Job Description for Finance Director (Treasurer)

Job Description for Finance Director (Treasurer)

JOB DESCRIPTION

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Organisation

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Guernsey Employment Trust

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Job Title

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Finance Director (Treasurer)

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Responsible to

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The GET board of Non-Executive Directors and the Chair of the GET board as appropriate.

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Job Purpose

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The Finance Director will act as Treasurer, and will provide sound financial administration, support and information to the Chief Executive and the GET Board, as well as providing financial information to the commissioning body (States of Guernsey), as required.?To oversee the outsourced payments/payroll/bookkeeping provider, Offshore Group, and produce quarterly management accounts and annual Financial Statements.

This is a voluntary role and whilst volunteering the post holder will comply with all relevant law and regulations as they apply to GET.

Time commitment

The equivalent to three quarters of a day per month.

Responsibilities

To uphold the responsibilities of a board member of GET, as outlined in the Articles of Association.

Quarterly (approximately half a day to a day per quarter)

·???????Post non-cash entries (Employment & Social Security retained staff data and releases of deferred income)

·???????Review trial balance (Offshore Group/GET maintain all the cash postings and reconcile the bank account)

·???????Prepare Management Accounts and circulate to the GET board

·???????Attend and actively participate in Quarterly Board Meetings and provide verbal commentary on Management Accounts, showing a commitment to understanding the key discussions points and aims of GET.

Annually (approximately 3 days a year in total)

·???????Draw up annual budget and financial plan with GET’s Chief Executive and the Finance team at Employment & Social Security

·???????Prepare Financial Statements and related schedules for examination and approval by the GET board at a quarterly board meeting, as per scheduling of the Annual Obligations Cycle.

  • Administer the process of Independent Examination of the year-end Financial Statements which is be a review performed by an independent, third party who is a qualified accountant (an Accountants report not an audit).

Ad Hoc

·???????Support Chief Executive with Financials for Grant applications (possibly once or twice a year)

  • Ensure GET is financially able to function and has appropriate reserves and cash flow.

·???????Advise Chief Executive regarding headroom for out of budget expenditure / headcount changes

·???????Support with Service Level Agreement renewal with Commissioner (not due until December 2026)

·???????Contribute to the strategic aims and future development of GET and attend additional strategy meetings as required by the Chair.

·???????Willingness to complete various tasks or engage in discussions which support the work of the Chief Executive to promote GET or to deliver its services.

Person Specification

Skills and experience:

  • Have experience in financial management or the role of a Charity Treasurer
  • Have a qualification in accountancy
  • Have strong organisational skills and the ability to summarise financial information for different audiences
  • Think creatively and solve problems
  • Challenge constructively and listen to the views of others
  • Interest in supporting a charity that strives for equity of opportunity for disabled people in the workplace

To apply for the voluntary role please contact the Chief Executive or send a covering letter and CV:

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Nikki Ioannou-Droushiotis, Chief Executive

[email protected] or call 247999

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