Becoming an honorary treasurer
A key role in the effective governance of most charities is that of the honorary treasurer (treasurer) as an ‘office-holder’ among the charity trustees. Other trustees look to the honorary treasurer to advise, guide and reassure them on all aspects of the charity’s financial management and reporting (internal and external), control systems, solvency, risk management and investments.
The role of the honorary treasurer will differ with the size, complexity and nature of individual charities, widening out to embrace all financial aspects of the smaller, simpler kind of charity but narrowing down to accommodate related specialisms such as investment and estates management, on the Boards of the largest and most complex.
The treasurer’s role is an important one which is vital to the well being of any charity. It is also a very rewarding role which needs to be widely recognised and acknowledged.