College Treasurer – Job Description

College Treasurer – Job Description
Main Responsibilities
• To oversee and present budgets, accounts, management accounts and financial
statements to the College Council (the Trustee body) after appropriate
consultation with and the involvement of key staff and the Finance Committee.
• To ensure that proper accounts and records are kept.
• To ensure that financial resources are spent and invested in line with the
charity’s policies, good governance, legal and regulatory requirements and
compliance.
• To be instrumental in the development and implementation of policies relating to
financial management, reserves and investments.
Main Duties
• Working closely with the College Manager, Finance Officer, College Principal,
BCYM Regional Centre Director and the Finance Committee on the whole range
of financial activities ensuring an effective team is operational.
• Acting as a Trustee of the College and normally attending all Council and Finance
Committee meetings.
• Identifying matters of strategic or operational importance which should be
brought to the attention of the Finance Committee and Council to ensure good
charity governance is maintained.
• Producing and presenting management accounts, budgets, investment reports
and other financial reports to management, Committees and Council.
• Liaising with the charity’s external auditor especially in monitoring and advising
on financial viability.
• Liaising with the appointed Investment managers, producing reports and
recommendations on performance and strategy.
• Creating and monitoring “good practice” financial controls and systems.
• Advising on the financial implications of the charity’s strategic plan.
• Liaising with the Charity/Company Secretary, contributing to the Trustees’
Annual Report and Accounts, ensuring it is fully compliant with current Charities
SORP and, where applicable, the Companies Act.
• Alerting the Trustees to changes in SORP and other financial regulations.
• Ensuring that the payroll is fully compliant with HMRC regulations and is
competently managed.
• Creating and administering appropriate internal audit systems.
• Acting as counter-signatory on the charity bank accounts (paper based and
electronic).
• Maintaining sound financial management of resources, ensuring all expenditure is
in line with the charity’s objects.
• Administering the Creed Trust and acting as one of its trustees.
• Contributing to the fundraising strategy of the charity.
• Contributing to the Risk Management of the charity, especially with regard to
financial risk.
• Working with the College Manager to ensure appropriate and adequate insurance
policies are in place.

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