Act green in 2021: Could you be ECOE’s new finance director, or volunteer for other roles?

Act green in 2021: Could you be ECOE’s new finance director, or volunteer for other roles?

Join the ECOE team!

Join the ECOE team!

A new year will soon be upon us – and even in the midst of the pandemic climate and fuel poverty remain pressing problems. If you’re looking for a meaningful way to act, we have an exciting opportunity for you – primarily as a Finance Director, but we also welcome interest in other roles. Interested? If so, read on for details:

Exeter Community Energy is looking for a new voluntary Finance Director to join our Board. The Finance Director will help this vibrant community project track its financial performance, as well as meet our regulatory commitments. This will enable us to use renewable energy, energy efficiency and fuel poverty projects to bring about practical change in our community.

The role bests suit someone who has a strong interest in helping the environment and/or local community and would therefore be motivated to spend their spare time on this. We are ideally looking for people able to commit a significant amount of time, upwards of ten hours per month, but welcome all enquiries. Directors must be ECOE shareholders, which will require a minimum £50 investment. This is your chance to do something real to address the climate emergency!

We welcome all enquiries – if we get several we may explore whether different people can work together on this role. The Finance Director will have the following Roles and Responsibilities:

The Finance Director provides financial information to the Board, to members and to regulatory and tax authorities.

The responsibilities include:
  • Working with the Board to ensure adequate financing for projects, considering funding opportunities, donations, community share finance, loans and others. Overseeing all financial activities including budgeting, financial models for individual projects and annual accounts
  • Ensuring that all financial transactions are recorded and that a full audit trail of them is retained for the statutory period
  • Keeping the books of account in compliance with Financial Reporting Standards applicable in the UK
  • Ensuring that a system of controls is in place to safeguard ECOE’s financial assets
  • Keeping the Board informed about ECOE’s solvency position
  • Ensuring that ECOE’s bank accounts are operated in accordance with the bank mandate, as approved by the Board
  • Providing the Board with forecasts or projections of ECOE’s financial situation
  • Ensuring that revenue accounts and a balance sheet are prepared annually, or more frequently as may be required by the Board or by regulatory authorities
  • Ensuring that the Annual Accounts are presented to the Board and to the members’ AGM and are filed with the regulatory authorities in accordance with the statutory deadlines
  • Ensuring that the Annual Accounts are audited in accordance with the requirements of the relevant legislation, or, where applicable, that exemption from audit has been sought from and approved by members
  • Ensuring that VAT Returns are submitted quarterly and that Corporation Tax Returns are submitted annually, to the relevant tax authority in accordance with their respective deadlines

Do you know anyone with the skills and available time to fill this important role? Would you like further information about role responsibilities? Please contact Andy Extance, chair in the first instance on info@ecoe.org.uk or on 07788 582024.

Other volunteers

We welcome anyone with the interest and passion to help ECOE – volunteers don’t need to invest. We’d be especially interested if you can help with events, developing new projects, making funding applications and/or bringing in commercial sponsorship. Or perhaps you know other people who could, or email or internet discussion groups of local people who would consider something like this? All enquiries are welcome – contact Andy using the details above!