- Salary Unpaid role
- Location Home-based,London, Greater London (Hybrid)
- 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.