Treasurer

Cambridge Rugby is going through a really exciting period, having been promoted to the Championship. The club finances obviously are key to this. Whilst the role title is Hon Treasurer, it feels like a Finance Director role with financial oversight of a now long established finance working party which has made more and more progress, and the role has become much more strategic- and many responsibilities can now be handled by the Chief Operating Officer, supported by the working party and Price Bailey, our accountants.

The role is now more about oversight, accountability and reporting to the board than previously, and is described below.

PS- It might well suit an aspiring (or even current!) Finance Director who is looking to gain some experience in this unique sector.

Club Treasurer

Role Title: Honorary Treasurer.

Responsible To: The Board

Purpose

• To be accountable for club financial performance, contribute to strategic

business planning and review and recommend financial policies for the club

to ensure that the finances work appropriately for the club.

Key aspects of the role

1. Lead on all financial issues:

• Submit a budget each year (preparation by COO) to the board

• Present the accounts for the end of year financial report and keep the Board

informed of any trends and issues.

2. Oversight and ultimate authority on financial transactions, subscriptions and

contracts

• Submit any relevant statutory documents, including VAT, tax, grant reports,

etc.

• Renew RFU insurances annually and ensure the club has paid relevant

affiliation fees.

• Working in conjunction with the membership secretary, monitor membership subscriptions income

3. Chair the finance working party - bi -weekly.

Qualification- Must be a club member and preferably have served as a board member and/or Working Party previously

Day to day activity the Treasurer oversees but doesn't enact

COO responsibility

- Budget planning & monitoring. Leading on budget / forecasting for all

departments (including membership)

- Manage preparation of payroll, end of month payments transactions in conjunction with PB team.

- Monitor all commercial activity, managing spend and chasing income (including

coordinating documentation)

- Providing financial report to the board (keeping informed of any trends and

issues)

Working party member responsibility

- Post match day reports (cashing up)- Cashflow modelling.

- Being available to review month ends.

Price Bailey/Working Party/COO

- Day to day management of all transactions.

- Prepare and submit any relevant statutory documents, including VAT, tax,

grant reports, etc.

- Prepare and present the accounts for the end of year financial report