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Posted: 16th November 2022

Sycamore Trust UK seeks Treasurer

Sycamore Trust U.K. is looking for a Trustee for the role of Treasurer

Sycamore Trust U.K. is looking for a Treasurer to join our experienced board to lead in overseeing the financial affairs of the organisation, ensuring its financial viability and ensuring proper financial records and procedures are maintained. The Treasurer will assist other trustees to perform their financial duties, by interpreting and explaining accounting requirements, ensuring that the board receives reports containing the information trustees need in an 'easy to understand' format, and helping trustees guide any other professional advisers they have appointed.

Job description for a Treasurer

The overall role of a Treasurer is to maintain an overview of an organisation's financial affairs, ensuring its financial viability and ensuring that proper financial records and procedures are maintained.

The tasks of a Treasurer will include:

  • keeping the board aware of its financial responsibilities
  • ensuring that the organisation's accounts are prepared in a suitable format
  • ensuring that the accounts and financial systems are audited as required by regulatory requirements
  • liaising with the auditors/independent examiners.

The responsibilities of the Treasurer will include:

  • overseeing the preparation and presenting of budgets, accounts and financial statements
  • being assured that the financial resources of the organisation meet its present and future needs
  • ensuring that the organisation maintains an appropriate reserves policy
  • the preparation and presentation of financial reports to the board
  • ensuring that appropriate accounting procedures and controls are in place
  • liaising with employed staff and volunteers about financial matters
  • advising on the financial implications of the organisation's strategic plan
  • ensuring that there is no conflict between any investments held and the aims and objectives of the organisation
  • ensuring that the accounts are prepared and audited in compliance with the organisation’s obligations
  • keeping the board informed about its financial duties and responsibilities
  • making a formal presentation of the accounts at the annual general meeting and summarising the points in a coherent and easily understandable way

Person specification for a Treasurer

  • In addition to the qualities needed by all trustees, the Treasurer should also possess the following:
  • financial experience and business planning skills
  • some experience of organisation finance and fundraising
  • the skills to analyse proposals and examine their financial consequences
  • a preparedness to make impartial recommendations to the board
  • a willingness to be available to give financial advice and answer enquiries from any staff or volunteers on an ad hoc basis.

For an informal chat please contact: Chris Gillbanks on chris.gillbanks@sycamoretrust.org.uk or 020 8517 9317