The Reading Advice Network is a new infrastructure charity which has been formed to support organisations in Reading who provide information, advice and advocacy. Its main aims are to improve the quality and accessibility of the services its member organisations provide by:
- creating and maintaining a Reading Quality Standard for information, advice and advocacy.
- sharing knowledge, training and specialist expertise.
- developing joint outreach services in areas of particular need.
- providing a forum where members can discuss key issues around information, advice and advocacy services.
- being the collective voice of members to shape service provision.
The RAN treasurer will also be a trustee – the Trustee Board is likely to meet every 2-3 months. The role will be of interest to a finance professional who is keen to widen their experience and learn new skills but also wants to give something back to their community. The role is not just about compliance and governance activities, safely guiding the charity financially and ensuring that the other trustees understand the financial position, it is also about understanding the bigger picture, having a direct impact on the work of the charity and thus being able to make a real difference for people in Reading.
The overall role of a treasurer is:
- Maintaining an overview and control of the organisation’s financial affairs.
- Ensuring that proper financial records and procedures are maintained.
- Ensuring the organisation is compliant with financial legislation governing a Charitable Incorporated Organisation.
- To ensure that the organisation complies with its governing document and any other relevant financial legislation or regulations.
- To ensure the financial stability of the organisation.
- To ensure the organisation applies its resources exclusively in pursuance of its objects.
- To contribute actively to the Trustee Board’s role in giving firm strategic direction to the organisation, setting overall finance policy, defining goals, setting targets and evaluating performance against agreed targets.
- To ensure that the charity accounts are maintained accurately and on time.
- To produce management accounts for the Trustee Board’s meetings.
- To ensure the proper investment of the charity’s funds.
- To safeguard the good name and values of the organisation.
Treasurer person specification
The key to the role is being able to build trust and inspire confidence; so good communication skills are crucial. The treasurer also needs to be able to explain the technicalities of the accounts in plain language so that other trustees understand and are interested in finance issues to enable informed discussion and decision-making