South Worcestershire Citizens Advice are seeking a new Treasurer to join our Board of Trustees and oversee financial matters.
What will you do ?
- complete an introduction for your role
- maintain an awareness of how SWCA is operating
- read papers for board meetings and attend 4 meetings per year in addition to leading on any Finance Committee meetings to discuss finances in more detail
- explain, guide and advise the board on the key assumptions and financial implications of the budgets, operational and strategic plans
- ensure that the organisation has an appropriate reserves policy and a realistic budget that meets the services’ needs
- support any paid and volunteer finance officers to explain, guide and advise on the approval of budgets, accounts and financial statements with the organisation’s framework
- present accounts at the Annual General Meeting (AGM) in an accessible way for volunteers and staff
- ensure that annual accounts are prepared in compliance with SORP (Statement of Recommended Practice) Accounting for Charities and submitted by the deadline to the Charity Commission and/or Registrar of Companies, and make arrangements for them to be audited or independently examined as required
- keep the board informed about its financial duties and responsibilities
- monitor the organisation’s income and expenditure position and, in conjunction with any paid and volunteer finance officers, present accessible reports at least quarterly to ensure board members understand the accounts and implications
- understand the accounting procedures and key internal controls to be able to assure the board that the charity's financial integrity is sound
- work with Citizens Advice staff, such as the Chief Officer, Finance Manager and Head of Service to give information and advice on financial matters
- work together with other trustees or staff within SWCA to further the strategic objectives, including developing a fundraising strategy
- take an active discussion during board meetings and work with other trustees to:
- set policy and strategy direction, set targets and evaluate the performance of the CASW
- seek the views of all sections of the community and monitor how well the service meets the needs of the local community
- ensure that all the finances and supporting financial control systems of CASW are in order including that full financial records are kept for all transactions, that money is only spent for the purpose given, and that proper financial controls are in place to safeguard the organisation’s resources
- monitor the financial position of CASW ensuring that it operates within its means and objectives, ensuring that there are clear lines of accountability for day to day financial management
- review performance and how effectively it operates including action for improvement
What do you need to have ?
You’ll need to:
- understand and accept the responsibilities and liabilities as a trustee
- have financial qualifications or experience
- preferably have some knowledge or experience of charity finances, fundraising, financial consequences and pension schemes
- be non-judgmental and respect views, values and cultures that are different to your own
- have good listening, verbal and written communication skills
- be able to exercise good independent judgment and if necessary to make difficult recommendations have excellent numeracy skills to understand accounts
- be able to explain complex financial information in an accessible way
- be willing to learn about and follow the Citizens Advice aims, principles and policies, including confidentiality and data protection
- be willing to undertake training in your role
How much time do you need to give?
Trustee boards usually meet at least quarterly in the afternoons or evenings and you may need to attend other meetings if you’re involved in specific projects. You’ll likely need to give at least ½ day per week and be able meet with staff and volunteers on a regular basis.