Role Description
The Treasurer Trustee plays a key role on the Board by providing financial oversight, ensuring the community centre is financially sustainable, and supporting good governance. The Treasurer works closely with the Chair, trustees, and management team to maintain accurate financial records, monitor budgets, and safeguard the centre’s assets, while helping the organisation achieve its long-term goals.
Key Responsibilities
1. Financial Oversight & Stewardship
- Lead on the financial management of the centre, ensuring budgets are prepared, monitored, and approved by the Board.
- Ensure proper financial controls, accurate record-keeping, and compliance with accounting standards.
- Oversee income from hall hire, fundraising, grants, and other sources.
- Ensure annual accounts are prepared, audited (if required), and submitted in accordance with charity regulations.
2. Governance & Legal Compliance
- Ensure the centre operates in line with its governing document (constitution or trust deed).
- Comply with charity law and guidance from the Charity Commission for England and Wales regarding financial responsibilities.
- Support the Board in making informed decisions on financial strategy, risk, and sustainability.
3. Strategic Planning & Sustainability
- Advise the Board on financial planning and long-term sustainability.
- Support fundraising initiatives, income diversification, and resource planning to meet community needs.
- Contribute to strategic discussions and decisions, providing financial insight to guide the centre’s direction.
4. Property & Assets
- Oversee financial aspects of property management, maintenance, insurance, and risk assesments.