Board Member: Treasurer (Volunteer role) in London

Location: London

Remuneration: The role of a member of the Board of Directors is not accompanied by any financial remuneration, although expenses for travel may be claimed.

Time commitment: 6 Board meetings per year, with additional meetings or attendance at sub-committees as required. Board members may also be asked to represent Pride in London at various events and meetings with key stakeholders.

Reporting to: Chair of the Board

ROLE DESCRIPTION

The members of the Board of Directors are legally responsible for the effective governance of the CIC. All members of the Board are also the legal Members of the organisation. The Board of Directors are responsible for setting the strategic direction of Pride in London, as well as ensuring its financial health, good governance, legal compliance, and effectiveness. The Board provides constructive challenge to the CEO and Senior Leadership of Pride in London, while ensuring the CIC’s actions align with its mission, vision, and values. The Treasurer leads on financial oversight and compliance on behalf of the Board.

Financial Leadership and Compliance

• Ensure that the Board receives appropriate budgetary and financial information on the activities of the CIC including Annual Accounts.
• Ensure that all accounts are prepared and disclosed in the form required by funders and the relevant statutory bodies.
• Recommend to the Board appropriate accounting procedures, controls and policies consistent with the scheme of delegation.
• Oversee the appointment of auditors and review on a regular basis.
• Work in close partnership with the Senior Leadership Team finance lead in executing their responsibilities and achieving their goals.
• Ensure that the CIC sets an appropriate reserves policy.
• Ensure that assets are adequately maintained and accounted for.
• Ensure that the Board is aware of its financial duties and responsibilities and the need to comply with all legislation.
• Ensure that all financial policies, procedures and the appointment of external financial advisors are reviewed on a regular basis.
• Ensure that the Board’s scheme of delegation is reviewed on a regular basis.
• Acts as Chair of the Finance, Risk and Audit sub-committee of the Board.

Responsibilities as a Member of the Board

• Work with the rest of the Board and CEO to set a clear strategic direction for the CIC, defining overall strategy and policy, setting targets and evaluating performance against agreed targets.
• Regularly review major risks and associated opportunities, and ensure that systems are in place to take advantage of opportunities, and manage and mitigate the risks.
• Ensure the sound financial health of the CIC, with systems in place to ensure financial accountability.
• Ensure the CIC applies its resources exclusively in pursuing its objectives.
• Ensure the effective and efficient administration of the CIC, complying with all relevant legal and regulatory requirements.
• Safeguard the good name and values of the CIC.
• Be collectively responsible for the actions of the CIC and other members of the Board.
• Attend meetings and subcommittee meetings as appropriate and read papers in preparation for the meeting.
• Keep informed about the activities of the CIC and wider issues which affect its work.
• Work within the guidelines set out in the Articles of Association, Board of Directors’ Code of Conduct, and Scheme of Delegation.
• Work collaboratively with other Board members and Senior Leadership.
• Work within any agreed policies adopted by the CIC.
• Act as an ambassador for Pride in London’s cause and the CIC itself.
• Represent the CIC at external functions, meetings and events where appropriate.

Additional information

The above list is indicative only and not exhaustive. Board members will be expected to perform all such additional duties as are reasonably commensurate with the role. In addition to the duties of all Board Member, each Board Member should use any specific skills, knowledge or experience they have to help the Board reach sound decisions. This will involve scrutinising Board papers, leading discussions, focusing on key issues, and providing advice and guidance as requested by the Board in respect of new initiatives, or other issues, to the area of the CIC's work in which the Board Member has special expertise.

Person specification

• Demonstrate a strong and visible passion and commitment to Pride in London, its strategic objectives and cause.
• Demonstrate a thorough understanding of the needs of LGBT+ people in London, the LGBT+ community and its culture, and the wider context in which Pride in London works.
• Demonstrable expertise in financial management and governance for minimum £1m.
• A problem-solving mindset and ability to work collaboratively and constructively.
• Ability to commit time to conduct the role well, including travel and attending events out of office hours.
• A professional financial qualification is desirable.
• Previous experience of charity/CIC/corporate governance and/or senior leadership within a multi-million pound organisation is desirable but not essential.

Terms

The Treasurer (and all board members) will serve a three-year term and are eligible for reappointment at the end of their term. All Board Members are also Members of the CIC.

HOW TO APPLY – PLEASE READ CAREFULLY

Ready to help us drive the conversation forward? We want to hear from you. Email your CV along with a short cover letter mentioning which area of skills you think you can best bring.

Pride in London is a community-led organisation. We particularly welcome applications from those who are underrepresented in political spheres, including trans people, non-binary individuals, and LGBTQ+ people of colour.