Tasks and duties

• Analysing financial information.
• Managing budgets across different business departments.
• Developing financial forecasts such as revenue projections.
• Investigating ways to improve profitability.
• Analysing market trends for potential business opportunities.
• Reporting financial results and providing financial guidance to senior managers and stakeholders.
• Producing financial reports and business plans.
• Identifying financial risks and devising mitigation strategies.
• Leading teams and coaching employees tasked with preparing financial information.

Governance

• Ensure that the Board maintains the degree of financial literacy necessary to conduct the business of the organisation.
• Advise the Board on matters of finance.
• Advise the Board on fundraising.
• Ensure that appropriate financial policies and procedures are in place and fully documented.

Planning

• Produce [in partnership with the Board] a Financial Budget/Business Plan for the organisation.
• Ensure [in partnership with the Board] the regular review and development of the Business Plan.

Meetings

• Report to the Board at each meeting on the financial situation of the organisation.
• Report to the Board at each meeting on variances from the approved budget
• With the Secretary, place any necessary financial items on the Board agenda in advance of the meeting.
• Report to the Annual General Meeting on the financial situation of the organisation.

Finance

• Ensure the organisation’s financial control procedures are adequate and that appropriate safeguards against fraud are in place.
• Ensure that risk management strategies (including appropriate insurances) are in place.
• Collect and receive all money due to the organisation and make all payments authorised by the organisation (alongside the Executive Director).
• Oversee the organisation’s investment strategy and report to the Board (With the Executive Director, oversee the organisation’s investment strategy and report to the Board).
• Prepare the Budget for the coming year.
• Review income and expenditure against the budget on a continuous basis.