Treasurer

As a Trustee of TMT the Treasurer shares responsibility for discharging the board's duties. In addition, the role involves the specific tasks listed below:

• Keeping the board informed about its financial duties and responsibilities, guiding and advising on approval of the charity’s budgets, accounts and financial statements.
• Advising on the financial implications of strategic plans and key assumptions in the operational plan and annual budget

With the Executive Director and TMT’s accountant:

• Monitoring income, expenditure and variances against budget, and presenting reports to the board on a quarterly basis.
• Ensuring that all board members have a clear understanding of the accounts presented at meetings and the implications that they reveal
• Presenting the annual accounts at the AGM, drawing attention to important points in a coherent and understandable way.
• Ensuring that accounts are prepared at year-end in compliance with the SORP Accounting for Charities and making arrangements for them to be audited or independently examined, as required by the Charity Commission.
• Working with the ED to ensure that annual accounts are submitted to the Charity Commission and Companies House, within the deadlines set.
• Understanding the accounting procedures and key internal controls to be able to assure the board that the charity's financial integrity is sound, and that the Finance Policy is reviewed annually accordingly, to ensure proper financial procedures and controls are in place to safeguard the charity's resources.
• Ensuring that a realistic budget is produced which meets the charity's needs, and that there is an appropriate reserves policy which is adhered to.

With the Chair and ED:

• Ensuring that money received is only spent on the purposes for which it was given, in accordance with the banking controls and authorisations set out in the Finance Policy