About Magic Bus:
Established in 1999, Magic Bus works to change the lives of children living in poverty in India. Over the past 13 years, Magic Bus has used its unique “sport for development” approach to empower children and youth in making effective life choices in the areas of education, livelihood, leadership, health, and gender equality. By providing positive role models for children, Magic Bus inspires them to go to school, bridge gender and social divides and bring about change in their communities.
The Magic Bus programme is aimed at under privileged children from marginalized settings like slums, streets, institutions, rural and tribal areas. The impact is clear, with the levels of school enrolment rising from around 50% to over 90% among the children on our programme and 75% of those who dropped out of school now re-enrolling.
Through 12 years of programming, Magic Bus has built a strong track record which has been acknowledged by communities, development organisations, governments and policy makers worldwide. In 2003, Magic Bus received the World Bank Developmental Marketplace Award for ‘Mentoring at-risk children.’ Other awards include the Voices for Children ‘Humanitarian of the Year 2004’ and Global Fund for Children Sustainability Award 2005. In March 2011, Magic Bus signed a memorandum of understanding with the Indian Government to deliver sport for development programmes in rural areas. These accolades recognise our standing in both the national and global sport for development arenas.
Magic Bus currently works with 170,000 children living in poverty per year. In the next three years we aim to expand across India, by training young leaders to deliver our programme, reaching out to one million children and young people each year. The programme has expanded to other areas of India including Delhi, Andhra Pradesh and Maharashtra over the last few years.
Magic Bus UK:
Magic Bus has operated in the UK since 2003 when we were first registered as a charity. Magic Bus is currently a small team of three people in addition to two interns, volunteers and an active Board of Trustees. The team has achieved success over the last few years securing major long term partnerships with Barclays, Comic Relief, the Premier League, Laureus Sport for Good Foundation and the Bernard Lewis Charitable Family Trust.
Lord Sebastian Coe, Tessa Jowell, Dame Kelly Holmes, Ian Botham, Boris Becker, Dame Tanni Grey Thompson and Sir Steve Redgrave are recent visitors to the Magic Bus programme in India.
Ambitious goals:
It is an exciting time to join Magic Bus UK. To support the expansion of Magic Bus’ work in India, the UK aims to double income in the next few years and is undergoing significant change to achieve these aims. The UK Board of Trustees is at the head of this change, ensuring the effective governance of a charity that transforms children’s lives in India.
Main responsibilities of the role
• Maintain a financial overview of the charity’s affairs and help to ensure its financial viability;
• Provide sound financial advice to the other trustees and to the Director, Magic Bus UK;
• Provide an effective financial management service to the charity and ensure that the proper financial records and procedures are maintained.
The role would suit someone with professional financial management experience who has some experience of charity finance and accounts.
Specific duties and responsibilities
• Ensure, in close cooperation with the Director, Magic Bus UK and the other trustees, that an appropriate financial policy framework is in place to guide the charity's financial decision making and that each of those individuals has an opportunity to understand fully the key financial issues confronting the charity;
• Ensure the appropriateness of the key assumptions included in the charity's medium term financial plan and annual budget proposals. Provide advice to the Director, Magic Bus UK and the other trustees on these matters, on the likely financial consequences of all proposed courses of action and on major financial issues which arise;
• Oversee the financial procedures used in planning and controlling the work of the charity in order to protect its funds and assets; including financial accounting, management accounting, forecasting, budgeting and control systems, and the maintenance of financial records to meet all legal and tax requirements;
• Contribute to the preparation of the charity's strategic plan, annual budget and forecasts and statutory annual accounts and assist the Director, Magic Bus UK in planning and managing cash flow and any investment activity;
• Maintain contact as required with the charity’s financial accountant, auditors and bankers;
• In collaboration with the Director Magic Bus UK liaise as appropriate with the Head of Finance, Magic Bus India Foundation, concerning transfers of funds and other relevant matters;
• Manage the charity's tax liabilities, minimise the tax burden and deal with tax authorities as appropriate;
• Keep abreast of financial developments across the charity sector
Other qualities and attributes
In order to perform effectively this role and make a positive contribution towards the work of the charity, the person appointed would be expected to have, as far as possible:
• a willingness to devote the necessary time and effort to the performance of duties as a trustee of the charity;
• an understanding of, or willingness to learn, the legal and other aspects of the role of a charity trustee and a commitment to ensuring the good governance of the charity;
• an ability to think creatively;
• an interest in the social and cultural background in India;
• a concern for the alleviation of poverty and the improvement of the life chances of underprivileged children;
• an interest in sport and its use as a tool for development and social change.
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