Board Treasurer

The role of the treasurer is to monitor the financial administration of the charity and report to the board of trustees at regular intervals on its state of financial health, in line with best practice, and in compliance with the governing document and legal requirements.

Main responsibilities include:

• assisting with the governance of the organisation in line with its charitable objectives and to maintain oversight of the organisation’s financial affairs on behalf of the Board of Trustees. providing guidance to the Board of Trustees and Director on financial stewardship of the Organisation in line with the strategic aims.

Specific responsibilities and duties include:

• overseeing and presenting budgets, internal management accounts and annual financial statements to the board of trustees
• leading in the board’s duty to ensure that proper accounting records are kept, financial resources are properly controlled, invested and economically spent, in line with good governance, legal and regulatory requirements
• leading in the development and implementation of financial reserves, cost management and investment policies
• liaising with the Director and Finance Officer where applicable monitoring and advising on the financial viability of the charity
• overseeing the implementation of and monitoring specific financial controls and adherence to systems
• advising on the financial implications of the charity’s strategic plan
• overseeing the charity’s financial risk management process
• acting as a counter signatory on charity cheques and funding applications where required
• liaising with the external auditors on specific issues such as the auditor’s management letter and the related board representations.