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Role

Trustee - Finance Lead

Job Title: Trustee - Finance Lead
Contract Type: Contract
Location: Unknown
Industry:
Salary: 0
Reference: Trustee-Finance Lead
Contact Name: Katie Alcott
Contact Email: kalcott@frankwater.com
Job Published: June 09, 2021 23:33

Job Description

Frank Water is a Bristol based international development charity with a vision of sustainable access to safe water for all. 
 

Our international mission is to deliver sustainable access to water, sanitation and hygiene (WASH) for the hardest to reach people in India & Nepal, we’re committed to developing emergent, adaptive strategies, models and approaches for maximum impact and longevity, improving health and wellbeing and saving lives. Since 2005, we have provided safe water, sanitation and hygiene training to more than 426,000 people across India and Nepal.

 

In the UK, our award-winning social enterprise (Frank Water CIC) works to change public behaviour away from practices, processes and products that negatively impact global water resources. We

encourage sustainable consumption of drinking water via our refill schemes and retail of water related products.

 

We change behaviours and advance knowledge through educating and influencing on WASH both in the UK and in India & Nepal.

 

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1. Role Summary

The Finance Lead is responsible for overseeing the management and reporting of the Charity’s finances. Since the Charity’s financial management is directly tied to the Finance Lead’s responsibilities, the Finance Lead’s execution of their responsibilities will have a strong impact on the public’s perception, trust, and assurance in the Charity as a whole. With this in mind, the Finance Lead should have skills such as financial literacy, attention to detail, timeliness in completing tasks, clear and accurate record keeping, and a willingness to ask questions.

2. Main Responsibilities of the Finance Lead

  • Overseeing the management of the financial affairs of the Charity

  • Overseeing access to the Charity’s funds and any outstanding bills or debts owed

  • Overseeing the creation and maintenance of systems for ensuring the Charity’s ongoing solvency 

  • Overseeing the development of the Charity’s financial policies and governance. 

  • Overseeing the preparation of an annual budget, as well as regularly monitoring and comparing the actual income and expenses incurred against such a budget. 

  • Maintaining a thorough knowledge and understanding of the Charity’s operations and financial reports. 

  • Keeping the Board apprised of key financial events, trends and concerns, and providing assessments of the Charity’s fiscal health. 


 

3. Qualities of a Finance Lead

 

Essential

  • Understanding and acceptance of the legal duties, responsibilities and liabilities of Directorship and adhering to Nolan’s seven principles of public life: selflessness, integrity, objectivity, accountability, openness, honesty and leadership.

  • Commitment to the Charity’s objects, aims and values and willingness to devote time to carry out responsibilities.

  • Strategic and forward looking vision in relation to the Charity’s objects and aims.

  • Good, independent judgement, political impartiality and the ability to think creatively in the context of Frank Water and the external environment.

  • Good communication and interpersonal skills and the ability to respect the confidences of colleagues.

  • Balancing tact and diplomacy with willingness to challenge and constructively criticise.

  • Prior experience of organisational financial management

  • The ability to translate financial concepts and information for Board members who do not have financial backgrounds or substantial financial experience.

 

Desirable 

  • Knowledge of the type of work undertaken by Frank Water.

  • Prior experience as a Finance Lead or Treasurer

  • Prior experience of committee/trustee/NED work

 

4. Time Commitment

  • The Board meets at least 4 times a year and the Finance Lead is expected to be available at each of those meetings.

  • In addition to Board Meetings, other contact – usually electronic or by telephone – will be necessary.

  • It is important that the Finance Lead is available to the relevant staff members as necessary and agreed.

  • It is expected that this role would take approximately 4 hours per month, plus quarterly Board meetings.

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Interested candidates should email kalcott@frankwater.com with CV and cover letter by 10am on Wednesday 30th June.