Treasurer Job Description
The overall role of a treasurer is to:
o Maintain an overview of DAR’s finances
o Ensuring DAR’s financial viability
o Ensuring that proper financial records and procedures are maintained.
o Maintain the day-to-day bookkeeping records and banking (including petty cash)
o Pay invoices in a timely manner
o Ensure everyone handling money keeps proper records and documentation
o To ensure that the organisation complies with its governing document, charity law, company
law and any other relevant legislation or regulations.
o To ensure that the organisation pursues its objects as defined in its governing document.
o To ensure the organisation applies its resources exclusively in pursuance of its objects (the
charity must not spend money on activities which are not included in its own objects, no
matter how worthwhile or charitable those activities are).
o To safeguard the good name and values of the organisation.
o To ensure the financial stability of the organisation.
In addition to the above statutory duties, each trustee should use any specific skills, knowledge
or experience they have to help the board of trustees reach sound decisions. This may involve:
o Scrutinising board papers
o Leading discussions
o Focusing on key issues
o Providing guidance on new initiatives
o Other issues in which the trustee has special expertise
Additional duties of the treasurer
o Overseeing, approving and presenting budgets, accounts and financial statements
o Being assured that the financial resources of the organisation meet its present and future
o The preparation and presentation of financial reports to the board
o Ensuring that appropriate accounting procedures and controls are in place
o Advising on the financial implications of the organisation's strategic plans
o Ensuring the organisation’s compliance with legislation
o Ensuring equipment and assets are adequately maintained and insured
o Ensuring that the accounts are prepared and disclosed in the form required by funders and
the relevant statutory bodies, e.g. The charity commission and/or the registrar of
o If external scrutiny of accounts is required, ensuring that the accounts are scrutinised in
the manner required (independent examination or audit) and any recommendations are
o Keeping the board informed about its financial duties and responsibilities
o Contributing to the fundraising strategy of the organisation
o Making a formal presentation of the accounts at the annual general meeting and drawing
attention to important points in a coherent and easily understandable way
Qualities and Skills required
o Numerical competence.
o Good organisational skills.
o Good communication and interpersonal skills.
o Strategic thinking.
o Ability to work on own initiative