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Finance Director / Treasurer

Employer
Hertfordshire Golf
Location
Hertfordshire
Salary
Voluntary role; reasonable travel and other expenses will be reimbursed
Closing date
29 May 2024

View more

Sector
Charity and not for profit, Community, Sport and recreation
Salary band
Unremunerated
Contract type
Long term role
Where will they be working
From home

Job Details

HERTFORDSHIRE GOLF - Role Description

 

Title:                                                                

Finance Director Responsible to:                                           

HGL Chair and Board

 

Term of appointment:                               Three years

__________________________________________________________________________________

 

Relationships:  

Internal:                    HGL Chair, County Secretary and team, including Office Administrator,

                                      HGL Board and HGL members

 

External:                    Independent Accountant

 

Key Responsibilities:

 

Budget & Strategic financial planning

  • Monitor the financial standing of the company and report to the County Secretary, Chair and Board regarding cash-flow forecasting, income streams, out-going expenses and the overarching strategic management of the County’s financial resources.
  • Oversee the County’s financial risk-management process and report financial health to the COM, County Chair/Board at regular intervals.
  • Oversee and manage the planning/budgeting process in participation with the Board and constructively challenge where required.
  • Liaising with the Independent Accountant on financial issues and ensuring that the County’s finances are responsibly managed/invested for the betterment of the County’s work and for the beneficiaries of its services.

 

Management Reporting

  • Ensure a high standard of management accounting is maintained in order to safeguard assets.
  • Prepare and produce management accounts regularly.

 

Statutory Financial Reporting

  • Provide guidance and advice to the County Secretary, Chair and Board to approve annual report and audited accounts.
  • In conjunction with the County Secretary, Chair and Board, liaise with Independent Accountant on specific issues in the review process.
  • Ensure that annual accounts are submitted to all relevant regulators in a timely manner.
  • Present accounts at the AGM.

 

Reserves Policy

  • Develop reserves policy and safeguard the County’s finances.
  • Keep the County Secretary, Chair and Board informed of free reserves position regularly and advise in regard to changing circumstances.

 

 

Banking, book-keeping and record-keeping

  • Manage bank account and set up appropriate systems for book-keeping, payments, lodgements and petty cash.
  • Ensure that those who handle money keep proper records and documentation.
  • Act as a counter authoriser on payments (generally via online banking).
  • Support the Office Administrator.
  • Manage the payroll and NEST pension scheme.

 

Control of fixed assets and stock

  • Ensure proper records are kept and the appropriate insurances are in place.

 

Governance

  • Lead the County’s duty to ensure proper accounting records are kept, financial resources are controlled, invested and economically spent in line with governance, legal and regulatory requirements.
  • Advise on the financial implications of the County’s strategic plans and overseeing the financial risk-management process.

 

Skills & Knowledge: 

Essential:

  • Financial expertise with demonstrated commercial awareness and knowledge.
  • Understanding of accounting practices and standards, and statutory reporting.
  • Proven ability to communicate and explain financial information to members of the Board and other stakeholders.
  • Analytical and evaluation skills, demonstrating good judgment.
  • Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship.
  • Competent use of IT.

 

Desirable:

  • Skills and experience in one or more areas of non-executive governance and management e.g. strategic planning, business management, financial/accountancy.

 

Time Commitment:

  • The HGL Board usually meets 6 times a year
  • The Finance Director is expected to attend the AGM and present a financial report.
  • The Finance Director will chair the Finance Committee will meet in accordance with its terms of reference.
  • Attendance at other County meetings and dinners as required.
  • Attendance at award meetings or dinners is optional.

 

Location:              

Meetings at County offices / Golf Club or alternative central venue where appropriate.

 

Notes:

This is an elected position.

 

Reasonable expenses incurred as part of county activity will be reimbursed by the County.

Company

Company info
Telephone
01753884558
Location
44 Moreland Drive
Gerrards Cross
Buckinghamshire
SL9 8BD
GB

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