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Volunteering

Treasurer for Islington Mind

Location: London

Date Posted: 08/07/2019

Closing Date: 03/10/2019

Job Description

Reach Volunteering are working with Islington Mind in the recruitment of a new Treasurer to join their board.

This is a great opportunity to help a established local organisation ensuring its financial viability and that proper financial records and procedures are maintained.

The overall role of the treasurer is to maintain an overview of the organisation’s affairs, ensuring its financial viability and ensuring that proper financial records and procedures are maintained. The Treasurer may also take a greater role in the day-today finances of the organisation when appropriate.

At Islington Mind we want everyone to have better mental health and wellbeing, to realise their ambition and make the most of their lives, their relationships and their communities. We have developed into one of the major mental health service providers in the borough having listened closely to mental health service users in Islington and responded with a range of services which reflect both statutory priorities and local need.

Main Responsibilities

  • Overseeing, approving and presenting budgets, accounts and financial statements.
  • Being assured that the financial resources of the organisation meets its present and future needs.
  • Ensuring that the charity has an appropriate reserves policy.
  • The preparation and presentation of financial reports to the board.
  • Ensuring that the appropriate accounting procedures and controls are in place.
  • Liaising with any paid staff and volunteers about financial matters.
  • Advising on the financial implications of the organisation’s strategic plans.
  • Ensuring that there is no conflict between any investment held and the aims and objects of the charity.
  • Monitoring the organisation’s investment activity and ensuring its consistency with the organisation’s policies and legal responsibilities.
  • Ensuring the organisation’s compliance with legislation.
  • Ensuring that the accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies, e.g. the Charity Commission and/or the Registrar of Companies.
  • 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.
  • Contributing to the funding strategy of the organisation.

Person Specification

  • Financial qualifications and experience.
  • Qualified accountant would be desirable.
  • Experience of charity finance specifically would be desirable.
  • The skills to analyse proposals and examine their financial consequences.
  • Proven ability to communicate and explain financial information to members of the Board.
  • A preparedness to make unpopular recommendations to the board.
  • A willingness to be available to staff for advice and enquiries on an ad hoc basis.

Time Committment

  • The Board meets every 6 weeks for 1-2 hours.
  • The treasurer will also be required to meet the finance officer once a quarter for 1 hour.
  • Optional sub committees.

What difference will you make?

Islington mind have a clear financial strategy and financial information is used to inform planning and decision making and assists management to improve and develop services.

What’s in it for the Volunteer?

You will be joining a passionate team committed to ensuring that good practice is achieved with regard to the control of finances. We strive to meet and demonstrate that we meet all legal requirements and accountability for our income and expenditure.  .

How to Apply

Applications must be made via Reach Volunteering in the first instance. Please provide your CV and cover letter stating why you are interested in applying for the role, how your skills and experience match the person specification, how you can add value to the board and any other relevant information.

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