Treasurer Trustee Wanted
Could you, or someone you know have the skills needed and a free 3-4 hours a month to help our wonderful small charity? Our treasurer is stepping down after 7 years of service and we really need to replace the role. Please contact [email protected]m for more details.
Charity Treasurer Role Description
The treasurer will lead the trustees in the oversight of the charity’s strategic financial
management. While all trustees are collectively responsible for the management of the
charity’s resources, the treasurer will act as the lead trustee in articulating the financial
governance of the organisation and will play an active role in ensuring that all trustees are
fully able to understand the charity’s financial arrangements and contribute to financial
discussion and decisions.
Main duties and responsibilities
In addition to those duties and responsibilities performed by all trustees, the treasurer is
generally considered to lead on:
• overseeing, and presenting budgets, accounts, management accounts and financial
statements to the board of trustees;
• ensuring that proper accounts and records are kept, ensuring financial resources
are expended and invested in line with charity policy, good governance, legal and
regulatory requirements;
• being instrumental in the development and implementation of financial, reserves
and investment policies;
• liaising with the charity’s independent examiner;
• monitoring and advising on the financial viability of the charity after liaising with the
charity’s independent examiner;
• creating sound financial instruments for the control of charity assets;
• implementing and monitoring specific financial controls and systems and ensuring
that they are adhered to;
• advising on the financial implications of the charity’s strategic plan;
• liaising with the charity secretary to ensure that the charity’s annual accounts are
compliant with the current Charities SORP (Statement of Recommended Practice);
• acting as a counter-signatory on charity cheques (including any electronic
transactions) and any applications for funds;
• maintaining sound financial management of the charity’s resources, ensuring
expenditure is in line with the charity’s objects; and
• contributing to the fundraising strategy of the organisation and helping to ensure
that fundraising targets are aligned to the overall purpose of the charity and its
agreed strategy.
Person specification
The following characteristics, knowledge and experiences in addition to those required by all
trustees, are essential for the role of treasurer:
• a good understanding of financial management and accounting
• strong business and financial acumen
