Do you have what it takes to be a Treasurer?
About the role
The Treasurer, who will also be an active Trustee, will be responsible for the Charity’s finances and business vision, maintain financial controls and ensure we comply with our legal responsibilities as a Registered Charity (support will be given to gain charity-specific knowledge).
The Treasurer will work with fellow Trustees and the Operations Manager to ensure that there is a transparent and clear financial process.
As Trustees, we work closely with hospital managers and have an exciting ongoing programme of fundraising and activities.
see our current Board of Trustees.
Time commitment
It is expected that the work will take approximately 2-3 hours per week, but this may vary between 2 and 6 hours per week, dependent on workload at the time.
It is expected that the Treasurer will attend monthly Trustee meetings to keep up to date with current developments and update the Board of Trustees on financial matters. This will require a summary financial update and provision of comments on matters arising from a financial aspect.
Essential personal criteria
- Professional in approach, positive attitude to getting things done
- Good communication skills and experience of team working
- Empathy and understanding
- An ability to be objective, honest, non-judgemental
- Able to deal with issues of a confidential nature
Essential skills
- Financial qualifications and/or bookkeeping experience
- Computer literacy: competent using email and office software
Desirable skills/experience
- Financial management expertise and an understanding of charity finance issues
- An understanding of charity governance
- Previous work as charity trustee or treasurer beneficial, but not essential
Being a Trustee
As Treasurer to the Charity, you will also become a Trustee. Trustees are expected to understand and accept the legal duties, responsibilities and liabilities of trusteeship and understand their role as a Trustee
You cannot become a Trustee if you:
- Are disqualified under Sections 178 and 180 of the Charities Act 2011, because for example, you are an undischarged bankrupt or have an unspent conviction for an offence of dishonesty or deception
- Have previously been removed from trusteeship of a charity by the court or charity commissioners or is under a disqualification order under the Company Directors Disqualification Act
Key responsibilities
- Ensure there are clear, accurate records of the charity’s financial transactions
- Monitor large donations from individuals, estates, grants etc
- Manage the charity’s budget, banking facilities and investments
- Liaise with the NHS Purchasing team to make donations from the Charity
- Monitor and report on the financial health of the organisation
- Provide a monthly Treasurer’s update at monthly Trustee Board meetings
- File returns with the Charity Commission and ensure the charity complies with accounting policies and regulations
- Process Gift Aid claims
- Arrange for annual independent examination of the accounts
How to apply
In the first instance, please send an email, with a brief CV to operations@lymhf.org.uk outlining:
- your reasons for wishing to become a Treasurer/Trustee
- your previous business and charity experience
- your skills and connections
If you wish to have an informal conversation before submitting your application, please indicate this in your email.
What happens next
We will contact you to provide further information and answer any questions you may have.
If you wish to be considered as a Treasurer/Trustee, we will ask you complete an Application and Membership Form, together with a DBS Check.
On receipt of your application you will be invited to attend an interview. Any appointment will be ratified by the Board of Trustees at the next Board meeting.