Treasurer

The overall role of a treasurer is to maintain an overview of the Hive’s financial affairs, ensuring its viability and that proper financial records and procedures are maintained.  The role can also be undertaken by a finance sub-committee.  The role and person specification are summarized below.

General financial oversight:

• • To oversee and present budgets, accounts and financial statements,
  • To liaise with designated staff regards financial matters,
  • To ensure that appropriate accounting procedures and controls are in place,
  • To ensure compliance with relevant legislation,
  • To ensure any recommendations of the auditors are implemented,
  • To ensure accounts meet the conditions of contractual agreements with external agencies such as funders and statutory bodies.

Financial planning and reporting

• To present financial reports to the Board of Management,
• To make a presentation of the accounts at the annual genera meeting (AGM),
• To advice on the Hive’s reserves and asset management,
• To advise on the financial implications of the Hive’s strategic and operational plans.

Other

• To chair meetings of the finance sub-committee

Qualities and skills required:

• Experience of financial control and budgeting,
• Good communication and interpersonal skills,
• A willingness to be contacted on an ah hoc basis,
• Ability to ensure decisions are taken and followed up.

Time Commitment Required:

The role of the treasurer requires an estimated commitment of four hours per month.