Volunteer Finance Trustee (Treasurer) | London Search and Rescue
London Search and Rescue seeks a Treasurer for our Board of Trustees. This volunteer role involves financial oversight and strategic guidance to support our mission of assisting police in locating vulnerable missing persons across London.
What difference will you make?
You will ensure our financial sustainability, enabling continued support to the Metropolitan and City of London Police in locating vulnerable missing persons. Your responsibilities include overseeing financial health, ensuring compliance, and effective resource allocation. By leading financial planning, risk management, and supporting fundraising efforts, you will enhance governance and long-term impact.
Overview
London Search and Rescue supports the Metropolitan Police, City Police, and NHS in searches for vulnerable missing people across London, helping to end preventable loss of life. As a charity, we provide life-saving search and rescue services with our professionally trained volunteers who are on call 24/7, all year round, whatever the weather.
What are we looking for?
As the Treasurer of London Search and Rescue (LonSAR), you will play a pivotal role in ensuring the financial health and sustainability of our organization. This position requires a blend of financial expertise, strategic insight, and a commitment to our mission of assisting in locating vulnerable missing persons across London.
Essential Skills and Experience
1. Financial Expertise: A fully qualified chartered accountant or significant financial management experience, with a strong understanding of accounting principles and practices.
2. Strategic Acumen: Ability to contribute to strategic planning and decision-making, integrating financial considerations into organizational strategies.
3. Regulatory Knowledge: Familiarity with charity finance regulations and compliance requirements, ensuring all financial activities adhere to legal standards.
4. Analytical Skills: Proficiency in analyzing financial data to inform decisions, with attention to detail and accuracy.
5. Communication Skills: Ability to convey complex financial information in an accessible manner to various stakeholders, including those without financial backgrounds.
Desirable Attributes
1. Charity Sector Experience: Previous involvement with charitable organizations, understanding the unique financial challenges and opportunities within the sector.
2. Leadership Abilities: Experience chairing finance committees or similar groups, demonstrating the capacity to lead discussions and influence decision-making.
3. Commitment to LonSAR’s Mission: A passion for our cause, with a willingness to dedicate time and expertise to advance our objectives.
4. Integrity and Objectivity: Uphold the highest ethical standards, ensuring impartiality and fairness in all financial dealings.
5. Collaborative Approach: Ability to work effectively as part of a diverse team.
What will you be doing?
The Treasurer will oversee LonSAR‘s financial health, ensuring compliance with financial regulations and providing strategic guidance to the Board. Collaborating closely with the finance team, the Treasurer will ensure accurate financial reporting, effective budgeting, and risk management. This role is crucial in maintaining transparency, accountability, and financial sustainability, enabling LonSAR to continue its vital work in the community.
Specific Responsibilities
1. Financial Oversight and Governance: Provide strategic financial guidance, oversee financial reporting, and ensure compliance with relevant regulations.
2. Budgeting and Risk Management: Collaborate on annual budgets, monitor financial risks, and advise on mitigation strategies.
3. Stakeholder and Fundraising Support: Offer financial insights to support fundraising initiatives and act as a liaison with auditors, funders, and regulatory bodies.
Key Responsibilities
1. Financial Oversight: Maintain an overview of LonSAR’s financial affairs, ensuring financial viability and compliance with relevant regulations.
2. Budgeting and Financial Planning: Lead the development and presentation of budgets, accounts, and financial statements, aligning them with our strategic objectives.
3. Policy Development: Establish and review financial policies and procedures to ensure robust financial management and internal controls.
4. Risk Management: Identify financial risks and implement mitigation strategies to safeguard the organization’s assets.
5. Stakeholder Engagement: Communicate financial information clearly to the Board, donors, and regulatory bodies, fostering transparency and trust.
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