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Board of Trustees: Honorary Treasurer
Sufra N W London
  • Salary Unpaid role
  • Location Home-based,London, Greater London
  • Job Type Voluntary
  • Category Finance , Trustees
  • Sectors Social Welfare
  • Job Reference : HONORARY TREASURER

Job Description

Key Responsibilities 

  • Provide oversight of financial management and financial strategy in a way that is proportionate to the size of the charity, its growth and phase of development.

  • Contribute actively to the Board of Trustees' role in giving firm strategic direction to the organisation, setting overall policy, defining goals and setting targets and evaluating performance against agreed targets. 

  • Ensure that the organisation complies with its governing document, charity law, company law and any other relevant legislation or regulations. 

  • Ensure that the organisation pursues its objects as defined in its governing document. 

  • Ensure the organisation applies its resources exclusively in pursuance of its charitable objects. 

  • Monitor and manage financial risks such as liquidity and funding risks. 

  • Oversee the management of the charity’s property and the proper investment of the charity's funds.

  • Ensure end of year accounts are completed and submitted in a timely fashion, in accordance with the Charity Commission and Companies House requirements. 

  • Contribute to relevant subcommittees and working groups.

  • Promote Sufra NW London to a wider audience of potential supporters and members/guests 

Specific Duties

  • Work with the Finance Manager to oversee budgets, accounts and financial statements. 

  • Ensure that the financial resources of the organisation meet its present and future needs. 

  • Ensure that the charity has appropriate reserves and investment policies. 

  • Work with the Board to develop an Ethical Investment Policy.

  • In consultation with the Finance Manager, prepare and present financial reports to the Board. 

  • Build and maintain a strong working relationship with the charity’s staff and trustees.

  • Advise on the financial implications of the organisation's strategic plans. 

  • Ensure the organisation's compliance with legislation. 

  • Ensure that any assets are adequately maintained and insured. 

  • Keep the Board informed about its financial duties and responsibilities. 

  • Contribute to the fundraising strategy of the organisation.

  • Making a formal presentation of the accounts at the end of the financial year and draw attention to important points in a coherent and easily understandable way.

Time Commitment & Location  

  • The Board has four Board Meetings a year and approximately four Interim Meetings a year.

  • Trustees spend between 8-12 hours each month on Board activities and meetings. 

  • Board Meetings are held at the organisation’s premises and online (Zoom or MS Teams) 

The client requests no contact from agencies or media sales.