THE ROLE OF THE TREASURER

THE TREASURER’S ROLE

Overall

• Oversee the financial affairs of the organisation and ensure they are legal, constitutional and within accepted accounting practice.
• Ensure proper records are kept and that effective financial procedures are in place.
• Monitor and report on the financial health of the organisation.
• Oversee the production of necessary financial reports/returns, accounts and audits.

Specifically

• Liaise with relevant staff, committee members and/or volunteers to ensure the financial viability of the organisation.
• Make fellow committee members aware of their financial obligations and take a lead in interpreting financial data to them.
• Regularly report the financial position at committee meetings (balance sheet, cash flow, fundraising performance etc).
• Ensure proper records are kept and that effective financial procedures and controls are in place, ie:
  • Cheque signatories
  • Purchasing limits
  • Purchasing systems
  • Petty cash/ float
  • Salary payments
  • Pensions
  • PAYE and NI payments
  • Others as appropriate
• Appraising the financial viability of plans, proposals and feasibility studies.
• Lead on appointing and liaising with an independent examiner.
• Undertake bookkeeping duties ensuring posting and bookkeeping is kept up-to-date.
• Maintain the petty cash system and regularly process petty cash claims.
• Regularly carry out reconciliations.
• Arrange payments to creditors as appropriate and arrange appropriate signatures on payments.
• Make the necessary arrangements to collect payments from debtors and bank payments promptly.

Qualities

• Knowledge and experience of current and fundraising finance practice relevant to voluntary and community organisations.
• Knowledge of bookkeeping and financial management (as necessary).
• Good financial analysis skills.
• Ability to communicate clearly

How to apply Applications should be made via email to Rachel Jackson  rachel@lowermosswood.com. Closing date: 9am Wednesday 28th October 2020