CURRENT VACANCY

Honorary Treasurer of the Board of Directors / Trustees

Purpose

  • Oversee all financial aspects of the Charity on behalf of the Board of Trustees to evaluate our financial position and associated risks

  • Assist the Chair in ensuring that the Board of Trustees fulfils its duties and responsibilities for the proper financial governance of the charity

Main Responsibilities & Tasks associated with the role

In partnership with the Finance Officer:

  • Ensure that the charity operates within the financial guidelines set out in current legislation by the Charity Commission, in the Charity’s Constitution and by the Board

  • Work with the Finance Officer to update and to test internally our financial management procedures to support strong Governance and financial controls

  • Work with the Finance Officer to ensure financial information is presented in a way that facilitates good financial governance, and enables the Board to fulfil its legal responsibilities.

  • Advise the Board on the financial implications and operational risks arising from Board decisions, especially the Board’s strategic and policy decisions

  • Ensure the Charity’s financial resources are sufficient to meet current and future needs, advise the Board on the reserves policy, and ensure that this policy is reviewed and monitored regularly

  • Chair the Board’s Finance Committee so as to scrutinise the proposed annual budget, cash flow forecasts and financial reports

  • Review longer term forecasts of of income and expenditure, and monitor financial trends within the Charity and the voluntary sector

  • Contribute to the annual audit process, including meeting with the external auditors

Person Specification

  • General awareness of accounting practices for corporate governance

  • General awareness of financial regulations governing charities and companies

  • Ability to commit sufficient time

  • Ability to think strategically and forward plan

  • Commitment to MDT values, vision and goals

  • Ability to digest, present and critically evaluate a range of information, including written reports, statistics, and verbal communications

  • Willingness to challenge and engage

  • Understanding and commitment to diversity issues

If you are interested in becoming a trustee, please get in touch with admin@moretonhampstead.com or call 01647 440775 to organise an initial chat with one of our current Trustees.