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Role

Treasurer

  • Location

    Stratford-upon-Avon

  • Sector:

    Caring, Later life, Social welfare

  • Contact:

    William Clemmey

  • Contact email:

    chiefofficer@municipal-charities.org.uk

  • Role ref:

    MC1

  • Published:

    about 2 months ago

  • Expiry date:

    02-10-2021

  • Client:

    Municipal Charities

TREASURER JOB DESCRIPTION

The Municipal Charities of Stratford-Upon charity has a long and detailed history of helping local people with housing via a number of charities set up by well-meaning bodies, philanthropic individuals and families connected with Stratford upon Avon. Over the years, a number of various charities have amalgamated resulting in the existing five separate almshouse charities. These comprise Guild Cottages; Shakespeare Court, Mary Newlands, John Roberts and St Joseph’s Homestead.

Our Mission is to provide low-cost, self-contained accommodation for older people of limited financial means. In all we offer accommodation to 47 residents. People are able to apply to become residents if they are financially deprived and all residents have limited savings and are almost all in receipt of housing benefit. Our philosophy is to encourage independent living. We also offer support to the residents through our two part time scheme managers. The scheme managers would regularly visit the residents in their own homes. We also run three or four outings each year for residents. We offer the residents support with benefit claims but also encourage their families to be involved.

We are seeking a treasurer to join our Board of Trustees and our Finance and Risk Committee

The overall role of the treasurer is to:

  1. Maintain an overview of the  Charity’s affairs
  2. Ensuring its financial viability
  3. Ensuring that proper financial records and procedures are maintained.

The Treasurer is a member of the Finance and Risk Committee and also a member of the Board of Trustees.

General Trustee responsibilities

  1. To act in the best interests of the charity in accordance with its objectives and complying with its governing deed, and current legislation and by developing and agreeing a long-term strategy. This includes having appropriate policies and procedures in place and ensuring the effective and efficient administration of the Charity
  2. To oversee the financial stability of the Charity by protecting and managing the finances and property of the Charity and ensuring the proper investment of its funds.
  3. To safeguard the reputation of the charity,
  4. To follow proper and formal arrangements for the appointment, supervision, support, appraisal and remuneration of the Charity’s staff.
  5. To monitor and evaluate the charity’s performance against agreed targets.

In addition to the above statutory duties, each trustee should use any specific skills, knowledge or experience they have to help the board of trustees reach sound decisions.

This may involve:

  1. Scrutinising board papers
  2. Leading discussions
  3. Focusing on key issues
  4. Providing guidance on new initiatives
  5. Other issues in which the trustee has special expertise

Additional duties of the treasurer

  1. In conjunction with the Finance Officer presenting budgets, accounts and financial statements
  2. Keep the Board informed about its financial duties and responsibilities
  3. Ensure appropriate accounting procedures and controls are in place
  4. Liaising with paid staff and volunteers about financial matters

 

  1. Support the Finance Officer with the preparation and presentation of financial reports to the Board
  2. Ensure that the accounts are prepared and disclosed in the format required by funders and relevant statutory bodies.
  3. Advise on the financial implications of the Charity’s strategic plans
  4. Monitor the Charity’s investment activity to ensure its consistency with its policies and legal responsibilities.
  5. Making a formal presentation of the accounts at the annual general meeting and drawing attention to important points in a coherent and easily understandable way
  6. Sitting on appraisal, recruitment (including that of the Finance Officer) and disciplinary panels as required

 

Treasurer person specification

Essential skills:

  1. Commitment to the organisation
  2. Willingness to devote the necessary time and effort
  3. Strategic vision
  4. Good, independent judgement
  5. Ability to think creatively
  6. Willingness to speak their mind
  7. Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship
  8. Ability to work effectively as a member of a team
  9. A commitment to Nolan's seven principles of public life: selflessness, integrity, objectivity, accountability, openness, honesty and leadership
  10. Financial qualifications and experience
  11. Some experience of charity finance    
  12. The skills to analyse proposals and examine their financial consequences
  13. Preparedness to make unpopular recommendations to the board
  14. Willingness to be available to staff for advice and enquiries on an ad hoc basis

Desirable skills:

  1. Some experience of fundraising and pension schemes