Do you have a passion for improving the mental health of young people and commitment to empowering young people to be part of the change they want to see?
YoungMinds is the UK’s leading charity fighting for children and young people's mental health. We are seeking a Lead Finance Trustee with a heartfelt affinity for our cause, to join our Board as we grow our impact towards our mission for all young people to get the mental health support they need, when they need it.
What will you be doing?
Our Lead Finance Trustee is a critical role on the Board to support its oversight and responsibilities in ensuring we are using our finances to meet our mission and purpose and meeting our legal requirements. This role is a member of the Audit & Risk Committee, a Non-Executive Director of the charity’s trading subsidiary, as well as sitting on the Board of trustees. It works closely with the Chair of the Board and fellow members of the Audit & Risk Committee to ensure appropriate scrutiny and oversight of the charity’s finances, in compliance with the charity’s governing document. The role leads on oversight of the financial viability of the charity and its strategic plans, as well as key policies and assurances that the appropriate systems and controls are adopted. Integral to this is the productive working with the CEO, Senior Leadership Team and Financial Controller in monitoring the financial administration of the charity and reporting to the Board of trustees.
This responsibility of this role sits in addition to wider trustee responsibilities and therefore we are seeking someone able to commit to an anticipated total of 18 to 20 days a year to support this.
The position is unpaid yet reasonable expenses such as travel, overnight accommodation and childcare for meetings are provided.
> Member of Audit & Risk Committee, deputising for the Chair of Committee as needed and ensuring clear and transparent reporting for the trustees.
> Working closely with the CEO, Director of Finance & Business Operations (DoFBO), and Director of Development monitoring the financial administration of the charity and reporting to the Board of trustees, in compliance with the charity’s governing document.
> One of two key ‘Lead’ roles on the Board providing specific expertise, support and assurance including to the Chair in their overarching responsibility for the Board’s governance duties.
> Overseeing the charity’s financial risk-management process.
> Familiarity and seeking assurance on the income forecasting and future year projections to ensure sustainability.
> Scrutinising charity plans for growth and associated resource allocations and investment decisions.
> Monitoring and advising on the financial viability of the charity.
> Providing board-level liaison with the external auditors on specific issues such as the Auditors’ Management Letter and the related board representations.
> Oversight of ethical investment policy and implementation.
> Oversight of any changes and additions to financial policies for Board approval.
> Working closely with the DoFBO and Financial Controller to oversee and present budgets, internal management accounts and annual financial statements to the board of trustees; ensure that proper accounting records are kept, financial resources are properly invested and economically spent.
> Overseeing the implementation of and monitoring financial systems.
> Acting as a counter signatory on payments and applications to funders
> Act as a Non-Executive Director for the charity’s trading subsidiary.
For full details of the role, including the skills and experience we are looking for and details of how to apply please visit www.youngminds.org.uk/support-us/volunteer/lead-finance-trustee/
One of our core values: “We celebrate what makes you you – whoever you are, we welcome you and encourage you to be true to yourself.”
We're committed to reaching as diverse a group of applicants as we can and would particularly welcome applications from people from communities that are under-represented in our sector, including those from BAME communities, people with visible and hidden disabilities and more.
The closing date for applications is 5pm 29th November 2021.