FOR PEOPLE AND PLANET
WORK WITH US
TRUSTEE – TREASURER
FaithInvest is recruiting a new Trustee to join its board, for the position of Treasurer. We are looking for someone with a strong financial background and, ideally, fundraising knowledge.
As well as contributing to our strategy and taking part in shaping and directing FaithInvest, you will have responsibility for ensuring the financial affairs of the organisation are legal, constitutional and within accepted accounting practice.
A genuine interest and commitment to our mission, values and strategic goals is essential, as well as knowledge, or a willingness to develop an understanding of, compliance, risk management and control of processes.
Position: Trustee – Treasurer
Location: Remote working but based in the UK (for signing of critical documents)
Contract: Voluntary role
Time commitment: A minimum of three Trustees' Meetings per year, held by Zoom, plus preparation time. In addition you may be asked to advise the Chief Executive and Head of Finance and Administration on an ad hoc basis, eg, to review the management accounts or authorise payments.
FaithInvest was established in 2019 as an international non-profit membership organisation for religious asset holders and faith-based investors worldwide. We are a registered charity (no 1187015) and limited company by guarantee (no 11862410).
Our mission is to grow the scale and impact faith-consistent investing worldwide, for the benefit of people and planet. We empower faiths to use their resources to create a better world by aligning their investments to their beliefs and values.
We are not fund managers. We do not make investment decisions for the faiths. Instead, we help the faiths to implement their own ethical investment policies in line with their core beliefs and values.
We do so by providing a global network, knowledge hub and consolidated voice for faith groups and faith-based organisations engaged in investments.
ROLE & RESPONSIBILITIES
The specialist role of Treasurer specifically involves overseeing FaithInvest's financial affairs and ensuring they are legal, constitutional and within accepted accounting practice. You will ensure we are carrying out the purposes for which we were set up, as set out in our governing document, and ensure we comply with charity law.
You will be joining FaithInvest at an exciting stage in its evolution as we move from a start-up basis to more sustainable footing. This is an exciting opportunity for someone who shares our passion for growing movement of faith-consistent investing globally and changing the way financial markets are motivated. For more information, please visit .
The role is voluntary, although we will pay all reasonable travel expenses in the event of any such expenses occurring.
ABOUT THE BOARD
The Trustee Treasurer joins a Board of five trustees, of which three are based in the US and one in Indonesia. We plan to appoint another Trustee to take the board to seven. We work with all major faiths and the Board currently reflects four faith groups – Christianity, Hinduism, Islam and Judaism. See:
You do not have to belong to a faith group to become a Trustee (or work for FaithInvest) but it is important that you recognise and respect the role faith groups play in the world and in people's lives.
MAIN TRUSTEE RESPONSIBILITIES
Ensure that the charity is carrying out the purposes for which it is set up, as set out in its governing document. This includes planning what the charity will achieve, being able to explain how these activities are intended to support its purposes and how they benefit the public.
Ensure that the charity complies with its governing document, charity law and other laws that may apply to FaithInvest.
Act in FaithInvest's best interests, making balanced and adequately informed decisions while ensuring that your duty to FaithInvest avoids conflicts with your personal interests.
Act responsibly, reasonably and honestly in ensuring that FaithInvest's assets are only used to support or carry out its purposes and that the organisation complies with any restructions on spending funds.
Scrutinise board papers in advance and be a proactive and engaged member of Board meetings.
Ensure FaithInvest’s effective and efficient organisation and financial stability.
ADDITIONAL TREASURER DUTIES
Work with the CEO and finance team to ensure the financial affairs of the organisation are legal, constitutional and within accepted accounting practice.
Work with the CEO and finance team to ensure proper records are kept; necessary financial reports/returns, accounts and audits as well as the annual budget are produced; and effective financial procedures are in place.
Regularly report the financial position at Trustee meetings (balance sheet, cash flow, fundraising performance etc).
Liaise with the CEO and finance team on appointing auditors/an independent examiner.
Advise on the financial implications of FaithInvest's strategic plan.
QUALITIES AND QUALIFICATIONS
Knowledge and experience of accounting regulations and best financial procedures (desirable: particularly in those relevant to charities and non-profits)
Knowledge of accounting records and financial management, including reviewing financial performance
Experience of producing financial reports/returns, annual budgets, accounts and audit information
Experience of good governance and risk management processes, or willingness to attend training to develop such skills
Excellent financial analysis skills
Ability to communicate clearly
Passion for and commitment to the work of FaithInvest, and alignment with our values and ethics
Experience and understanding of fundraising
Experience of income generation
Based in the UK (for signing of critical documents etc)
As a growing charity with energy and ambition, we need Trustees who are able to invest a suitable amount of time on a flexible basis.
You will need to be able to commit to attending Board Meetings three times a year. Trustees meetings are currrently carried out remotely; pre-coronavirus, we tried to hold one-face-to-face board meeting a year. As a guide to the kind of time commitment required, Trustees could be investing around 3 hours per board meeting to FaithInvest (meeting time plus preparation).
Additional calls on your time may be required on occasion; for example, with your specific expertise you may be asked to provide some insight and support to the Chief Executive. You will also be invited, as will all Trustees, to attend our annual Members' meeting (when this is possible) and we hope that you will be able to do so.
We welcome applications from all individuals who feel they meet the essential and desirable criteria to fulfil the role. We would encourage applications from individuals who are from backgrounds not currently represented on our board as we seek to broaden the diversity of our trustees.
Appointments will be made on merit alone.
To apply, please send your CV and a covering letter outlining what you could bring to the position to firstname.lastname@example.org. Please note, CVs without a covering letter will not be accepted.
Download the Trustee Treasurer job description here
Closing date for applications: Friday April 30, 2021
Helping the faiths engage with and inspire the investing world.
Helping the investing world navigate and support the faiths.