Treasurer

2 weeks ago


Edinburgh, Edinburgh, United Kingdom FIRSTHAND LOTHIAN Full time £10,000 - £20,000 per year

Company Description

FIRSTHAND LOTHIAN is a charity committed to providing essential support and respite for disadvantaged families and those with children with disabilities in Edinburgh. By offering services in the family home and local community, we aim to empower entire families to thrive. Our dedicated workers deliver tailored assistance to ensure every family member benefits. The organization focuses on promoting well-being and enhancing the quality of life for the families we serve.

Role Description

This is a voluntary role with various responsibilities;

Representing the msnagement committee in ensuring financisl operations are sound & honedt

Presenting regular financial reports to the management Committee

Supporting to CEO in preparation of drsft budgets and audited accounts and presenting these to the Management Committee.

Financial Reporting

Attend and oresent management accounts and information to our msnagement committee meetings held in the events online or at Firsthand Lothian's registered offices

Verify cashflow and income and expenditure.

Strategic Financial Planning

Along with the management committee approve tge budget in collaboration with the CEO and colleagues

Oversee the successful delivery of annual budgeting, cash-flow and re-forcasting processes

Contribute to advance planning and provide guidance & support as required

Approve an assest registerand manage depreciation journals

Advise on investment options, best value guidance and procurement to CEO and Trustees

Financial Governance and Risk

Provide guidance on financial governance, including SORP, HMRC, OSCR, auto enrolement and GDPR

Oversee interal controls, processes and procedures as set in the organisations Finsnce Regulations

Lead on organisation's approach to identifying, assessing and managing corporate ridk across finance through regular review of our Risk Register.

Skills and attributes

A finance professional. A knowledge of charity finance is sn advantage. Otherwise an enthusiasm to learn, drawing from sound commercial experience. A strategic thinker with sn ability to blance risk and opportunity. Excellent communication skills, exercising the ability to bring ginancial information alive to fellow trustees- Willingness to play an active role accross forecasting, budgeting, liaising with auditors - Energy, enthusiam and commitment to the role and values of Firsthand Lothian.

Time Commitment

An average of 3 hours per month, more specially - tine to be agreed with the CEO as part of ongoing support and financial report preparation - meetings are currently held on week day evenings, online & in our offices EH7 4LZ

Qualifications

  • Financial Management, Accounting, and Budgeting skills
  • Experience with Financial Reporting and Compliance with legal regulations
  • Knowledge of Governance and Charity Funding
  • Strong Analytical and Problem-Solving skills
  • Excellent Organizational and Communication skills
  • Experience in a nonprofit or charity environment is advantageous
  • Familiarity with financial software tools is a plus
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field

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