Treasurer (Trustee)

Location
London (Central), London (Greater) (GB)
Salary
0
Posted
01 Aug 2022
Closes
01 Sep 2022
Where will they be working?
Flexible
Salary band
Unremunerated
Contract type
Volunteer, Long term role

For more information and details on how to apply visit: https://bit.ly/3PIG02t

In addition to the general responsibilities of a trustee, the overall role of a treasurer is to maintain an overview of CFAB's financial affairs, ensuring its financial viability and that the Staff team has the appropriate skills and capacity to ensure proper financial records and procedures are maintained. 

The  key duties of the treasurer: guide the Finance Manager on budgets, planning and control; ensure the charity has an appropriate reserves policy and investment policy; recommend whether there should be a full audit or independent examination of accounts; ensure that the accounts are scrutinised as appropriate and any recommendations are implemented; keep the Board informed about its financial duties and responsibilities; attend the Finance & HR sub group meetings and raise questions on the monthly accounts in order to ensure that the financial resources of CFAB meet its present and future needs. to provide technical, specialist guidance and advice to the Finance Manager as required.  

The Finance and HR Subgroup is responsible, on behalf of the Board, for oversight of good financial and governance management, including: monitoring of financial targets and performance; audit oversight; risk management oversight; assurance that financial planning and control processes are in place and being implemented on financial policies and controls operated by the staff team; assurance that HR policies and procedures are in place and being implemented. To receive quarterly updates on financial performance; be aware of any proposals regarding significant changes to the team, for example the hiring of new team members; make recommendations to the Board regarding key employment issues for example, pensions provision, and pay rises, based on proposals from the SMT; ensure CFAB’s financial procedures remain in line with good practice, and any changes in legislation, including assuring there is an annual review and revision as necessary of the Finance Procedures Manual; ensure CFAB’s employment practice remains in line with good practice, and any changes to legislation including assuring there is an annual review and revision as necessary of the Employee Handbook.  

Person specification

The Trustee should bring to CFAB a skill mix appropriate to the governance of CFAB, including: an understanding of – or a willingness to learn - the legal duties, responsibilities and liabilities of Charity Trustees and an acceptance of these duties, responsibilities and liabilities, and a commitment to operate within them. willingness to facilitate introductions to CFAB to support the organisation in expansion of our external communications and brand. passionate about our cause and a willingness to bring personal contacts into our work. good, independent judgement. the ability to operate at a strategic level. an ability and willingness to work as a member of a team and to support management. understanding and empathy with CFAB’s vision, mission and values. impartiality with the ability to respect confidences. strong governance capabilities. should possess an understanding of financial management and is able to read accounts. a clear commitment to CFAB’s values and beliefs and the fulfilment of its mission.

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