The Watford & Three Rivers Refugee Partnership is a great local charity looking for a volunteer to work as Treasurer supporting the financial operations of the charity. We provide practical and emotional support to refugees, asylum-seekers and other vulnerable migrants in our community. We have a pool of around 80 dedicated volunteers helping a caseload of around 150 individuals and families affected by immigration issues at any given time.
Treasurer role description
What will you do?
- complete an introduction for your role.
- maintain an awareness of how the Partnership operates.
- Maintain the accounting records of the Partnership to include the following:
- Arrange payment of all expenditure items through online banking and bank any income received by way of cash or cheque;
- Maintain a detailed record of all income and expenditure split between restricted and unrestricted and analysed under appropriate headings;
- reconcile the bank account at regular intervals but at least monthly;
- prepare the monthly payroll including all PAYE and NIC requirements;
- submit the monthly returns to HMRC and to the pension provider;
- maintain record of all gift aid donations and submit gift aid reclaim to HMRC at least twice a year;
- prepare regular management accounts for presentation to the trustee board; and
- prepare a simple budget each year.
- read papers for trustee meetings and attend each meeting.
- explain, guide and advise the trustees on the key assumptions and financial implications of the Partnership’s budgets, operational and strategic plans.
- ensure that the Partnership has an appropriate reserves policy and a realistic budget that meets the needs of the Partnership.
- ensure that annual accounts are prepared in compliance with SORP (Statement of Recommended Practice) Accounting for Charities and submitted by the deadline to the Charity Commission and make arrangements for them to be audited or independently examined as required.
- present accounts at the Annual General Meeting (AGM) in an accessible way for volunteers and staff.
- keep the trustee board informed about its financial duties and responsibilities.
- monitor the Partnership’s income and expenditure position and present accessible reports to ensure trustees understand the accounts and implications.
- Ensure that the charity’s financial integrity is sound.
- work together with other trustees and staff to further the strategic objectives of Partnership, including developing a fundraising strategy.
- take an active discussion during trustee meetings and work with other trustees to set policy and strategy direction, set targets and evaluate the performance of the Partnership.
What do you need to have?
You’ll need to:
- understand and accept the responsibilities and liabilities as a trustee.
- have financial qualifications or experience.
- some knowledge or experience of charity finances, fundraising, financial consequences and pension schemes.
- be non-judgmental and respect views, values and cultures that are different to your own.
- have good listening, verbal and written communication skills.
- be able to exercise good independent judgment and if necessary to make difficult recommendations.
- good numeracy skills.
- be able to explain complex financial information in an accessible way.
How much time do you need to give?
It is difficult to say how much time the role involves as the work fluctuates from month to month and during each month. However, on average we would anticipate an average of around 5 hours per week. In addition, the trustee board usually meets every other month in the evening. The role will be mostly remote however some meeting attendance is required.
Please send in your most current CV or you can complete the application form. For more information please get in touch.