.
Leading the charity’s investment policy

9.
Ensuring that there is no conflict between any
investment held and the aims and objects of the charity

10.
Monitoring the organisation’s investment
activity and ensuring it is consistent with the organisation’s policies and
legal responsibilities

11.
Overseeing the accounts, so that they are
prepared and disclosed in the form required by funders and the relevant
statutory bodies, for example the Charity Commission and Companies House

12.
Leading the scrutiny of the charity’s in the
manner required (independent examination or audit) and any recommendations are
implemented

13.
Keeping the board informed about its financial
duties and responsibilities

14.
Contributing to the fundraising strategy of the
organisation

15.
Making a formal presentation of the accounts at
the annual budget meeting (and AGM if required) and drawing attention to
important points in a coherent and easily understandable way

Ideally, the treasurer would have the following qualities.

• Fully
qualified chartered accountant / financial qualifications and experience

• Some
experience of charity finance, fundraising and pension schemes (desirable but
not essential)

• The
skills to analyse proposals and examine their financial consequences

• Being
prepared to challenge and make unpopular recommendations to the board

• A
willingness to be available to staff for advice and enquiries on an ad hoc
basis

• Good
communication and people management skills

Time Commitment

•
Treasurer commits to regular attendance at Board
meetings which are held 6 times a year.

•
Treasurer is expected to attend at least 4 of
the 6 meetings each year and those who fail to attend three consecutive
meetings without approval of the Board will be deemed to have vacated their
position.

•
The Treasurer will also be expected to attend
and Chair the meetings of the Finance Sub Committee.

Expenses

All Trustees are entitled to claim reasonable travel and
subsistence expenses in carrying out their duties as outlined in the Volunteer
Expenses Policy. This includes travel to and from meetings and
food/refreshments at evening or weekend events.

Any Trustee or connected person cannot be employed or
receive payment from the charity or any other financial benefit other than
reasonable agreed honorariums payments in line with the memorandum and articles
of association.

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