Volunteer post: Board Member (Treasurer) – The Bike Station

Volunteer post: Board Member (Treasurer)

We are currently looking for new Volunteer board members and in particular, someone to take on the Treasurer role.

Organisation profile:
We are a social enterprise and charitable company. Now the largest recycler of bikes in the UK with 25 employees and a turnover of £750,000 our aim is a future where everyone has the opportunity to cycling and its benefits, and access to the support, advice and skills they need to keep their bike safely on the road. We refurbish donated bikes, sell them at affordable prices and use the proceeds to overcome barriers to cycling in Scotland.

Treasurer Job description:
The overall role of the Treasurer is to maintain an overview of Bike Station’s affairs, ensure its financial viability, and ensure that proper financial records and procedures are maintained. They will assist other trustees to perform their financial duties by

  • interpreting and explaining accounting requirements
  • ensuring that the board receives reports containing the information needed in an ‘easy to understand’ format
  • helping trustees guide any other professional advisers they have appointed

The tasks of the Treasurer will include:

  • preparing and presenting financial reports to the board at regular meetings, including projected cash-flow
  • keeping the board aware of its financial responsibilities
  • ensuring that the Bike Station’s accounts are prepared in a suitable format
  • ensuring that the accounts and financial systems are audited as required by law
  • liaising with the auditors/independent examiners

The responsibilities of the Treasurer will include:

  • preparing and presenting budgets, accounts and financial statements in collaboration with staff
    • assuring that the financial resources of Bike Station meet its present and future needs
  • ensuring that the Bike Station has an appropriate reserves policy
  • the preparation and presentation of financial reports to the board, ensuring that appropriate accounting procedures and controls are in place
  • liaising with paid staff and volunteers about financial matters
  • advising on the financial implications of the Bike Station’s strategic plan
  • ensuring that the accounts are prepared in the form prescribed by regulations, included in the annual report and submitted to the relevant statutory bodies
  • ensuring that the accounts are audited in the manner prescribed by regulations, and any recommendations of the auditors implemented
  • keeping the board informed about its financial duties and responsibilities
  • contributing to the fundraising strategy of the Bike Station
  • 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

Person specification for a Treasurer:

In addition to the qualities needed by all trustees, the Treasurer should have:

  • financial experience and business planning skills (Required)
  • some experience of organisational finance and fundraising (Required)
  • the skills to analyse proposals and examine their financial consequences
  • a preparedness to make unpopular recommendations to the board
  • a willingness to be available to give financial advice and answer enquiries from any staff or volunteers on an ad hoc basis

For more information contact Alan Brown (chair@thebikestation.org.uk)