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Trustee - Finance Lead

Employer
Leeds Mencap
Location
Leeds, West Yorkshire
Salary
£0 Voluntary role
Closing date
8 Dec 2021
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Leeds Mencap are looking for a finance specialist to join our Board of Trustees who would like to use their skills and expertise to make a difference to the lives of children and young people with learning disabilities. Like many charities we have been hit hard by the pandemic but have also found that new ways of working and greater collaboration give us the opportunity to support more people with learning disabilities in the future.

We are particularly looking for someone with a strong finance or accountancy background to fill the role of Finance Lead on the Board. You will join a team of 6 skilled and passionate Trustees and will relish the prospect of getting to know the organisation and your colleagues quickly, grasping the challenges and opportunities we face and working together with Trustees and senior staff to provide strong and clear leadership to the organisation.  The immediate priority is to recover from the effects of the pandemic but in 2022 we begin the exciting next phase of our development to build on our learning and expertise and extend the support we can offer to children and young people with learning disabilities and their families into the future.

We particularly welcome applicants from those who are significantly underrepresented in our sector, such as disabled people and individuals from Black and Minority ethnic communities.

Most importantly we are keen to hear from anyone who feels they have something to contribute at this particular stage of our journey, so please get in touch.

We expect a lot but the rewards are equally great.  You’ll see the difference you make in the children and young people who will develop and achieve beyond anyone’s expectations, in the parents who can draw breath and find some respite and comfort in knowing they’re not alone and being given practical and supportive help. In undertaking the role you will be working with a loyal and committed team who are aspirational about what we can achieve together.

Job Purpose

The Finance Lead Trustee role is vitally important to the charity.  While financial matters are the responsibility of all Trustees, it is beneficial if one Trustee who has a background in finance/accounting is able to understand the finances of the charity in more depth and to be able to advise, guide and reassure their colleagues on aspects of the charity’s financial management.

In addition to fulfilling the duties of a Trustee, the Finance Lead will maintain an overview of the organisation’s financial affairs in line with good practice and in accordance with the governing document and legal requirements. The Finance Lead will ensure that effective and appropriate financial measures, controls and procedures are put in place and report to the Board at regular intervals about the financial health of the organisation.

Duties

  • Scrutinise and present budgets, internal management accounts and annual financial statements to the Board of Trustees.
  • Make fellow Trustees aware of their financial obligations and take a lead in interpreting financial data to them.
  • Liaise with and challenge where appropriate the CEO and Finance Manager in relation to the financial activities of the organisation.
  • Lead in the development and implementation of financial reserves, cost‐management and investment policies
  • Chair any finance committee in line with terms of reference, and reporting back to the board of trustees
  • Take a lead in appraising the financial implications of plans and proposals.
  • Monitor and advise on the financial viability of the charity.
  • Ensure proper records are kept and that effective financial procedures and controls are in place, eg. purchasing limits,purchasing systems,salary payments. Act as a counter signatory on important applications to funders
  • Lead for the Trustees on the appointment of the auditors.
  • Board level liaison with external auditors.

    Person specification

    We would like prospective Trustees to demonstrate the following in their application and during interview:

    Experience and knowledge

  • Understanding of the challenges that people with learning disabilities face
  • Ideally an understanding or experience of working in the voluntary and community sector/not for profit environment
  • Ideally experience of having been a member of a group or committee governing a project or organisation.
  • Ideally previous experience of being a trustee or managing a charity

Areas of knowledge or experience particularly relevant to the role of Finance Lead:

  • Relevant experience in financial management, preferably with a recognised accounting qualification.
  • Ability to communicate financial matters to non-financial colleagues so that all Trustees are able to fully understand the organisation’s finances, review options and make informed choices.
  • Ability to analyse proposals and examine their financial consequences.

Skills and attributes

  • Commitment to Leeds Mencap and supporting people with a learning disability, their families and carers.
  • Ability to work effectively as a member of a team that makes collective decisions
  • A willingness to speak your mind while collaborating with others
  • Willingness to devote the necessary time and effort to the job
  • The ability to undertake analysis, discussion and decision making at a strategic level
  • Sound, independent judgement
  • Ability to think creatively
  • A willingness to work in uncertain circumstances and be receptive to change
  • An understanding and acceptance of the legal duties, responsibilities and liabilities of trusteeship
  • A commitment to Nolan’s seven principles of public life: selflessness, integrity, objectivity, accountability, openness, honesty and leadership.
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