About the organisation
Age UK Merton is an independent charity operating within the national Age UK network. We provide services for older adults in the London Borough of Merton in south-west London. Our role is to ensure that older adults can easily access the support, services and care they need and to help older adults to live active and fulfilling lives. Our comprehensive services are specifically designed to support older people and reach around 3,000 Merton residents a year.
About the role
The role of the Treasurer is to maintain an overview of Age UK Merton’s finances, ensuring financial viability and that proper financial record-keeping and procedures are maintained.
In addition to the duties of a Trustee, the duties of the Treasurer are:
· Chairing the Finance Committee and reporting to the Board.
· Ensuring the financial resources of Age UK Merton meet its present and future needs.
· Ensuring that Age UK Merton has appropriate reserves and investment policies.
· Undertaking spot checks on payroll and online payments.
· Ensuring that appropriate accounting procedures and controls are in place.
· Advising on the financial implications of Age UK Merton’s strategic plans.
· Ensuring that there is no conflict between any investment held and the aims and objects of Age UK Merton.
· Monitoring Age UK Merton’s investment activity and ensuring its consistency with Age UK Merton’s policies and legal responsibilities.
· Ensuring that accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies, e.g. the charity commission and/or the registrar of companies.
· Ensuring that accounts are scrutinised through the annual audit and any recommendations are implemented.
· Keeping the Board informed about its financial duties and responsibilities.
· Making a formal presentation of the accounts at the AGM and drawing attention to important points in a coherent and easily understandable way.
Commitment required
Trustees have a significant responsibility within the organisation, so it is important that you can commit time to read and consider papers and reports, attend meetings and contribute to discussions and decision-making.
Trustees meet a minimum of six times a year, which usually includes four Board meetings, the AGM and an away day. Board meetings are held in the evening, with the AGM held in the afternoon and the away day held during a working day. We alternate between in-person and remote meetings. We also have sub-committees which meet several times a year, also in the evenings.
Trustees are expected to devote the necessary time to ensure they are fully prepared to actively participate in all meetings.
In addition to the above, the Treasurer would have a regular catch-up meeting with the Head of Finance.
Our ideal candidate
An experienced finance person, ideally a qualified accountant. Does not have to have charity finance experience, although that would be preferrable.
What’s in it for you
Through volunteering as a Trustee with Age UK Merton, you will providing the organisation with a key level of governance, that is vital to the running of the services that we provide for local, older residents. You will be joining the organisation at a time where we are looking to grow our income and therefore extend the impact we have across the Borough where we already support more than 3000 people per year. As a Trustee you will have the opportunity to attend specific events at Age UK Merton and other local networking events as a representative of the organisation.
Apply for the role
Please provide a short cover note setting out your motivations for volunteering for the organisation, any relevant skills/experience and why you think you might be a suitable candidate.
Opportunity Filled!
It looks like this volunteering role has already been taken. But don't worry, there are plenty more ways you can make a difference!
Welcome to Charterpath!
We specialise in connecting finance professionals with meaningful volunteer opportunities at charities in need of support. If you're eager to use your skills for a great cause, we're here to help you find the perfect match.
Explore more volunteer roles here and don’t forget to join Charterpath (for free) for more opportunities, exclusive events and more.