At a Glance
- Tasks: Join our Board of Trustees as Hon. Treasurer, managing finances and guiding our charity's success.
- Company: Lygon Almshouses is a historic charity providing sheltered flats for those in need in Fulham.
- Benefits: Make a meaningful impact in your community while gaining valuable experience in financial management.
- Why this job: Contribute to a noble cause, work with passionate individuals, and enhance your leadership skills.
- Qualifications: Must be a qualified accountant with a commitment to community service and independent thinking.
- Other info: This unpaid role requires 4-5 hours bi-weekly, with more time needed during audits.
HON. TREASURER FOR LYGON ALMSHOUSES, FULHAM, LONDON SW6 6TH Lygon Almshouses, founded in 1833, is seeking a new trustee who is a qualified accountant for the unpaid role of Hon. Treasurer. The registered charity provides 40 modern sheltered flats for people of limited means, living in Fulham. It enables residents to live independently but with a resident Warden on call if help is needed. The development is set around communal gardens on Fulham Palace Road, Fulham. The Almshouses are governed by the Board of Trustees and the Clerk to the Board handles the administration. The Warden and Clerk are paid employees. We are looking for candidates from the area who want to “give back” to the community and have the time available to do so. They must be prepared to think independently and contribute to the success of the charity in providing well-run and comfortable accommodation. Duties include: attending 4/5 Trustee and chairing 4/5 Finance Committee meetings p.a. usually held at 12 noon on a Wednesday; preparation of quarterly management accounts and annual budget using the Xero accounting package plus reviewing the annual accounts prepared by our external accountants; advising the Board on the financial impact of proposals and managing cashflow; identifying and managing financial risks; ensuring the trust’s accounts comply with the legal requirements for charities; Setting prudent investment objectives, monitoring performance of the trust’s investment funds and managing them appropriately; preparation of investment reports from reports provided by external investment managers and presentation of these reports to the Board in an accessible way; The role requires commitment and takes up 4 or 5 hours every fortnight, but more hours at quarter end and during audit/examination of the accounts. Please apply with your CV to Rosie Falconer, Clerk to the Trustees
Treasurer on Board of Trustees employer: Lygon Almshouses Trust
Contact Detail:
Lygon Almshouses Trust Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasurer on Board of Trustees
✨Tip Number 1
Familiarize yourself with the specific financial responsibilities of a treasurer in a charity setting. Understanding the nuances of charity finance, including compliance and risk management, will help you stand out as a knowledgeable candidate.
✨Tip Number 2
Network with current or former trustees of similar organizations. They can provide insights into the role and may even offer recommendations or introductions that could strengthen your application.
✨Tip Number 3
Demonstrate your commitment to the community by engaging in local charitable activities or initiatives. This shows your dedication to giving back and aligns with the values of Lygon Almshouses.
✨Tip Number 4
Prepare to discuss your experience with Xero or similar accounting software during any interviews. Being able to confidently talk about your technical skills will reassure the board of your capability to handle their financial needs.
We think you need these skills to ace Treasurer on Board of Trustees
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Hon. Treasurer position. Familiarize yourself with the duties listed in the job description, especially regarding financial management and reporting.
Tailor Your CV: Customize your CV to highlight your qualifications as an accountant and any relevant experience in charity finance or board roles. Emphasize your ability to manage budgets, prepare accounts, and advise on financial matters.
Express Your Commitment: In your application, clearly express your commitment to giving back to the community and your willingness to dedicate time to the role. Mention any previous volunteer work or community involvement that demonstrates your dedication.
Contact Information: Ensure that your contact information is up-to-date and clearly presented in your CV. This will make it easy for Rosie Falconer, the Clerk to the Trustees, to reach out to you regarding your application.
How to prepare for a job interview at Lygon Almshouses Trust
✨Show Your Commitment to the Community
Make sure to express your passion for giving back to the community during the interview. Share any previous volunteer experiences or community involvement that highlight your dedication to helping others.
✨Demonstrate Your Financial Expertise
As a qualified accountant, be prepared to discuss your experience with financial management, particularly in a charity context. Highlight your familiarity with accounting software like Xero and your ability to prepare and review financial statements.
✨Prepare for Questions on Risk Management
Expect questions about how you would identify and manage financial risks within the charity. Think of specific examples from your past experience where you successfully mitigated risks and ensured compliance with legal requirements.
✨Be Ready to Discuss Investment Strategies
Since the role involves setting investment objectives and monitoring performance, be prepared to talk about your approach to investment management. Discuss any relevant experience you have in preparing investment reports and presenting them to stakeholders.