Audit Committee member

Location
Forest Hill, South London
Salary
This role is not remunerated but reasonable travel and susbistence expenses will be reimbursed.
Posted
19 Jul 2017
Closes
19 Oct 2017
Availability
Weekdays
Frequency
Termly
Organisation
Charity

Job Description – Independent Member of the Audit Committee

The Horniman Public Museum and Public Park Trust, an independent charitable trust, is core funded by the Department for Culture, Media and Sport. The Museum and Gardens were given as a free gift to the people by Victorian philanthropist and tea trader Frederick Horniman in 1901, along with his original collections. The Horniman offer now includes renowned collections of anthropology, musical instruments and natural history, an aquarium plus 16 acres of beautiful gardens. The Horniman’s mission is to use our worldwide collections and gardens to encourage a wider appreciation of the World, its peoples and their cultures, and its environments. It serves a diverse audience of c.900,000 visitors per annum.

It is now recruiting an independent member for its Audit Committee, which is responsible for overseeing effective auditing, financial reporting, internal controls and risk management.

Aims of role:

  • To attend and participate in meetings of the Audit Committee.
  • To assist the Committee to discharge their powers and functions as set out in the Terms of Reference of the Audit Committee.

Person Specification

  • Commitment to the mission, values and objectives of the Horniman and able to work in a way that demonstrates this commitment and to communicate this enthusiasm to others.
  • Able to demonstrate an understanding of the legal duties, liabilities and responsibilities of charity and public sector boards. Previous board or committee experience is desirable.
  • A clear understanding of the difference between governance functions and management functions and the boundaries between non-executive and executive roles.
  • An understanding of risk assessment and management of such an enterprise as the Horniman, and experience of controls and mitigations thereon.
  • Able to demonstrate commercial and financial awareness, ideally with a background within finance or such organisations.
  • Strong strategic awareness and ability to identify emerging external factors that may impact on strategy implementation or plans.
  • A good communicator with excellent leadership and interpersonal skills, objective and independent and able to challenge supportively.
  • An understanding of the context in which the Horniman works (and a willingness to learn more).
  • A willingness to adhere to the Horniman’s code of practice and applicable company policies as adopted by the Board from time to time.

Terms of Appointment

As an independent member of the Audit Committee you will normally be expected to attend three Audit Committee meetings a year (which are usually held during the daytime at the Horniman Museum and Gardens in Forest Hill, London) and to provide further advice and input from time to time. The role is unpaid but reasonable expenses are payable in line with the Horniman’s standard expense policies.

You will be required to attend training events relevant to the role as necessary.

Appointments to the Committee will be renewed annually and will normally be for a period of up to four years.