PRIDE IN LONDON: TREASURER
Location: London
Remuneration: The role of a member of the Board of Directors is not accompanied by any financial remuneration, although expenses for travel may be claimed
Time commitment: 6 Board meetings per year, with additional meetings or attendance at sub-committees as required. Board members may also be asked to represent Pride in London at various events and meetings with key stakeholders.
Reporting to: Chair of the Board
Role Description
* The members of the Board of Directors are legally responsible for the effective governance of the CIC.
* All members of the Board are also the legal Members of the organisation.
* The Board of Directors are responsible for setting the strategic direction of Pride in London, as well as ensuring its financial health, good governance, legal compliance, and effectiveness.
* The Board provides constructive challenge to the CEO and Senior Leadership of Pride in London, while ensuring the CIC’s actions align with its mission, vision, and values.
* The Treasurer leads on financial oversight and compliance on behalf of the Board.
Financial Leadership and Compliance
* Ensure that the Board receives appropriate budgetary and financial information on the activities of the CIC including Annual Accounts.
* Ensure that all accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies.
* Recommend to the Board appropriate accounting procedures, controls and policies consistent with the scheme of delegation.
* Oversee the appointment of auditors and review on a regular basis.
* Work in close partnership with the Senior Leadership Team finance lead in executing their responsibilities and achieving their goals.
* Ensure that the CIC sets an appropriate reserves policy.
* Ensure that assets are adequately maintained and accounted for.
* Ensure that the Board is aware of its financial duties and responsibilities and the need to comply with all legislation.
* Ensure that all financial policies, procedures and the appointment of external financial advisors are reviewed on a regular basis.
* Ensure that the Board’s scheme of delegation is reviewed on a regular basis.
* Acts as Chair of the Finance, Risk and Audit sub-committee of the Board.
Responsibilities as a Member of the Board
* Work with the rest of the Board and CEO to set a clear strategic direction for the CIC, defining overall strategy and policy, setting targets and evaluating performance against agreed targets;
* Regularly review major risks and associated opportunities, and ensure that systems are in place to take advantage of opportunities, and manage and mitigate the risks;
* Ensure the sound financial health of the CIC, with systems in place to ensure financial accountability;
* Ensure the CIC applies its resources exclusively in pursuing its objectives;
* Ensure the effective and efficient administration of the CIC, complying with all relevant legal and regulatory requirements;
* Safeguard the good name and values of the CIC;
* Be collectively responsible for the actions of the CIC and other members of the Board;
* Attend meetings and subcommittee meetings as appropriate and read papers in preparation for the meeting;
* Keep informed about the activities of the CIC and wider issues which affect its work;
* Work within the guidelines set out in the Articles of Association, Board of Directors Code of Conduct, and Scheme of Delegation;
* Work collaboratively with other Board members and Senior Leadership;
* Work within any agreed policies adopted by the CIC;
* Act as an ambassador for Pride in London’s cause and the CIC itself;
* Represent the CIC at external functions, meetings and events where appropriate.
Additional information
* The above list is indicative only and not exhaustive.
* Board members will be expected to perform all such additional duties as are reasonably commensurate with the role.
* In addition to the duties
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