The overall objective of the post is to provide leadership, governance and strategic direction with a focus on financial matters to the Trustees of Liverpool Biennial and to support the Director in their role.

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Reports to: Liverpool Biennial Director

Responsible for: N/A

Responsibilities

The Treasurer works with the Board of Trustees, the Director and Head of Finance to:

  • Oversee Liverpool Biennial’s financial practices, ensuring they remain compliant with charity law and other legislation
  • Advise the Board of its financial responsibilities and duties
  • Monitor the charity’s reserves and lead on the annual review of the Reserves Policy
  • Approve payments and financial commitments on behalf of the Board as appropriate, aligned to the scheme of delegated authority
  • Advise the Board and Executive on best financial practices and policies, including risk managmeent and financial controls
  • Act as Board point of contact with external auditors and oversee the audit tender and appointment of auditors
  • Chair the Finance and Human Resources Committee meetings

The Board

  • Provides entrepreneurial leadership within a framework of prudent and effective controls which enable risk to be assessed and managed
  • Sets the Liverpool Biennial’s strategic aims, with the Executive and ensures that the necessary financial and human resources are in place for the Company to meet its objectives, and review management performance
  • Sets the Liverpool Biennial’s values and standards and ensures that its obligations to its shareholders and others are understood and met

The Trustees

  • Constructively contribute to the overall strategic direction, policy, objectives, and targets
  • Take an active role in the preparation and approval of the business plan, ensuring progress against key performance indicators
  • Observe the Liverpool Biennial Board’s articles of association, charity and company law and other regulatory requirements
  • Ensure that Liverpool Biennial complies with relevant statutory legislation and current best practice in the not-for-profit sector
  • To support and guide our activities by attending/chairing Board meetings, committee meetings and working groups, and by attending other relevant events
  • Participate in the Liverpool Biennial Board’s various sub-committees
  • To appoint the Director and to approve the remuneration of the team
  • To adopt, monitor and comply with the Liverpool Biennial’s Diversity & Inclusion and Environment & Sustainability policies and Code of Conduct ensuring their implementation
  • Ensure that Biennial operations are evaluated effectively
  • Safeguard the Biennial’s financial stability, including approval of the annual accounts, ensuring that adequate resources exist to delivery our current and future activities
  • Ensure prudent financial management in accordance with our charitable aims
  • Approve the biennial budget and advise on major resource issues
  • To act as ambassadors for Liverpool Biennial’s activities and to network on its behalf
  • To review the main risks and to see that appropriate measures to eliminate them or to minimize their impact are adopted

Qualities and Experiences

We are seeking an inspiring and engaged individual who will share our values and ensure best practice across the organisation’s financial activities

  • Chartered accountant or background in financial services
  • Good knowledge of charity finance, financial planning, and risk management, as well as an understanding of the arts funding landscape.
  • Previous experience of a Board and an understanding of good governance in business, the public or not-for profit sector and the duties and responsibilities of trustees.
  • An ability to explain financial matters in a clear and accessible way
  • Strategic vision, creative thinking, independent judgement and ability to focus on practical issues
  • Passion for the visual arts and the power of art to transform lives
  • A willingness to play an active role in fundraising
  • An understanding of the financial drivers at play in arts organisations
  • A connection to the city of Liverpool or the wider city region
  • An understanding of and commitment to Liverpool Biennial
  • A desire to work in the best interests of Liverpool Biennial, without regard to personal interest or benefit
  • No significant conflicts of interest

To find our more, download the information pack below.