City of Sanctuary Sheffield – Overview
Our vision is to build a culture of safety and welcome for people seeking sanctuary.Sheffield was the first place in the UK to become a City of Sanctuary in 2007; we are now part of a national network linking towns, cities, schools and universities, sports teams, libraries and many other organisations across the UK. The national network is a great resource and support for our local work.
Our trustees will ensure that the governance of CoSS is of the highest possible standard and that our decision making is informed, integrity driven, and focussed on this vision. The role is relatively light touch with meetings less than monthly.
The Treasurer works in close co-operation with, and provides support and advice to, the Finance Officer. Specific responsibilities are to:
* Guide and advise the Board in the approval of budgets, accounts and financial statements, within a relevant policy framework.
* Keep the Board informed about its financial duties and responsibilities.
* Advise the Board on the financial implications of City of Sanctuary Sheffield's strategic plans and key assumptions included in management's operational plan and annual budget.
* Confirm that the financial resources of City of Sanctuary Sheffield meet present and future needs.
* Understand the accounting procedures and key internal controls, so as to be able assure the Board of City of Sanctuary Sheffield's financial integrity.
* Ensure that the accounts are properly examined or audited annually, and that accepted recommendations of the examiner/auditor are implemented, and to meet the examiner/auditor at least once a year (online if regulations demand).
* Formally present the accounts to Trustees, drawing attention to important points.
* Present regular reports to the Trustees, including quarterly budget comparisons, and cash flow and free reserve forecasts.
* Ensure that adequate security precautions are taken to safeguard financial and other assets.
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