Treasurer

Treasurer

Trustee/Governor
J99548
At a glance

Skills

  • Accountancy / Auditing
  • Financial management

Where

Blantyre , G72 0YH
Mainly at the office
Travel limit? 100 miles

Time

Either in or out of office hours Estimate of time needed:
0-5 hours / month
0-5 hours/ month Board Meetings are currently held on Zoom and normally once a month for 2hrs - May require office visit to understand financials

Deadline

01 Dec 2024

Visitors from Fifth Day

Welcome to Reach Volunteering. We are a community and registered charity that connects people, skills and good causes.

To apply for this role, and any other on our platform, you need to be based in the UK, have at least three years of experience using the skills you wish to volunteer in a professional capacity or have lived experience (for trustee roles). Read more about our criteria.

Looking to give back to your community? We need treasurer help for our Board. We are a Credit Union that is forward looking and puts the members at the heart of everything we do.

What will you be doing?

Thistle Credit Union is led by a Board of Directors and includes a treasurer post, each with a diverse range of skills and expertise. The Board is accountable to all members and it is their role to define the strategy, approve business plans and to challenge and support the Chief Executive. The Board performs an assurance role and acts as an ambassador for members’ views. We are currently looking for a treasurer to support the board.

The role of Treasurer involves the following

  • Oversight of financial processes, policies and procedures to ensure all financial transactions are recorded accurately so that members’ funds are safe.
  • Work with key staff of credit union to derive an annual budget and monitor on monthly basis reporting to the Board.
  • Focus on the financial health and stability of the credit union, and be able to explain and alert the same to the Board Members.
  • Assist the Board in business planning and development.
  • Ensure the credit union meets regulatory requirements and accurate and timely reports to the regulators alongside our compliance team.
  • Work with key staff to manage external audit.
  • Management of banking and investment arrangements.

 

Overall Responsibilities of Treasurer

  • Ensures the credit union remains solvent, legal and compliance(in terms of financial ratios)
  • Ensures safe custody of all books, records and other financial documents
  • Regularly review business plan against performance

The majority of the time will be involved in monthly board meetings which last about 2 hours however there will be further time committed to prepare and understand an extensive amount of financial and regulatory detail.

What are we looking for?

Ideally we would like a volunteer who has experience in dealing with regulatory bodies in the financial field but would love a professional who has a strong background in Finance, Compliance and Audit. This is a senior position on the board, so would suit someone who has previously worked at this level.

What difference will you make?

The Board of directors serves as a liaison between the membership and the organisation that serves them. Within the Board the treasurer role is essential to maintain an overview of the Credit Union’s financial affairs, ensuring its viability and ensuring that proper financial records and procedures are maintained.

Both volunteers and staff cover all aspects of day to day running of the organisation, input and define the strategic mission with feedback from the members and deliver the community business with pride and passion.

Before you apply

Please contact us via Reach with any questions.

Causes
  • Children / families
  • Education
  • Financial inclusion
  • Organisation type: 
    Society, cooperative or credit union

    People helping people, plain and simple – Thistle Credit Union

     

    Thistle credit union is a financial co-operative owned by its members. It is a not-for-profit organisation which...