Trustee Honorary Treasurer

Trustee Honorary Treasurer

Trustee/Governor
J56626
At a glance

Skills

  • Accountancy
  • Financial management
  • Business development
  • Fundraising strategy

Where

West Midlands, West Midlands, DY10 2SH
Mainly at home
Travel limit? No limit - must be prepared to travel to evening meetings as specified.

Time

Either in or out of office hours Attendance at 6 evening trustees meetings per year - approx 3 hours long. Attendance at the AGM. Liaison with financial support manager as required.

Deadline

19 Feb 2018

We are a group of 3 buildings preservation trusts rescuing historic buildings at risk across the West Midlands and Worcestershire. We need a new treasurer to help us achieve our vision of becoming a more financially resilient organisation.

What will you be doing?

West Midlands Historic Buildings Trust, Worcestershire BPT and the City of Wolverhampton Regenerating BPT are a consortium of preservation trusts currently operating with a combined Council of Management (trustees) & officers. The trusts are currently completing a strategic review which includes moving towards a more resilient management of financial services.

New Treasurer Role:

  • Responsibility for the assets, financial management, statutory and regulatory compliance and governance is vested in the Council of Management and each trustee (18 in number).
  • The Honorary Treasurer, working with the Officers of the Council of Management, is responsible for ensuring the governance arrangements of the Trusts comply with the guidance of the Charity Commission and statutory and regulatory guidance and in particular for ensuring that this guidance is understood in plain terms by all members of Council.
  • To this end the Treasurer will be required to:
  • Liaise between the Council of Management and the Trusts Financial Support Manager (responsible for day to day accountancy services) on financial issues to ensure that the Trusts finances are responsibly managed.
  • Liaise between the Council of Management and the Trusts appointed independent examiners to supervise the completion of annual accounts, and other legally required accounting procedures and ensure they are submitted to all relevant regulators in a timely fashion.
  • Make regular reports to the Council of Management on financial matters required to be considered to ensure that the financial affairs and assets of the Trusts are well managed and understood.
  • Introduce such reports by explaining their content and bringing to the notice of the trustees the significance of any legislative provisions relating to financial matters and governance.
  • Advise the Council of Management of external professional advice required in connection with specialist financial matters, changes in regulatory or statutory legislation and guidance, and investments.
  • Prepare or arrange for the preparation and review of financial standing orders, internal control systems and record systems for approval by the Council of Management.
  • Advise on and review the appointment and specifications for external financial management agreements including day to day accountancy services, independent examiners and  financial advisors.

What are we looking for?

Essential

  • Qualified accountant with demonstrated commercial awareness and knowledge.
  • Knowledge of charity SORP and impending changes.
  • Competent use of IT skills.
  • Proven ability to communicate and explain financial information to the Trustees, Members and other stakeholders.
  • Analytical and evaluation skills, demonstrating good judgement.
  • Understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship.
  • Good communication and leadership skills 
  • Dedicated to the Trust’s conservation cause and objectives, and willing to act an ambassador to external bodies, charities and companies.

Desirable

  • Demonstrated knowledge and experience of charity finance practices.
  • Skills and experience in one or more areas of non-executive governance and management e.g. business management, financial/accountancy, experience of Trusts, fundraising and legal knowledge.
  • A team-oriented approach to problem solving and to management.

 

Time Commitment

You will need to attend  SIX evening meetings of The Council of Management per year and the Annual General Meeting. Liaison with the Financial Support Manager and independent accounts examiners will need to be done by email, telephone or meetings required.

Attendance at other meetings is optional but there will be an opportuntiy to get directly involved with buildings restoration projects.

Council of Management meetings are currently held in Stourbridge or Worcester. The AGM is held in Stourbridge.

  • The Trusts currently have no office premises.
  • The Trusts registered office address is in Kidderminster. Rooms can be made available for meetings here when required.
  • The Trusts Financial Support Manager is located in Pendeford, Wolverhampton.

What difference will you make?

The three Trusts are moving towards a closer working relationship in order to become stronger. These are challenging times for building preservation trusts as the availability of funding for projects is becoming increasing competitive. Working together the trusts hope to become more financially resilient.

We have recently entered into an agreement with a financial support manager to take on the day to day bookkeeping for the trusts as this was becoming too onerous for a volunteer treasurer. Hence we have reconfigured the Honorary Treasurer role and are seeking an accountancy professional who can advise the trustees, in particular in relation to charity regulations.

We need someone who can guide the Trusts into a more financially secure future so that we can deliver more projects to benefit the historic built environment of the area, building on our previous successes. Creating a stable financial foundation over the next 5 to 10 years will be critical to the survival of the organisations and the Honorary Treasurer role will be a key position to guide in the development of this goal.

What's in it for the volunteer?

You will be joining a group of highly qualified trustees with a passion for saving historic buildings and making things happen. At a period of change for the Trusts this is an opportunity to make a real difference. Saving buildings at risk can transform places blighted by dereliction and give new heart to communities. It provides employment, training and educational opportunities in addition to new uses for neglected historic buildings. But, this can't be done without strong financial management and planning but this is a skill we currently lack on our board.

A few more details

  • The position is honorary however reasonable expenses associated with the position may be paid subject to agreement.
  • Further information can be found on the three Trusts web site and Facebook pages West Midlands Historic Buildings Trust (WMHBT) and Weavers Cottages.

Before you apply

Please contact the Trusts' Chairman for an informal discussion about this opportunity. Interviews will be held in late February or early March.
Causes
  • Museums / heritage
  • West Midlands Historic Buildings Trust is a registered charity and company limited by guarantee established in 1986 as a revolving fund buildings preservation trust. The Trust is empowered to...