Age UK Surrey

Main Responsibilities of Treasurer

• To guide and advise fellow Trustees on the Board on the approval of budgets, accounts and financial statements and to assure the Charity Board of the organisation’s financial integrity.

• To advise on the financial implications of the organisation’s strategic plans and key assumptions in the operational plan and budget.

• To provide assurance that the financial resources of the organisation meet its present and future needs and to have an appropriate reserves policy.

• To ensure there is an appropriate investment policy and that there is no conflict between the organisation’s aims and values and the investments held.

• To monitor the effectiveness of the system of internal financial controls.

• To work in close co-operation with the Head of Finance and Support Services and finance staff to provide advice and support when necessary.

• To examine management accounts and budgets and provide reports to the Charity Board on a regular basis.

• To meet the external auditors at the beginning and end of the audit and to discuss their annual management letter with the Charity Board.

• To assist in the recruitment of finance staff and the selection of external auditors, bankers etc.

• To ensure statutory accounts are properly filed with the appropriate authorities and annual returns are submitted promptly.

Main Responsibilities – General

• To attend Board meetings and other meetings as necessary.

• To ensure that the organisation complies with its governing document, charity law, company law and relevant legislation.

• To ensure that the organisation pursues its objects as defined in its governing document.

• To ensure that the organisation applies its resources exclusively in pursuance of its objects.

• To contribute actively to the Board of Trustees role in giving firm strategic direction to the organisation, setting overall policy, defining goals and setting targets and evaluating performance against agreed targets. 

• To safeguard the reputation and values of the organisation.

• To ensure the financial stability of the organisation.

• To protect and manage the property of the Charity and to ensure the proper investment of the Charity’s funds.

• To be willing to sit on Board Committees as requested. Person Specification

• Accountancy qualifications and experience.

• Experience of charity finance desirable.

• The skills to analyse proposals and examine their financial consequences.

• A preparedness to make unpopular recommendations to the Board.

• A willingness to devote the necessary time and effort.

• Ability to think strategically.

• An ability to make decisions as part of a team but be willing to challenge.

• An understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship.

• An ability to work effectively as a member of a team.

• A willingness to support the staff team as appropriate.

November 2022