Treasurer
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Job ref: 9f3d5412255f41148ebe22759961fef4
Full Job Description
The Board of Trustees is collectively responsible for overseeing the activities of The London Vocational Ballet School, determining its future direction and fostering an environment in which the school's mission is achieved and the potential of all of its students is realised.
The Board works to ensure that the school complies with the legislative, regulatory and best-practice framework within which English education and charities operate.
Trustees are asked to commit to four Main Board meetings a year (2.5 hours). These meetings are currently held virtually.
The Treasurer will be the Chair of the Finance Sub Committee. The Finance Sub Committee meets four times a year.
All trustees are expected to participate in discussions and make decisions as required.
Responsibilities of the Treasurer:
Overseeing, approving and presenting draft budgets and management accounts to the Board.
Chairing the Finance Sub Committee in line with its Terms of Reference and reporting back to the Board of Trustees.
Overseeing the financial health of LVBS to ensure its resources remain adequate for its current and future financial needs.
Advising the Board on the financial implications of the organisation's strategic plans.
Ensuring that the charity has appropriate reserves and investment policies and liaising with and advising staff about financial matters.
Approving expenditure in accordance with bank and investment mandates and the organisation's financial procedures.
Ensuring the accounts are prepared and examined in accordance with the Charities SORP, liaising with the independent examiner where required. Making a formal presentation of the accounts at the Annual General Meeting, illustrating the important points in an understandable way.
This role is not accompanied by any financial remuneration but reasonable expenses may be claimed.
The Board works to ensure that the school complies with the legislative, regulatory and best-practice framework within which English education and charities operate.
Trustees are asked to commit to four Main Board meetings a year (2.5 hours). These meetings are currently held virtually.
The Treasurer will be the Chair of the Finance Sub Committee. The Finance Sub Committee meets four times a year.
All trustees are expected to participate in discussions and make decisions as required.
Responsibilities of the Treasurer:
Overseeing, approving and presenting draft budgets and management accounts to the Board.
Chairing the Finance Sub Committee in line with its Terms of Reference and reporting back to the Board of Trustees.
Overseeing the financial health of LVBS to ensure its resources remain adequate for its current and future financial needs.
Advising the Board on the financial implications of the organisation's strategic plans.
Ensuring that the charity has appropriate reserves and investment policies and liaising with and advising staff about financial matters.
Approving expenditure in accordance with bank and investment mandates and the organisation's financial procedures.
Ensuring the accounts are prepared and examined in accordance with the Charities SORP, liaising with the independent examiner where required. Making a formal presentation of the accounts at the Annual General Meeting, illustrating the important points in an understandable way.
This role is not accompanied by any financial remuneration but reasonable expenses may be claimed.
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