We are looking for a Trustee Treasurer to join our Board of Trustees and help us oversee the financial management of our organisation. As a Trustee Treasurer, you will be responsible for ensuring the sound financial management of our charity, including developing and implementing financial policies and procedures, preparing and presenting financial reports to the Board of Trustees, and sitting on our Investment Committee.
Overall purpose
The RFSA trustees are responsible for:
- The overall governance and strategic direction of the RFSA
- ensuring that the RFSA’s activities meet the charity’s purpose and are in accordance with the governing documents, legal and regulatory guidelines.
The treasurers’ responsibilities
- To maintain sound financial management of the charity’s resources, ensuring that expenditure is in line with the RFSA’s purpose, and meets accepted standards and policies.
- To review and amend the reserves and cash management policies.
- To approve and authorise online payments.
- To manage, alongside the Secretary, the charity cash flow.
- To sit on the Investment Committee, which oversees investments and the investment policy.
- To ensure the RFSA’s funds are prudently invested and that the property is effectively managed since it forms part of the charity’s investment portfolio.
- To uphold the fiduciary duty invested in the position.
The trustees' responsibilities
- To assume and execute the responsibilities of a company director according to UK law and the ethical standards of the Charity Commission.
- To ensure the charity complies with legislative and regulatory requirements, and acts within the confines of its governing document.
- To act in the best interest of the charity, beneficiaries and future beneficiaries at all times.
- To maintain absolute confidentiality about all sensitive/confidential information received in the course of trustee’s responsibilities to the charity.
- To take appropriate professional advice in all matters where there may be material risk to the charity, or where the Trustees may be in breach of their duties. This course of action will ensure the obligation to exercise their duty of care.
- To determine the overall direction and development of the RFSA, in line with its charitable objectives.
- To assist in the implementation of the strategic plan.
- To avoid any personal conflict of interest.
- To ensure the effective and efficient administration of the charity and its resources, striving for best practice in good governance.
Qualifications
- Strong financial acumen and experience with financial management
- Ability to understand and interpret financial statements
- Experience with developing and implementing financial policies and procedures
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Commitment to the organisation's mission and values
The Board meets at least 4 times a year, two of these being in person meetings in Central London, with a number of sub-group meetings held virtually through the year. The time commitment is approximately 1 day per month.
This is a voluntary unpaid position, with reasonable travel expenses paid.
A CV and covering letter can be sent to admin@rfsafoundation.org
The application deadline is 30th October, with interviews expected to take place virtually in November.
