Board Trustee – Finance/Treasurer
Our Trustees are proud to be part of a well-respected organisation with passionate staff and an engaged Board of Trustees. We are now looking for a successor to our long-serving Treasurer. Could you bring your understanding of charity finance to our board?
We are looking for a finance professional to maintain an overview of REMAP’s financial affairs, ensuring its financial viability and maintaining proper financial records and procedures.
Our Finance Trustee will play a vital role as part of our Board of Trustees, supporting REMAP’s governance, providing financial oversight and strategic direction, and ensuring that effective and appropriate financial measures, controls, and procedures are implemented.
I’ve been trustee and Chair of REMAP for three years, during which time we have executed significant changes and restructuring. We now have a new CEO at the helm, supported by a great team, fantastic volunteers and a diverse, talented board. We have several exciting developments underway backed by some great supporters, and the future looks bright. – Peter Cattermole, Chair
We seek a strategic thinker who will use their financial expertise to oversee our financial health and play an active role in forecasting, setting budgets, and liaising with auditors. Good knowledge of charity finance is important, as your input will be critical as we look to the future and implement our new strategic plan. The Finance working group will actively participate in the charity’s financial decision-making.
We would like to appoint an experienced professional with complementary skills in finance and business across the charity and commercial sectors, to join our Board of Trustees in leading and supporting the charity to deliver our goals.
It is an aspiration that the Finance Trustee would also act as the Honorary Treasurer. Initially, the new trustee will work alongside our existing treasurer.
If you want to join a charity to empower people with a disability to achieve the quality of life, they aspire to have. Then this opportunity is for you.
As well as sitting on the Board of Trustees, the Finance Trustee will also:
· Oversee the presentation of budgets, internal management accounts, and annual financial statements to the Board of Trustees.
· Ensuring that proper accounting records are kept, and appropriate accounting procedures and controls are in place.
· Ensuring that robust and comprehensive financial policies are in place, being implemented, and supporting the development of policies covering financial reserves and cost management.
· Monitoring and advising on the financial viability of the charity.
· Overseeing financial controls and system adherence, regularly liaising with Chief Executive.
· Advising on the financial implications of the charity’s strategic plan, including overseeing the charity’s financial risk-management process
· Ensuring investments and assets are maximised.
· Lead on the appointment of and liaison with external auditors.
· Oversee the development and implementation of systems for appraising, mitigating, and reporting corporate risk.
· Ensuring that the accounts are prepared and disclosed in the form required by relevant statutory bodies, for example, the Charity Commission and/or the Registrar of Companies.
Finance Working Group Responsibilities
To update, report and make recommendations to the Board of Trustees on all financial and related risk management matters, including:
· annual budget and cash flow forecast.
· management accounts and cash flow
· signatory of the statutory accounts
· annual independent examination
· risk register and reporting
· all policies and procedures relevant to financial management
What we are looking for
· A finance professional. Knowledge of charity finance is an advantage. Otherwise, an enthusiasm to learn, drawing from sound commercial experience, and an understanding of SMEs.
· Strategic thinker with an ability to balance risk and opportunity.
· Clear communicator who can bring financial information alive to non-finance specialists.
· Willing to play an active role in forecasting, setting budgets, and liaising with auditors.