My previous role as a Finance Director for a large sports marketing company earning a significant salary contrasts greatly with my current role at GTCC where I am unpaid and yet bizarrely I have found greater fulfilment and motivation in providing my services to the voluntary sector. Success as a bookkeeper is clearly not just defined by a high salary or a practice’s turnover or profit but also by the satisfaction of the employer and/or clients and the opportunity to enhance their objectives. It’s the quality of the services provided and the “value-addeds” that a good bookkeeper can bring to the table.
I have always been passionate about the quality and professionalism of bookkeepers in business and commerce but the “unsung heroes” within the voluntary sector now deserve equal recognition. I feel great pride to have been given this award but there are many charities, small organisations and social enterprises whose mainstay is their treasurer or bookkeeper who not only “keeps the books” but often becomes involved in many other aspects, working tirelessly within their organisation without any financial reward or public acknowledgement. A good bookkeeper can transform the way an organisation thinks!
In today’s society with ever-increasing government cutbacks and all the diverse challenges that life throws at us, the need for charity intervention, support groups and humanitarian campaigns is now more important than ever. These organisations rely on donations and contributions from the public and good stewardship of these financial resources is vital in delivering their services and support. Working capital can be optimised and put to much better use with an enhanced understanding of financial position, the preparation of analytical reports to prioritise and plan, the active management of reserves and good communication both internally and externally. Often there are also greater restrictions, compliance and other obligations placed on charities which highlights an even greater need for strong financial input and management. Sadly, within the voluntary sector this capability is often absent or inadequate due to the lack of knowledge and understanding of how a good bookkeeper can transform the financial management and administration of an organisation and subsequently improve its financial stability, focus on key services and plan for growth and longevity.
I am very proud to have been recognised by ICB Global, a professional Institute who represents bookkeepers in over 110 countries and has just announced its own charitable initiative to raise £1M to provide training and support in underdeveloped countries in a bid to unite communities, create opportunities and relieve poverty. This will involve not just raising cash but also providing free courses and certification, training trainers and a range of other supportive efforts.”
I would like to dedicate my LUCA Award for “Charity Bookkeeper of the Year 2015” to everyone involved in charity work to help others, with special mention to all the Street Angels across the UK but especially my fellow Street Angels in Guildford. You’re the best! I would also like to encourage everyone to consider what they can give in 2016 – just one hour of your time can make a huge difference to someone else!
Carolyn J Charman FICB MIAB ACICM MInstLM