Responsible To: Club Chair
Main Duties:
- To oversee the organisations finances, ensuring a budget is set, accounts are properly kept and audited and that the committee receives regular up to date and accurate financial information.
- To ensure that the organisation has enough money to carry out its business, is financially viable, and not trading insolvently.
- To liase with finance staff regularly, to maintain up to date knowledge on the organisation’s financial position and discuss issues of concern with the committee.
- To ensure that there are adequate financial controls and procedures in place and that these are regularly reviewed with a view to minimising risk.
- To ensure that sound financial advice is provided to the rest of the committee particularly in relation to long term planning and the production of business plans.
- To ensure that any investments made are sound and in line with the organisations charitable status and that all assets are managed in the best interests of the organisation and its beneficiaries.
- To ensure accounts are prepared in line with accounting procedures relevant to supported housing organisations and that returns are submitted to partner associations, funders, charity commission and registrar of companies annually or as frequently as required.
- To ensure auditors recommendations are acted upon.
- To be involved in fundraising where necessary.
- To present the audited accounts at the organisation’s AGM and draw attention to any salient points.
- To keep up to date with changes in legislation which affect the organisation financially e.g. accounting standards.
- To take the lead in the appointment of auditors.
- To take a lead in appraising the financial risk of future plans/proposals.