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Treasurer

Employer
Rethinking Economics International
Location
England (GB)
Salary
Unpaid
Closing date
21 Mar 2024

Rethinking Economics (RE) is an international network of students, academics and professionals building better economics in society and the classroom. Our vision is of economies which serve people and the planet. Our purpose is to build a diverse movement of people who challenge, interrogate and renew the practice, teaching and application of economics. We have an amazing team campaigning globally for economics education reform in higher education and providing critical economics education to its community.

RE started as a student movement in 2012 and has since grown to become a registered UK charity (Rethinking Economics International | Charity no. 1158972) with a 6 FTE staff team, with 3 based in Manchester, 2 more around the UK, 1 in Germany, 1 in Mexico and 1 hosted person in India, who works for Economists for Future International. Through a mixture of campaigning, events and projects, our youth led organisation supports more than 100 student groups in 30 countries across the world, alongside thousands of supportive members of the public, to achieve our vision of economics in higher education which is real-world, critical, democratic and decolonised.

 

What We’re Looking For

We’ve achieved a lot as a young movement and we know that there is much more to do. We are looking for new trustees who can bring financial expertise to our board.

For someone who has the right qualities, we would be happy to invest in training for you in your role as treasurer. It is ideal that applicants can demonstrate finance experience e.g. work as a finance manager or accountant, or in financial audit, or as a funder. Experience of working in an SME or the non-profit sector, and understanding of financial protocols for charities would also be helpful (e.g. holding ACA qualification and/FCA experience would be great, but is not essential). If you have experience at a senior management or trustee level this would also be useful but is not essential (please see requirements below).

Relevant experience in a youth, or campaigning organisation is also highly valued.

Rethinking Economics is committed to providing equal opportunities for everyone regardless of their background. We acknowledge that people from certain backgrounds are under-represented in progressive movements and we’re committed to doing what we can to correct this.

Finance:

This role would work closely with the Director to review and monitor RE’s financial performance and prepare accounts during and at the end of the Financial Year. 

Responsibilities:

  • Reviewing and monitoring RE’s financial performance
  • Ensuring RE staff prepare and file proper accounts
  • Ensuring that RE has robust and effective financial controls in place
  • Support staff and the Board to appraise the financial viability of projects, plans, proposals and other initiatives which may have a financial or structural implication.
  • Oversee the production by staff of regular forecasts, an annual budget and a long term financial plan, in partnership with the Operations Officer and the Finance staff.

Qualities:

  • It is essential that this trustee is able to understand and interpret routine financial data, with an accountancy qualification preferrable, though training will also be offered for someone wanting to gain skills in this area.
  • Good understanding of financial controls and the legal responsibilities of Trustees in relation to RE’s financial health / financial reporting.
  • Prior experience of charity finance and fundraising.
  • Financial or accountancy qualifications or experience.

We are looking for people who have:

  • A commitment to the objectives and values of Rethinking Economics
  • An understanding and acceptance of the legal duties, responsibility and liabilities of trusteeship  (training can be provided)
  • Good, independent judgement
  • An ability to think creatively
  • The courage and willingness to speak their mind
  • An ability to work effectively as a member of a team
  • Either financial/treasurer experience or a willingness to undertake training to gain this

We will rate highly anyone who has management experience, especially at Director level (reporting to a trustee board) or who has experience of managing growing teams in a start-up, a small charity environment or movement.

We are particularly keen to receive applications from Black, Asian and minority ethnic people (People of Colour) and those from the Global South; people with disabilities; people who identify as being LGTBQIA; people who have a mental health condition; and people who identify as working class or have done so in the past.

If you would like a conversation with one of our existing board or staff members before you apply, please contact recruitment@rethinkeconomics.org

Some of our Highlights

Just a few of our highlights include featuring in the film Boom Bust Boom, publishing 'The Econocracy', outlining our vision for economics, a pluralist economics textbook 'The Rethinking Reader' with Routledge and Reclaiming Economics for Future Generations book launched in 2022. We organised the Festival of New Economic Thinking in Edinburgh in 2017 along with INET's Young Scholars Initiative and Netzwerk Plurale Ökonomik. Across the world we have held conferences that have brought together students, academics and the general public including the Rethinking Economics for Africa group who have delivered two excellent festivals of economics, including topics such as decolonising economics.

Our campaigning has achieved changes in the discipline globally and at specific universities. You can find more detail about our impact here. Over the next year we will be launching our new strategy, Curriculum Health Check project, expanding our economics training programmes and developing our online infrastructure to support this and our campaigning work. We are aiming to increase the size of the team and continue to hire staff members outside of the UK to grow the international network. This is an exciting time to join our organisation!

The Trustee Board

Rethinking Economics International is an Association CIO, which is a form of charity that has legal members. Our board of trustees retain ultimate legal responsibility for all aspects of the charity and therefore must ensure all our activities further RE’s charitable purpose and retain effective oversight and scrutiny. Becoming a RE Trustee is an exciting opportunity to provide guidance, support and oversight to an international student movement and ensure that its work is sustainable and effective in the future.

To serve on the board you must be able to attend quarterly trustee meetings (either in person or by video-conferencing, meetings alternate between London and Manchester), read detailed papers and policy documents and serve on a board subcommittee. Roles are non-remunerated and require 1-2 days commitment a month. Please note that this role is unpaid but all expenses e.g. travel, will be reimbursed in line with our Expenses Policy.

Members Council & Accountability

The Trustee Board works in conjunction with our Members Council. The Trustee Board is responsible for the overall staffing, governance, finance and fundraising of the organisation. However, the political direction and related public statements, positions, partnerships, distribution of funding pots is the responsibility of the democratically elected Members Council, who are the legal members of the organisation. Overall strategy is held by the staff team in consultation and approval with both the Members Council and Trustee Board. All other responsibilities are delegated to the staff team, led by the Director - Laurence Jones-Williams.

Statutory Duties

  • To ensure that Rethinking Economics complies with its governing document, charity law, company law and any other relevant legislation or regulation
  • To ensure that Rethinking Economics pursues its charitable purpose as defined in governing documents
  • To contribute actively to the board of trustees’ integral role (in collaboration with staff and student organisers) in setting the strategic direction of the organisation, setting overall policy, defining goals, setting targets and evaluating performance against agreed targets
  • To safeguard the good name and values of Rethinking Economics#
  • To ensure the effective and efficient administration of Rethinking Economics
  • To ensure the financial stability of Rethinking Economics
  • To support the Director and wider staff team

 

How to Apply:

To apply please fill in the survey by 9am UTC, 21th March 

 

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