Action Village India
Treasurer
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Company Description
Action Village India is a small UK based charity that supports Indian partner organisations who work alongside villagers in some of the most remote parts of rural India so they can improve their lives, livelihoods and resilience. We work towards an India which is just, fair and inclusive, where all people regardless of sex, gender identity, ethnicity, caste, religion or belief, can benefit from the country’s economic development and lift themselves out of poverty. At the heart of our work, are our partnerships; many of which have spanned decades. Partner organisations are led by Indians and whether these are large or small organisations, all work directly at the grassroots level across rural India – from Bihar and Jharkhand in the North, in Odisha and Madhya Pradesh and down to Tamil Nadu in the South. The communities they work with are some of the poorest in India.
Role Description
You will be part of the Board of Trustees where you will contribute to the strategic direction of the charity and support our small team of staff. The Board meets four times a year, with 3 remote (evening meetings) and 1 in person (weekend) taking place, along with our AGM / Supporters Day, at our offices in Dalston, London.
As the Treasurer you will help us maintain and strengthen effective governance of the charity’s financial affairs, collaborating with staff and trustees to ensure that:
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- Proper processes and procedures exist for ensuring all financial records, including decisions and delegations, are maintained;
- Appropriate reporting to our board of trustees on a quarterly basis;
- Working with our Executive Director to prepare a financial report to the Trustees’ meetings in an easily understood format; preparing and overseeing the annual budget as well as the preparation of our annual accounts for our appointed Independent Examiner and presenting to Board for approval;
- Guiding and advising the Board on financial matters and changing legislation and best practice.
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The role is unremunerated. You will also find more details of our team of committed staff and trustees on our website.
Responsibilities
- Oversee and present budgets, internal management accounts and annual financial statements to the board of trustees. Ensure effective reporting and monitoring is in place.
- Guide and advise the board of trustees in the approval of budgets and financial statements within a relevant financial policy framework.
- Keep the board informed about its financial duties and responsibilities, including updates on any changing legislation or best practice.
- Advise the trustees (and the management) on the financial implications of the organisation’s strategic plans and key assumptions included in management’s operational plan and annual budget, especially those which are outside the agreed boundaries of management authority.
- Provide assurance that financial resources of the organisation meet its present and future needs and provide support and advice to the board of trustees to ensure appropriate reserves and investment policies are in place.
- Understand the accounting procedures and key internal controls to be able to assure the board that the charity’s financial integrity is sound. Ensure appropriate financial systems and controls are in place.
- Ensure that the financial statements are independently examined and that accepted recommendations of the auditors are advised to the board of trustees and implemented.
- Liaise with the Independent Examiner and be involved in selection of a new Independent Examiner.
- Present the accounts at the annual general meeting, drawing attention to important points, either in a written report or orally.
- Monitor the organisation’s investment activity and ensure its investment policy is consistent with the organisation’s policies, aims, objectives and legal responsibilities.
- Oversee AVI’s financial risk management process and ensure it is adequate.
- Act as a signatory on Action Village India’s bank accounts.
- Serve on any relevant sub-committees of the Board as such may be set up and report back.
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