Enthusiastic Volunteer to Shape the Future Required

07 Mar 2021

UNIQUE OPPORTUNITY

TREASURER

WE ARE LOOKING FOR AN ENTHUSIATIC VOLUNTEER TO HELP SHAPE OUR FUTURE

A KEY ROLE TO HELP TRUSTEES TO DEVELOP AND GROW BSAS

After almost ten years, Howard Simmins will be stepping down from his role as BSAS Honorary Treasurer. Having joined BSAS as a young animal scientist whilst doing his PhD in the late 1970’s, Howard has held a number of invaluable roles within the Society and became Honorary Treasurer in 2012.

We are now looking to recruit a new Honorary Treasurer, working alongside Howard until he steps down in April 2021.

In this highly influential role, you will work closely with the Chief Executive and the board of Trustees, and be integral to assisting the Society to make good and affordable decisions, by identifying the risks and opportunities that are available to BSAS.  Given the current uncertainty due to COVID-19, this post is vital to ensuring the future sustainability of the Society. A central figure within the BSAS community, as Honorary Treasurer you will have the opportunity to interact and develop strong global links with researchers and industries who you may not have had contact with otherwise.

Please see below for a detailed job specification. To apply, please email maggie.mitchell@bsas.org.uk with your CV and a statement outlining why you believe you would make a good Honorary Treasurer. 

Role Title: Honorary Treasurer

Report: BSAS Trustees

Honorarium: £3,000 (agreed annually)

Preferred Background: Finance, Strategy and Governance, Fundraising, Legal, Risk.

1.0 Role Summary  

Monitoring, working closely with the Society’s CEO, the financial standing of the charity, reporting and making recommendations to trustees regarding budgeting, cash-flow forecasting, income streams and the overarching strategic management of the organisation’s financial resources.

Overseeing the charity’s financial risk-management process and reporting financial health to the board of trustees at regular intervals.

Liaising with external auditors on financial issues and ensuring that the organisation’s finances are responsibly managed/invested for the betterment of the organisation’s work and for the beneficiaries it serves.

2.0 Main Responsibilities of the Treasurer

In relation to Finance

  • Budgeting and strategic financial planning
  • Ensure all strategic plans are financially appraised and budgets are aligned to both short-term and long-term objectives each year.
  • Oversee planning/budgeting processes in participation with the Board and constructively challenge where required.
  • Suggest alternative scenarios while evaluating strategic plans as a part of the risk management process and as a part of performance and reporting scenarios.
  • Create greater transparency and accountability to improve resource allocation and charity’s image by adding specific measures as per SORP guidelines.
  • Management Reporting
  • Ensure a high standard of management accounting is maintained in order to safeguard assets.
  • Liaise with CEO, Association Management Agency Finance Director and Trustees to prepare and produce quarterly management accounts and in forward financial planning/budgeting
  • Statutory Financial Reporting
  • Board level liaison with external auditors on specific issues in the auditing process and related board representations.
  • Guide and advise fellow trustees to formally approve the annual report and audited accounts.
  • Explain technicalities of accounts in plain language which is fully understood by the trustees.
  • Reserves Policy
  • Develop reserves policy and safeguard the organisation’s finances.
  • Keep the board informed of free reserves position regularly and advise to cope with changing circumstances.

In relation to Governance

  • Lead the Board’s duty to ensure proper accounting records are kept, financial resources are controlled, invested, and economically spent in line with governance, legal and regulatory requirements.
  • Chair finance committees in line with standing orders and terms of reference and reporting findings/developments back to the Board of trustees.
  • Advising on the financial implications of the charity’s strategic plans and overseeing the charity’s financial risk-management process.
  • Lead in the development and implementation of financial reserves, cost management and investment policies.
  • Support and actively take part in search and interview for senior BSAS posts.

3.0 Personal Specification

Essential

  • Knowledge of charity SORP and impending changes.
  • Competent use of IT skills.
  • Proven ability to communicate and explain financial information to members of the Board 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

Desirable 

  • Demonstrated knowledge and experience of charity fundraising and finance practices.
  • Dedicated to the organisation’s cause and objectives and willing to act as the charity’s ambassador to external bodies, charities and companies.
  • Skills and experience in one or more areas of non-executive governance and management e.g., strategic planning, business management, financial/accountancy, understanding of HR issues, experience of Trusts or other grant giving bodies particularly fundraising and legal knowledge.
  • A team-oriented approach to problem solving and to management.
  • Ability to liaise with accountants and show demonstrated commercial awareness and knowledge. 

4.0 Time Commitment

  • The Board meets at least 2 times a year, currently meetings are more frequent and held via zoom.
  • Available to join interview panels for senior BSAS posts
  • You will be a member of a sub-committee which will meet around 4 times in a year.

5.0 Location

  • Board meetings are currently held via Zoom.

Closing date 30 March 2020

To apply, please email BSAS CEO maggie.mitchell@bsas.org.uk with your CV and a statement outlining why you believe you would make a good Honorary Treasurer.