Treasurer Role Profile

Treasurer Role Profile

Overview of the role

The Treasurer oversees the financial matters of the charity in line with best practice and in accordance with the Royal Charter and byelaws and legal requirements and reports to the Board of Trustees at regular intervals on the financial health of the organisation.

As Chair of the Finance, Audit and Risk Committee, the Treasurer provides objective advice and guidance to the Board and management on the adequacy of and potential improvements to the NSPCC’s financial, risk management and internal control processes and practices.  As a member of the Board of Trustees, the Treasurer assumes collective responsibility alongside other Trustees for governance and developing and agreeing the strategic direction of the NSPCC and related decisions.

Treasurer - Role Description

“The Treasurer provides objective advice and guidance to the Board and management on the adequacy of and potential improvements to the NSPCC’s financial, risk management and internal control processes and practices.”

Key Accountabilities as Honorary Treasurer

  • Overseeing the preparation of budgets, statutory accounts, management accounts and financial statements to the Board of Trustees after discussion with the Director of Finance and Technology;

  • Overseeing assurance in the maintenance of the accounts and records and that related internal controls and systems are in place;

  • Ensuring that financial resources are expended and invested in line with agreed policy, good governance legal and regulatory requirements. This will include meeting, as and when required, with the Society’s Investment Advisers and Investment Manager

  • Overseeing the development and recommendation to the Board of financial reserves and investment policies;

  • Monitoring and advising on the financial viability of the Society, assuring that internal controls and systems are in place and adhered to;

  • Monitoring and advising on the financial viability of the Society, assuring that internal controls and systems are in place and adhered to;

  • Monitoring and advising on the financial implications of the Society’s strategy and the Society’s financial viability;

  • Presenting the annual report and accounts to the Annual Council Meeting;

  • Overseeing the arrangements with the NSPCC pension scheme, including meeting, as and when required, with the Trustees of the scheme and discussing and agreeing the triennial valuation and related contributions from the Society to the scheme;

  • Acting as a counter-signatory in-line with the Schedule of Authority;

  • Overseeing the on-going risk assessment and risk management process, including the setting of risk appetite, agreeing the key risks facing the Society and monitoring against these risks, escalating to the Board any areas where the Society is operating outside of risk appetite and the existence of related policies and procedures.