Treasurer

2 weeks ago

Worcester, Worcestershire, United Kingdom Business & Human Rights Resource Centre Full time

Treasurer role description

As well as being a trustee, to oversee the financial administration of Worcestershire Association of Carers (WAC), and to advise the Board of Trustees on the Charity's financial health, in line with best practice, and in compliance with the governing documents and legal requirements, liaising where applicable with the Chief Executive and Finance Manager.

About WAC

We are a registered charity providing a range of information, advice and support to unpaid adult carers.

We ask that all Board members:

can commit to the aims, principles, and policies of Worcestershire Association of Carers be willing and able to understand and accept their responsibilities and liabilities as trustees, and to act in the best interests of the organisation think creatively and strategically, exercise good, independent judgement and work effectively as a board member Trustees are expected to ensure that WAC:

complies with and pursues its objectives as defined in its articles of association, charity law, company law and other relevant legislation or regulation applies its resources appropriately in pursuance of its objectives has effective and efficient administration has financial stability has a clear vision, mission and strategic direction and is focused on achieving these makes decisions about best use of its assets for the benefit of carers The main responsibilities of the Treasurer will be to:

  1. To ensure an appropriate financial policy framework is in place to support the Charity's financial decision-making; To oversee budgets, management account information and financial statements to the Board of Trustees; To ensure that proper accounting records are kept, and that financial resources are properly controlled, invested and spent in line with good governance, legal and regulatory requirements; To oversee the implementation and monitoring of financial controls and adherence to systems; To advise on financial reserves, cost‐management and investment policies; To monitor and advise on the financial viability of WAC To oversee the Charity's financial risk‐management process; To chair the Finance Sub-committee in line with the Terms of Reference; To provide Board level liaison with the external auditors To provide support and advice to the Chief Executive, and Finance staff; To present the audited accounts at the Annual General Meeting

Person specification

We are interested in hearing from individuals who can demonstrate the following:

A relevant financial qualification and ideally, experience of charity accounting Experience of financial management and oversight at a senior level Knowledge of or willingness to learn about the Companies Acts and associated legislation, the Charities Acts and Charity regulation and finance including Charities SORP (Statement of Recommended Practice) An ability to analyse and analytically review financial data and proposals and examine and communicate their financial consequences A willingness to provide financial advice and support to CEO, The Board of Trustees and Finance manager when required, including with ad hoc enquiries Good verbal and written communication skills. Willingness to be part of a team. Eligibility to serve as a charity trustee. It is not necessary to have previous Trustee or Board committee experience as full training and induction will be provided.

Commitment

There are 4 main board meetings per year plus an AGM and strategic planning day. The Treasurer will also chair the finance subcommittee which meets 4 times a year.

The role of Trustee is unpaid although expenses for travel and out of pocket expenses may be claimed.

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