Finance Trustee

We are looking for people who are committed to improving the lives of vulnerable and isolated older people across East London and help the Board and the  organisation  have a positive impact on their lives.

What will you be doing?

The Board is responsible for the smooth-running of the organisation and supporting the Chief Executive. You will be supporting our 75 members of staff and part of our 250+ strong volunteer team. You will also have the opportunity to learn about how to tackle the challenges that our beneficiaries face, and how to deliver appropriate co-produced services that enrich older people’s lives and enhance the whole community of East London.

Finance Trustee

We are looking for a Finance Trustee to support the Board to oversee the financial matters of the charity in line with good practice, the Articles of Association and legal requirements, and report to the Board at regular intervals about the financial position of the charity.

Key tasks

• Engaging in strategic & financial planning. 
• Liaise with the CEO (or other appropriate member of staff) and support on financial matters
• Support the Board to monitor the financial viability of the charity.
• Create in conjunction with relevant senior staff sound financial processes and procedures for the control of the charity’s assets.
• Advise on the financial implications of the charity’s strategic plan.
• Review the annual accounts in liaison with the Director of Finance and Operations
• Ensure close working relationships with the internal Finance Department and Finance committee.
• Ensure that sound financial management is maintained and ensure expenditure is in line with the charity’s objects.
• Ensure that the organisation has an appropriate reserves policy
• Ensure annual audit is conducted and all the regulatory requirements are complied on a timely manner

What are we looking for?

Person specification

• Up to date knowledge and experience of finance practice relevant to small /medium charities, including the Charities Statement of Recommended Practice. 
• Good financial analysis skills.
• Ability to communicate clearly.  
• Values enterprising, collaborative and delivery-minded behaviours.
• Integrity, independence of thought and judgement, being prepared when necessary to make unpopular recommendations.
• Ability to work well as a team member and values diversity in all forms.
• Recognisable accounting qualification.
• 5 years charity sector experience.

We would really like our Board of Trustees to look more like our community – so we would particularly encourage you to apply if you are an older person, or come from a Black, Asian, or ethnic minority background. We guarantee an interview to disabled candidates who meet the minimum criteria.

What difference will you make?

Age UK East London is led by a passionate and committed Chief Executive and Senior Management Team. Staff have worked tirelessly throughout the pandemic to ensure that they continue to deliver essential face to face services, safely to some of the most vulnerable residents in East London.

We work across boroughs which have the highest rate of pensioner poverty in England

We went in to the crisis confident that we were financially stable and well-governed. Looking forward we will need a new strategy based on our experience of the impact of COVID and to prepare for the consequences on the physical and mental health of older people.

Underpinning this will be a focus on the inequity of access to vital services as authorities continue to develop virtual solutions that disadvantage older residents.

Time commitment

The Board meets quarterly on the last Wednesday from 6.00 – 8.00pm in East London. Finance committee meets quarterly.

Before you apply

If you are interested please send your CV and personal statement.