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Honorary Treasurer

Employer
Mountain Training
Location
MTUKI Directors meet online. Attendance at 3 Council meetings PA is required.
Salary
Unsalaried, expenses paid.
Closing date
6 Apr 2024

View more

Sector
Charity and not for profit, Sport and recreation, Board trustees
Salary band
Unremunerated
Hours
Part Time
Where will they be working
From home

The Treasurer is a key post within Mountain Training United Kingdom & Ireland and the wider network of Mountain Training organisations. As a member of the Board of Directors, the Treasurer shares the responsibility for overseeing the management of the organisation and implementing the strategic objectives of its members.

 

Please note that in all tasks listed the Treasurer is supported by Mountain Training UK & Ireland’s Finance Manager and administration team, who manage all the organisation’s day-to-day business transactions and book-keeping records.

 

Summary

  • The Honorary Treasurer will be a Director and Trustee of Mountain Training UK & Ireland Ltd. (MTUKI) and a Director of its subsidiary trading company Mountain Training Publications Ltd (MTP). MTUKI is also a registered charity.
  • The Treasurer will be elected at each Annual General Meeting and shall normally hold office for a maximum of five consecutive years.

 

 

The Treasurer will oversee the financial matters of MTUKI and MTP in line with good practice and in accordance with the governing document and legal requirements of the Charities and Companies Acts and will report both quarterly to the Board of Directors and also to the Members at three Council meetings per year about the financial health of the organisation.

 

Main Responsibilities

  • To oversee and present budgets, accounts, management accounts and financial statements to the Directors and Members
  • To ensure that financial resources are spent and invested in line with the MTUKI policies, good governance, legal and regulatory requirements
  • To be instrumental in the development and implementation of financial, reserves and investment policies.

 

Despite the additional responsibility that the Treasurer will have in overseeing the financial matters of the charity, all trustees continue to be jointly responsible for the administration of the charity.

 

 

Specific Duties

  • Chairing the Finance Committee in line with its terms of reference and reporting back to the Directors.
  • Present the annual statement of accounts to the Members at the Annual General Meeting.
  • In liaison with the Finance Manager, overseeing the creation of sound financial instruments for control of MTUKI assets.
  • Advising on the financial implications of MTUKI’s strategic plan.
  • Liaising with the independent examiner and Finance Manager to ensure that the annual accounts are compliant with the current Charities Statement of Recommended Practice.
  • In conjunction with CEO and Finance Manager maintain sound financial management of MTUKI’s resources, ensuring expenditure is in line with the company’s objects.
  • Contribute to the fundraising strategy of the organisation.
  • Ensure that MTUKI has sufficient liquidity to meet its future commitments.

 

 

In addition to the above statutory duties, the Treasurer should use any specific skills, knowledge or experience they have to help the Board reach sound decisions. This may involve scrutinising board papers, leading discussions, focusing on key issues, providing advice and guidance on new initiatives or on other issues in which the Treasurer has special expertise.

 

Meeting commitments

  • Quarterly Board meetings, held online (weekday evenings) Quarterly Finance Committee meetings, held at Capel Curig or online (week days) One meeting per year of the Publications sub-committee Three meetings per year of the MTUKI Council (weekend)

 

Person specification

Essential

Desirable

Understanding of governance of a not-for-profit voluntary sector organisation.

 

Understanding of sports governance.

Understanding of company finance.

 

Knowledge of Mountain Training qualifications.

Interest in walking and/ or climbing activities.

Understanding of qualification awarding organisations.

 

In addition the successful candidate will be expected to have one or more of the following types of experience:

  • considerable experience as a treasurer of similar sized organisations
  • experience of controlling a budget in a small-to-medium-sized (SME) organisation/business
  • experience of financial accounting and reporting
  • Recognised accountancy qualification e.g. ICAEW, ACCA, CIPFA, CIMA, AAT etc
  • Knowledge of charity SoRP (Statement of Recommended Practice)

 

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