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- Help to ensure the overall successful financial management of the charity
- This role does not require previous experience as a trustee
About Our Client
Wikimedia UK is the national charity for the global Wikimedia movement, bringing together practical and policy expertise about Wikipedia and the other Wikimedia projects. Their vision is of a more informed, democratic and equitable society through open knowledge.
Wikimedia UK works in partnership with the cultural and education sectors and other organisations to make knowledge freely available, usable and reusable online. Their partners include the British Library, University of the Arts, London, University of Edinburgh, National Institute for Health Research, National Library of Wales, Science Museum and Wellcome (among many others), with content shared through their programmes receiving 15 billion views in 2021/22. They have also reached thousands of school and university students in the UK through their extensive media and information literacy programme.
Wikimedia UK's turnover for 2023/24 is expected to be just under £1million.
You can read more about the charity in their latest strategic report and download their 2021/22 Annual Report.
Job Description
The board of trustees is crucial in supporting the charity. For this role, we are looking to find a candidate with an accountancy qualification and an understanding of charity finance to act as their Treasurer. You will work with other trustees and the executive team to ensure the overall successful financial management of the charity, and support the board in the delivery of their fiduciary duties.
- Oversee the charity's financial health and the financial viability of the charity's strategy and other plans
- Support the organisation's strategic financial planning, working with the executive to ensure the inclusion of financial projections in strategic and business plans
- Lead on the interpretation of financial data to the Board from time to time, including operational, fundraising and investment performance against target and sector norms
- Attend quarterly Audit and Risk Committee (ARC) meetings, working closely with the Head of Finance and Operations and CEO to support the production of papers
- Keep fellow board members apprised of their financial obligations and provide assurance of the board's due compliance in that respect at all times
- Liaise with the executive in the development of appropriate financial policies/procedures and play a key role in ensuring that the policies are followed
- Maintain oversight for the board over the spending of annual budgets, including ensuring that budget decisions are recorded appropriately, and are followed
- Ensure that statutory annual accounts are prepared in accordance with the charity Statement of Recommended Practice (SORP) and that these are appropriately audited as required by law, and/or our funders
- Undertake expert liaison with the charity's auditors and support the executive on the recruitment and appointment of new auditors where appropriate
- Liaise with the executive for due compliance with Charity Commission House annual filing obligations via the ARC on behalf of the board
- Prepare and present a Treasurer's Report at each AGM
- Ensure that the required proper accounting records and an effective system of internal financial controls is maintained
The Successful Applicant
It is not necessary to have previous experience as a trustee. We do however require the following:
- A relevant accountancy qualification, preferably gained within the UK
- An understanding of financial planning, management and reporting within a charity
- An appreciation of the values, aims and objectives of Wikimedia UK
- A commitment to working collegiately with other board members and the staff team
What's on Offer
This role of Trustee (Treasurer) is a voluntary unpaid role but expenses will be reimbursed.
Co-opted trustees are initially appointed for a fixed term of 2 years.
Job summary
- Function
- Board Level
- Subsector
- Board Level Subsector
- Industry
- Public Sector & Not-For-Profit
- Location
- London
- Contract type
- Temporary
- Consultant name
- Rochelle George
- Job reference
- JN-052023-6050451