Additional information for the role of
Treasurer of the World Board
The Treasurer is selected by the World Board. If there is a suitably qualified individual amongst the elected World Board members, the Treasurer may be appointed from amongst the Board.
Alternatively, the World Board may appoint a Treasurer from outside the World Board. In this case, the Treasurer will attend World Board meetings but will not have voting rights.
The key responsibilities of the WAGGGS Treasurer are:
- To assist the Chair of the World Board in ensuring that the Board is kept informed about, and fulfils its responsibilities for, the financial governance of WAGGGS and maintains the financial viability of the World Association.
- Oversee the approval and presenting of budgets, management accounts and financial statements and reports to the Board.
- Ensure that the annual financial statements are prepared and lodged in the form required by the relevant statutory bodies.
- Ensure that the financial resources of the Association meet its present and future needs.
- Ensure that appropriate accounting procedures and controls are in place.
- Advise the World Board on the financial implications of the Association’s strategic and operational plans.
- Liaise with the investment advisers and monitor the Association’s investment policy and performance of investments.
- Ensure that WAGGGS complies with all relevant legislation.
- Ensure that the external audit progresses smoothly and that the Head of Finance meets WAGGGS’s audit responsibilities.
- Establish a constructive working relationship with and provide support to the Head of Finance.
- Monitor WAGGGS’ risk register and ensure that action plans to mitigate risks are appropriate and timely.
- To be a voting member, and Chair, of the WAGGGS Audit, Finance and Risk Committee.
The skills, experiences, and attributes required for the WAGGGS Treasurer are:
- A recognised financial qualification and senior financial experience
- Significant demonstrated knowledge and experience of charity finance, including tax, and fundraising
- Strong understanding of governance
- Ability to provide financial oversight and strong financial analysis skills
- Ability to take a strategic view of WAGGGS’ finances in order to ensure the sustainability of WAGGGS (see the bigger picture and take a longer-term view)
- Have a strong voice, and influence, at the Board for financial governance purposes
- Understanding of, and ability to explain, the financial implications of WAGGGS’ operational plans and strategic plans.
- Understanding of investment policies
- Ability to work collaboratively with the Chief Executive, Deputy Chief Executive, Head of Finance and other WAGGGS team members
- Ability to support and provide guidance to the Head of Finance, as required
- Ability to communicate and explain financial information to others, including fellow Board members
- Fluent in spoken and written English.
- A recognised financial qualification or relevant financial experience
- Experience of charity finance, including tax.
- Strong financial analysis skills
- Ability to communicate and explain financial information to others, including fellow Board members and other stakeholders.
- Demonstrated knowledge and experience of charity fundraising and finance practices.