We're recruiting for an Honorary Treasurer

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RECRUITMENT OF HONORARY TREASURER

Closing date: 3 August 2021

Based: London

Most meetings are online

The Early Years Alliance is the largest and most representative early years membership organisation in England.

We support childcare providers with policy updates, a specialist information service, legal helpline, training and tailored professional development. 

We are one of the largest voluntary sector provider of registered early years places in England and are recognised as an authoritative voice in all aspects of early years policy and practice.

Seeking an Honorary Treasurer

We are looking to recruit an individual to our Board of Trustees who will carry out the role of Honorary Treasurer.

We are seeking candidates who have not-for-profit finance and governance experience, are willing to attend meetings and have appropriate accountancy qualifications.

Trustees will be expected to devote approximately half a day per month, plus some time for induction.

Trustees are unpaid but reasonable expenses are reimbursed. 

Potential applicants are welcome to contact the Chair of Trustees for a discussion in confidence around the role.

You can contact the Chair via Estella Massiah on estella.massiah@eyalliance.org.uk.

To apply for the role, please send a full CV and covering letter addressing the person specification for the role. You must have the right to work within the UK.

Applications should be sent to Estella Massiah on estella.massiah@eyalliance.org.uk by 3 August 2021.


The role of a trustee

Trustee Roles and Responsibilities

The overall role of a trustee is to:

  • Maintain an overview of the organisation's affairs
  • Set and maintain vision, mission and values
  • Develop strategy
  • Ensure its financial viability.

General responsibilities of a trustee

  • To ensure that the organisation complies with its governing document, charity law, company law and any other relevant legislation or regulations.
  • To ensure that the organisation pursues its objects as defined in its governing document.
  • To ensure the organisation applies its resources exclusively in pursuance of its objects (the charity must not spend money on activities which are not included in its own objects, no matter how worthwhile or charitable those activities are). 
  • To contribute actively to the Board of Trustees' role in giving firm strategic direction to the organisation, setting overall policy, defining goals and setting targets and evaluating performance against agreed targets.
  • To safeguard the good name and values of the organisation. 
  • To ensure the effective and efficient administration of the organisation.
  • To ensure the financial stability of the organisation.
  • To protect and manage the property of the charity and to ensure the proper investment of the charity's funds.
  • To appoint the Chief Executive and monitor his/her performance. 
  • To ensure effective Board appraisal.

In addition to the above statutory duties, each trustee should use any specific skills, knowledge or experience they have to help the Board of Trustees reach sound decisions.

This may involve:

  • Scrutinising board papers
  • Leading discussions
  • Focusing on key issues
  • Providing guidance on new initiatives
  • Giving a lead on issues about which the trustee has special expertise
  • Championing particular areas of the charity’s work in which the trustee has special expertise.

 

Trustee person specification
  • Commitment to the organisation.
  • Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship.
  • Willingness to devote the necessary time and effort.
  • Strategic vision.
  • Good, independent judgement.
  • Ability to think creatively.
  • Ability to work effectively as a member of a team.
  • Communication skills and willingness to speak their mind.
  • Commitment to Nolan's seven principles of public life: selflessness, integrity, objectivity, accountability, openness, honesty and leadership. 

Honorary Treasurer role and responsibilities

The overall role of the Honorary Treasurer
  • Maintain an overview of the organisation's financial affairs.
  • Ensure that the Board gives proper consideration to the financial viability of the charity.
  • Ensure that proper financial records and procedures are maintained.
  • Present financial information to the Board and members.
Duties of the Treasurer

Overview:

  • Overseeing, approving and presenting budgets, accounts and financial statements
  • Liaising with the Director of Finance about financial matters
  • Ensuring that there is no conflict between any investment held and the aims and objects of the charity
  • Monitoring the organisation's investment activity and ensuring its consistency with the organisation's policies and legal responsibilities
  • Chairing the charity’s Audit Committee.

Financial viability:

  • Being assured that the financial resources of the organisation meet its present and future needs
  • Ensuring that the charity has an appropriate reserves policy
  • Advising on the financial implications of the organisation's strategic plans
  • Ensuring that the charity has an appropriate investment policy
  • Contributing to the fundraising strategy of the organisation.

Financial records:

  • Ensuring that appropriate accounting procedures and controls are in place
  • Acting as a bank signatory
  • Ensuring the organisation's compliance with legislation
  • Ensuring that the accounts are prepared and submitted to the relevant statutory bodies, eg Charity Commission and Companies House
  • Ensuring that the accounts are audited and any recommendations are implemented.

Present financial information:

  • The presentation of financial reports to the board
  • Keeping the board informed about its financial duties and responsibilities
  • Making a formal presentation of the accounts at the annual general meeting and drawing attention to important points in a coherent and easily understandable way.

Other:

  • Sitting on appraisal, recruitment and disciplinary panels as required.
Treasurer person specification (in addition to those of trustee) 
  • Two years experience of a governance role in a not for profit organisation.
  • Some experience of charity finance, fundraising and pension schemes.
  • The skills to analyse proposals and examine their financial consequences.
  • Preparedness to make unpopular recommendations to the board.
  • Willingness to be available to trustees and staff for advice and enquiries on an ad hoc basis.
  • Accountancy qualification (desirable).

 

You can download the full recruitment pack here.

To apply for the role, please send a full CV and covering letter addressing the person specification for the role. You must have the right to work within the UK.

Please send your applications to Estella Massiah at estella.massiah@eyalliance.org.uk.


 

The Early Years Alliance is a registered charity (1096526) and company limited by guarantee (4539003). The legal registered name of the charity is Pre-school Learning Alliance.