Honorary Treasurer

Posted 6 days 12 hours ago by DeedMob B.V

Permanent
Not Specified
Other
Hertfordshire, Hitchin, United Kingdom, SG4 0
Job Description

111 Walsworth Road, Hitchin, SG4 9SP, United Kingdom

Community & Family Education Children & Youth

Summary

Hitchin Youth Trust is looking for a Treasurer to work with our paid Administrator to manage payments to support local young people.

Detailed Description
  • Maintain adequate financial records in accordance with any financial controls imposed upon us.
  • Ensure regular reporting of Income and Expenditure to fellow Trustees.
  • Introduce any budgetary controls that may be necessary.
  • Produce annual statement of accounts in association with the external auditors, which are required by any governing body (e.g., Charity Commission).
  • Ensure that in the Treasurer's absence, a deputy is available to continue to maintain the accounts on a regular basis.
  • Ensure all Banking and associated Custody procedures are adequate.
  • Ensure sufficient funds are available to enable all invoices and grants to be paid promptly.
  • Communicate with our Investors (currently UBS) so money is invested and drawn down in a prompt manner as and when required.
  • Ensure adequate controls are in place for any financial transactions that are transacted on behalf of the Hitchin Youth Trust. Any risk identified will be reported to the Chairman.
  • Ensure that any employee of the Hitchin Youth Trust is promptly paid and all appropriate records maintained.
  • Ensure that any committees of the Hitchin Youth Trust are given adequate financial information/reports that are needed by them to perform their function.
  • The Hon Treasurer should also be a member of the Investment Committee and work closely with him/her to provide the necessary information to propose budgets to the main board.
  • To liaise with the Investment Committee Chairman to make sure the correct reports and information are received by our Investment Managers and given to the Trustees as appropriate.
  • Maintain a Risk Register to highlight potential risks to the Trust and log and review them on the Risk Register (Investment Section).

Hitchin Youth Trust is a Registered Charity whose aim is to support activities for young people up to the age of 26.