Role Summary

The role of the Honorary Treasurer is to provide advice, assistance and information to the Board of Trustees on the financial stewardship responsibilities and to act as the leading interface between the Board of Trustees and senior staff on financial matters.

In addition to the responsibilities of a Trustee, the Honorary Treasurer has a number of tasks specific to their role.

To maintain Trustees’ ability to deliver their responsibilities objectively Trustees, including Honorary Officers, shall not simultaneously serve as a volunteer for any of the Charity’s services. 

Main Responsibilities of the Honorary Treasurer

1. To ensure, in close co-operation with the Chief Executive and the Head of Finance and Administration, that an appropriate financial policy framework is in place to guide the charity’s financial decision-making.

2. To develop a close understanding of the key assumptions included in the Organisation’s strategic plan and annual budget proposals and to provide advice to the Finance and General Purposes Sub-Committee and to the Board of Trustees and Chief Executive and senior managers generally on these matters.

3. To advise the Board of Trustees on major financial issues which arise and which are outside the agreed boundaries of management authority, e.g. a proposed major new fundraising initiative or contract for service provision.

4. To meet the external auditor, independently from the Chief Executive, once a year.

5. To chair and provide financial acumen and expertise to the Finance and General Purposes Sub-Committee.

6. To represent, the Trustees on any subsidiary trading company board.

7. To provide support and advice to the Chief Executive, and through her, to finance staff.

8. To present the audited accounts at the Annual General Meeting.

Person Specification for the Honorary Treasurer

 Requirement Essential or Desirable
1. Qualifications  
Financial qualifications such as chartered accountant.  D
2.  Experience  
Financial management at a senior level.  E
Charity finance, fundraising and pension schemes.  D
3. Qualities  
Ability to analyse proposals and examine their financial consequences.  E
Preparedness to make unpopular recommendations to the Board.  E
Willingness to be available to staff and Trustees for advice and queries on an ad hoc basis.  E
Be eligible to serve as a charity Trustee.  E

Please contact us to find out more on 01603 785235 or email volunteering@ageuknorfolk.org.uk

Further information

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