Trustee Treasurer

What is the commitment?

Trustees meet online for an hour and a half in the early evening four times a year.  In addition, Trustees may choose to join in occasional meetings of Mentors to discuss current mentoring projects and any challenges that may have arisen.

Who should apply?

We would love to hear from people of all backgrounds.  It is important to us that our board has the diversity of thought to underpin good governance.  You should ideally live within Kent and the Medway towns.

The overall role of our Trustee Treasurer is to maintain an overview of Charity Mentors Kent and Medway (CMKM) financial affairs. Ensuring our financial viability and working with our Charity Manager to maintain financial records and procedures whilst supporting future financial growth and a sustainable income for the charity to function.

Please note that the Charity’s accounts are relatively simple and there are only a few transactions each month.

In addition to the general responsibilities of a Trustee, duties of the Treasurer include the following.

Fund Raising:

·       Contribution to the fundraising strategy of the organisation

·       Identifying potential funders and or other sources of income

·       Support the creation and review of funding bids

Operations:

·       Act as a signatory on our bank account

·       Overseeing, approving and presenting budgets, accounts and financial statements

·       Assuring that the financial resources of the organisation meet its present and future needs

·       Maintaining a relevant reserves policy

·       Ensuring that appropriate accounting procedures and controls are in place

·       Advising on the financial implications of the organisation’s strategic plans

·       Ensuring that there is no conflict between any finances held and the aims and objects of the charity

·       Ensuring that the accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies, for example the Charity Commission

·       If external scrutiny of accounts is required, ensuring that the accounts are scrutinised in the manner required (independent examination or audit) and any recommendations are implemented

·       Keeping the Board informed about its financial duties and responsibilities

·       Presenting accounts at Board meetings and drawing attention to important points in a coherent and easily understandable way

Person specification

In addition to the person specification for a Trustee, the Treasurer should have the following qualities.

·       Financial expertise and understanding

·       Some experience of charity finance and fundraising

·       Analytical approach to funding proposals and their financial consequences

·       Some knowledge of the charity funding market

·       A keen interest in identifying and pursuing new funds and additional income streams