Newcastle upon Tyne
29 days ago
Reach Volunteering are working with Northern Learning Trust in the recruitment of a skilled finance professional to join their board as Treasurer.
- Monitor the financial standing of the charity and reports to the Board and CEO regarding financial matters and the overarching strategic management of the organisation’s financial resources.
- Oversee the charity’s financial risk-management process and report financial health to the board of trustees at regular intervals.
- Acts as a bank signatory and ensure that annual accounts are submitted to all relevant regulators in a timely fashion.
- Ensuring that the organsiation’s finances are responsibly managed/invested for the betterment of the organisation’s work and for the beneficiaries it serves.
Main Responsibilities of the Treasurer
In relation to Finance
Budgeting and strategic financial planning
- Ensure all strategic plans are financially appraised and budgets are aligned to both short-term and long-term objectives each year.
- Oversee planning/budgeting processes in participation with the Board and constructively challenge where required.
- Ensure a high standard of management accounting is maintained in order to safeguard assets.
- Liaise with Business Manager and trustees to prepare and produce management accounts regularly.
Statutory Financial Reporting
- Board level liaison with independent examiners on any issues in the independent examination process and related board representations.
- Guide and advise fellow trustees to formally approve the annual report and audited accounts.
- Explain technicalities of accounts in plain language which is fully understood by the trustees.
- Develop reserves policy and safeguard the organisation’s finances.
- Monitor the free reserves position and advise to cope with changing circumstances.
In relation to Governance
- Lead the Board’s duty to ensure proper accounting records are kept, financial resources are controlled, invested and economically spent in line with governance, legal and regulatory requirements.
- Advising on the financial implications of the charity’s strategic plans and overseeing the charity’s financial risk-management process.
- Lead in the development and implementation of financial reserves, cost management and investment policies.
- Qualified accountant with demonstrated commercial awareness and knowledge.
- Dedicated to the organisation’s cause and objectives.
- Competent use of IT skills.
- Proven ability to communicate and explain financial information to members of the Board and other stakeholders.
- Analytical and evaluation skills, demonstrating good judgement.
- Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship.
- Good communication and leadership skills
- Demonstrated knowledge and experience of charity and finance practices.
- Knowledge of charity SORP and impending changes.
- A team-oriented approach to problem solving and to management.
- Willing to act as the charity’s ambassador to external bodies, charities and companies.
What difference will you make?
The organisation is currently stable financially and has strong plans to grow which the successful candidate will help to oversee. By providing your financial support to the board you will be helping to ensure that the organisation continues to carry out its invaluable work in the community.
What’s in it for the volunteer?
You will be joining a supportive and collaborative board who are passionate about the work of the organisation.
- The Board meets at least 4 times a year at Cheviot House, Beaminster Way East and the Treasurer is expected to be available 4 times in a year
- Attendance at award meetings or fundraising meetings is optional
How to Apply
Applications must be made via Reach in the first instance. Please provide your CV, along with a covering letter stating why you wish to work for the organisation, how your skills would add value to the board and any other relevant information.