Honorary Treasurer, Royal Society of Tropical Medicine and Hygiene

Job description – Honorary Treasurer


Job title: Honorary Treasurer

Work commitment: Attend four Board meetings a year, plus Chair the Finance and Audit Committee, meeting four times a year

Remuneration: The role is voluntary, but would involve financial assistance for the person to become a Member of the Society and attend its events

Term of office: Minimum three years


Job summary

The Royal Society of Tropical Medicine and Hygiene (RSTMH) is currently looking to recruit a new Honorary Treasurer to start in September 2018, as a crucial part of this prestigious organisation.

Since 1907, RSTMH has been dedicated to improving tropical medicine and global health, working with and through our 1,000 members based in 43 countries. We achieve this by funding and disseminating multidisciplinary research through delivering a grants and awards programme, managing two peer-reviewed journals, and a calendar of UK and global meetings and events.

We are now looking for a strategic thinker with a good track record in financial management and leadership, and a passion for our work in saving lives and improving health equity.

RSTMH raises its funds through events, membership subscriptions and our scientific journals, supported by a fund under management.

RSTMH is a registered charity and a company limited by guarantee. The Board comprises nine elected trustees and five appointed trustees, one of which could be the Honorary Treasurer.

Key responsibilities

The Honorary Treasurer is expected to fulfil the general duties of a trustee. The specific duties of the role are as follows:

  • On behalf of the Board of Trustees, to ensure that RSTMH’s financial obligations are met
  • To lead the Board of Trustees, with the President and CEO, in ensuring that it fulfils its responsibilities for the financial governance of RSTMH
  • To ensure RSTMH operates within its own objects of association
  • To ensure RSTMH operates within the legal and financial guidelines under current legislation
  • To ensure that proper accounts and records are kept, ensuring financial resources are spent and invested in line with good governance and legal and regulatory requirements
  • To work with and support the outsourced financial management, in order to be satisfied that the financial information presented is comprehensive and accurate
  • To oversee the management of the risk assessment process
  • To chair the Finance and Audit Committee, reporting progress to the Board of Trustees
  • To manage the process of appointment of the auditors
  • To lead on the selection and review of investments used for RSTMH funds
  • To be instrumental in the development and implementation of appropriate financial reserves and investment policies
  • To ensure monies are invested to the greatest benefit within legal constraints and in line with RSTMH’s investment policy and ethical policy
  • To ensure the establishment of an adequate system on internal financial controls and policies, and to monitor their implementation and effectiveness
  • To act as a signatory on behalf of the Board of Trustees for financial matters
  • To ensure the accounts are prepared in accordance with financial best practice and meet the requirements of the regulators, and relevant statutory bodies
  • To support the President in ensuring the Board of Trustees sets overall strategy objectives
  • To advise the Board of Trustees on the financial implications of its strategy objectives
  • To guide and advise fellow Trustees in the approval of budgets, accounts and statements
  • To inform the Trustee Board about its financial duties and responsibilities and to assist in developing their financial skills and understanding
  • To make a formal presentation of the accounts at the annual general meeting
  • To support the President in ensuring that the Board of Trustees regularly reviews its structure, role and relationship to staff, and implements agreed changes as necessary
  • With the President and the Chief Executive, to ensure that all Trustees receive appropriate advice, induction, training and information relating to their roles

Commitment required

This is a voluntary role and will receive no remuneration. Reasonable expenses can be

claimed, in line with RSTMH’s expense policy.  The Honorary Treasurer is expected to attend all four trustees board meetings each year and to attend and present at RSTMH’s annual general meeting, which is normally held in September each year.  The Honorary Treasurer is the Chair of the Finance and Audit Committee which meets four times a year.

Skills and experience

  • Commitment to the RSTMH
  • Understanding the legal duties, responsibilities and liabilities of trusteeship
  • Relevant financial qualifications, and at least three years’ senior management experience
  • Understanding of Charity SORP and experience of charity accounts preparation
  • Willingness to put time and effort into the Honorary Treasurer role
  • Ability to earn the respect and trust of other Board members and the team
  • Good, independent judgement
  • Impartiality, fairness and confidentiality
  • Respect for others
  • Willingness to learn new skills
  • Skills to analyse proposals and examine their financial consequences
  • Skills in interpreting and analysing financial information
  • An ability to present information in a clear and simple manner to others
  • Strategic vision
  • Experience in setting and monitoring budgets
  • Knowledge of financial reporting regimes
  • Ability to meet the minimum time commitments

To apply, please send your CV and a covering letter describing how you meet the person specification to tamar.ghosh@rstmh.org by 20 April 2018.

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