General financial oversight

• Oversee and present budgets, accounts, reports and financial statements to SAR council.
• Liaise, as appropriate, with members of the council who have responsibilities for financial activities of the society.
• Ensure that appropriate financial systems and controls are in place.
• Ensure that the society complies with all tax regulations and prepares and files tax returns.

Funding, fundraising and sales

• Advise on the society’s fundraising strategy, including seeking out new funding sources.
• Ensure the use of funds complies with conditions set by funding bodies.
• Ensure fundraising and sales complies with relevant legislation and is bound by effective financial systems and controls.
• Ensure effective monitoring and reporting.

Financial planning and budgeting

• Prepare and present the society’s annual budget.
• Manage the society’s funds to ensure that expenses are within budget.
• Advise on strategic and operational plans to maximise income.
• Advise SAR council on financial matters, including financial planning and risk management.

Financial reporting

• Present regular reports on the SAR’s financial position.
• Prepare accounts for audit and liaise with the auditors, as required.
• Present accounts at the Annual General Meeting.

Banking, book-keeping and record-keeping

• Maintain accurate financial records of all transactions, including income and expenses, donations, and grants.
• Manage the society’s bank accounts and ensure that funds are deposited and withdrawn appropriately.
• Set up appropriate systems for book-keeping, payments, lodgements & petty cash.
• Ensure everyone handling money keeps proper records and documentation.
• Act as a signatory on the society’s banking transactions, including online banking, and any applications for funds, e.g., for grants and awards.