Role Details

Honorary Treasurer

Community Action: MK

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The role and responsibilities of Trustees of Community Action: MK are set out in the attached Board’s ‘Roles and Responsibilities’ document, but
the honorary treasurer has the following additional roles and responsibilities:

To oversee, on behalf of the Board, the long term financial management

To monitor the finances and to report to the Board at regular intervals on the financial health of the organisation, ensuring the organizations’ compliance with legal and regulatory requirements, including governing documents, and with good corporate governance;

To guide and oversee and advise the Board on the approval of budgets, accounts and published financial statements;

To ensure that appropriate accounting procedures, controls, and risk
management procedures are in place, and that financial resources are spent and invested, in compliance with legal and regulatory requirements and with good corporate governance;

To be instrumental in the development and implementation of appropriate accounting, reserves and investment policies

In carrying out the role, the Treasurer is expected:

To keep the Board informed about its financial duties and responsibilities;

To advise the Board (and the senior management) on the financial implications of any strategic plans;

To assure the Board that the financial resources meet its present and future needs;

To understand the accounting procedures and key internal controls to be
able to assure the Board that financial integrity is sound;

To ensure that the accounts are properly audited, and to provide financial
expertise, as appropriate;

To contribute to the income generation strategy;

To meet the external auditors independently from the staff (as appropriate);

To present the accounts at general meetings, drawing attention to important points in a coherent and easily understood way;

To work in close cooperation with senior management

The Honorary Treasurer is a member of the Executive Committee. From time to
time he or she may be invited to sit on recruitment or other panels.


Person specification

The annual time commitment is expected to be approximately 15 days plus
regular contact with other trustees and staff by email and telephone.


The Honorary Treasurer:

Is a qualified accountant, with previous experience in a financial role of a commercial or not for profit organisation of similar or larger size than Community Action: MK
Has experience of corporate governance, preferably within the voluntary sector, either as a volunteer or as a member of staff, and with some experience of charity finance

Is skilled in presenting sometimes complex financial information to a variety of audiences in a clear and practical manner;

Can analyze proposals and examine their financial consequences.

Laura Jeffery

Further location details may be provided below.

Community Action: MK Acorn House 351 Midsummer Boulevard Milton Keynes

MK9 3HP

One week

1

Contact Laura Jeffery HR Manager at Community Action: MK

Admin,Bookkeeping & Finance,Evaluating & Reviewing,Maths,Governance

The Honorary Treasurer: Is a qualified accountant, with previous experience in a financial role of a commercial or not for profit organisation of similar or larger size than Community Action: MK Has experience of corporate governance, preferably within the voluntary sector, either as a volunteer or as a member of staff, and with some experience of charity finance Is skilled in presenting sometimes complex financial information to a variety of audiences in a clear and practical manner; Can analyze proposals and examine their financial consequences.

Finance & Accountancy

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