Treasurer

We are looking for a Treasurer to join our Board of Directors. The overall role of the Treasurer is to maintain an overview of the organisation’s finances, ensure its financial viability, and ensure that proper financial records and procedures are maintained.

You should have knowledge of accounting and finance, either from a specialist finance background or from managing a business’s finances. We employ an external accountant to manage our statutory accounts, payroll, PAYE and corporation tax. We do our own bookkeeping, for which we use QuickBooks. We will be registering for VAT within the next few months.

Board members are collectively responsible for setting the organisation’s strategic direction and ensuring it meets its statutory obligations as a community interest company. As a Director of the company, you will be bound by the duties set out in the Companies Act 2006. You will be expected to attend quarterly board meetings. These last around two hours and are typically held online, though some may be held in person in Norwich.

In addition to your general responsibilities as a member of the Board, you will:

• Work with the Executive Director to prepare the annual budget.
• Support the Executive Director with cash flow forecasting and preparing quarterly management accounts for the Board.
• Ensure that the organisation’s reserves policy is appropriate and is reviewed annually.
• Ensure adequate financial controls are in place.
• Maintain oversight of restricted funds and ensure expenditure from these funds is being recorded correctly.
• Work with the Executive Director to review strategic plans and advise on financial implications.
• Liaise with Our Power’s accountant to ensure the annual accounts are submitted correctly.

The time commitment associated with this role is approximately 6 hours a month.