Opportunities

Treasurermaintaining an overview of the organisation’s affairs

Role details and requirements

The role of a treasurer includes: 
•    maintaining an overview of the organisation’s affairs
•    ensuring its financial viability
•    ensuring that proper financial records and procedures are maintained. 
In charities without paid staff, the treasurer may take a greater role in the day-to-day finances of the organisation.
It’s important to remember all trustees share responsibility for making sure that the charity's money is safe, used properly and accounted for. Trustees must:
•    act in the interests of their charity and its beneficiaries
•    protect and safeguard the assets of their charity
•    act with reasonable care and skill.

TREASURER OF [DARLASTON YOUTH CENTRE]

Role description
In addition to the general responsibilities of a trustee, duties of the treasurer include the following.
•    Overseeing, approving and presenting budgets, accounts and financial statements. 
•    Ensuring the financial resources of the organisation meet its present and future needs.
•    Ensuring that the charity has an appropriate reserves policy.
•    Preparing and presenting financial reports to the board.
•    Ensuring that 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 the charity has an appropriate investment policy.
•    Ensuring that there is no conflict between investments and the aims and objects of the charity.
•    Monitoring the organisation’s investment activity. Ensuring it is consistent with the organisation’s policies and legal responsibilities.
•    Ensuring that the accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies. For example, the Charity Commission and the Registrar of Companies.
•    Ensuring that the accounts are scrutinised in the manner required any recommendations are implemented. For example, via an independent examination or audit.
•    Keeping the board informed about its financial duties and responsibilities. 
•    Contributing to the fundraising strategy of the organisation.
•    Making a formal presentation of the accounts at the annual general meeting. Drawing attention to important points in a way that’s coherent and easily to understand.
•    Sitting on appraisal, recruitment and disciplinary panels as required.
•    Promoting the service and work with wider contacts and networks.
•    Providing support in addressing issues and identifying strategies to improve and enhance the service.
•    Attending and contributing to regular trustee meetings and any other priority meetings that are arranged.
•    Having an interest in young people agendas.
•    Have interests aligned in the nature of the work undertaken by Darlaston Youth Centre.