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Role

Finance Trustee

Job Title: Finance Trustee
Location: London
Industry:
Reference: BCUK FT
Contact Name: Thalie Martini
Contact Email: thalie.martini@breastcanceruk.org.uk
Job Published: October 08, 2019 11:16

Job Description

CLOSING DATE: Friday 1 November 2019

REMUNERATION:  Expenses reimbursed

SUMMARY

We are looking for an individual with professional experience in finance and accounting, with a track record of monitoring and scrutinising financial reporting, procedures and overseeing compliance with legal and accounting best practice.  The successful candidate will join a Board with a diverse range of skills and backgrounds, and will Chair the charity’s Audit, Risk & Scrutiny Committee (ARSC).

ABOUT US

Breast Cancer UK's mission is to prevent breast cancer through scientific understanding, education, collaboration and policy change.

We are the only UK breast cancer charity focused entirely on the prevention of breast cancer by campaigning to reduce risk, using traditional and digital channels to extend reach. Today 1 in 7 women will be diagnosed with the disease at some point in their lives but at least 1 in 4 breast cancers is thought to be preventable.

  • We fund scientific research that will help to understand and address the preventable risk factors for breast cancer
  • We educate and raise awareness of the preventable risk factors for breast cancer and provide practical information to help people reduce their risk
  • We campaign for policy changes that promote the prevention of breast cancer

Our research focuses on environmental and chemical causes of breast cancer but our education and advice includes all preventable risk factors.

Breast Cancer UK’s income has grown from £107,000 (31.3.2014) to £433,000 (31.3.2018). With a newly appointed dynamic CEO and a highly engaged Board, we have ambitious plans set out in our strategic plan to expand still further.  

THE ROLE

This is an exciting opportunity to join the Board and support the CEO and wider staff team to deliver our vision and strategy.

As well as financial and accounting experience, you will have outstanding communication skills and be able to support, challenge and scrutinise the financial affairs of the charity, as well as constructively contribute fully to wider issues considered by the Board.  While you may not have personal or family experience of breast cancer, you will need to have a passion for what we do.

KEY REQUIREMENTS

You will be able to demonstrable experience and skills in:

  • Recent and relevant financial experience – including a good understanding of developing financial strategy, ethical investment policy and financial controls principles; 
  • A professional accountancy qualification or demonstrable equivalent experience;
  • Experience of and an understanding of regulations and compliance in terms of financial reporting for the charity sector including knowledge of the SORP 2015 and its implications for BCUK’s reporting requirements;
  • Ability to operate strategically as an effective member of the charity and its Audit, Risk & Scrutiny Committee (ARSC) and to contribute positively in a non-executive capacity demonstrating sound judgment and effective decision making;
  • Comprehensive understanding of financial, control and risk management issues and the role of a Trustee as opposed to a staff member;
  • An ability to understand, interpret and explain financial information;
  • An ability to oversee the preparation and scrutiny of the annual accounts
  • Ability to listen, communicate and influence effectively, building relationships and working collaboratively and effectively as part of a team;
  • Confidence and ability to oversee the charity’s financial risk management including the maintenance of appropriate financial controls.

Further details are provided within the Role Description and Person Specification.

OTHER INFORMATION

Time Commitment

The Board holds meetings in London on a quarterly basis. The post holder will therefore need to be accessible to London.  The successful candidate will also Chair the Audit, Risk and Scrutiny Committee (ARSC) which meets once a quarter in the evening by video conference. 

Breast Cancer UK is committed to providing equal opportunities for everyone, regardless of background. Breast cancer affects all people and we welcome applications from all genders. Please help us monitor the effectiveness of our equal opportunities policy by completing our Equal Opportunities Monitoring Form. This will be separated from your application on receipt and any information gathered anonymised and used only for statistical purposes. 

Application Process

To apply for this position, please submit:

  • A comprehensive CV, including names and contact details of two referees (who will only be contacted if you reach final interview stage). Please ensure you include your full name and contact details (including e-mail address)
  • A supporting statement setting out your motivation for applying for this role and how you meet the criteria set out in the Person Specification (no more than 2 sides of A4, 12 point font)
  • Confirmation that you consent to the application process and retention of your personal data in line with our data policy set out in the Person Specification
  • Completed equal opportunities monitoring form

Please submit your applications to Breast Cancer UK CEO at thalie.martini@breastcanceruk.org.uk by 5pm on Friday 1 November 2019. Please note our advert may close due to the volume of applicants so you are advised to apply as soon as possible.

Please let us know if you have any disability (as defined by the Disability Discrimination Act 1995) and/or if you require any special provision should you be called for an interview.

Timetable

Closing dates for applications: 5pm Friday 1 November 2019

Informal Interview with CEO - (to be held during the day or evening via Zoom): 11 November 2019

Panel interviews - (to be held in evening by Zoom):  18 November 2019

QUERIES

If you have any queries about the application process then please send an email stating the nature of your query to thalie.martini@breastcanceruk.org.uk.

Please note that other than responding to queries it is Breast Cancer UK’s policy not to communicate further with an applicant who is not shortlisted for interview.

 

PERSON SPECIFICATION

Breast Cancer UK is looking to recruit someone with financial and accountancy experience to join the Board of Trustees as Finance Trustee. They must be over 18 and have excellent communication skills. They will oversee the financial affairs of the organisation and ensure they are legal, constitutional and within accepted accounting practice. The Finance Trustee will also ensure proper records are kept; that effective financial procedures are in place; oversee monitoring and reporting to ensure the financial health of the organisation; and, oversee the production of necessary financial reports/returns, accounts and audits.

The Finance Trustee will Chair the Audit, Risk & Scrutiny Committee (ARSC) and lead on the financial viability of the charity; working with the CEO & Finance Manager to produce the annual budgets, interpret financial data, and ensure the charity carries out its financial obligations. As Chair of the Audit, Risk & Scrutiny Committee (ARSC), the Finance Trustee will lead the committee in identifying risk and mitigation strategies relating to financial and reputational risk and will ensure that appropriate processes are in place e.g. review of GDPR or cyber security.

The charity employs a Finance Manager to undertake the majority of the bookkeeping duties, set up payments, carry out reconciliations etc., and prepare management information (monthly & quarterly accounts & forecasts, and drafting the budget). This position requires the following specific skills and experience:

  • Recent and relevant financial experience – including a good understanding of developing financial strategy, ethical investment policy and financial controls principles;
  • A professional accountancy qualification or demonstrable equivalent experience;
  • Experience of and an understanding of regulations and compliance in terms of financial reporting for the charity sector including knowledge of the SORP 2015 and its implications for BCUK’s reporting requirements;
  • Ability to operate strategically as an effective member of the charity and its Audit, Risk & Scrutiny Committee (ARSC) and to contribute positively in a non-executive capacity demonstrating sound judgment and effective decision making;
  • Comprehensive understanding of financial, control and risk management issues and the role of a Trustee as opposed to a staff member;
  • An ability to understand, interpret and explain financial information;
  • An ability to oversee the preparation and scrutiny of the annual accounts;
  • Ability to listen, communicate and influence effectively, building relationships and working collaboratively and effectively as part of a team;
  • Confidence and ability to oversee the charity’s financial risk management including the maintenance of appropriate financial controls.

Each Trustee must:

  • Have a commitment to the aims of Breast Cancer UK
  • Have a willingness to devote the necessary time and effort, including attending all Breast Cancer UK Trustee Board Meetings as well as other necessary meetings
  • Have strategic vision and be able to understand and assess risks
  • Have good, independent judgement
  • Have an ability to think creatively
  • Be willing to speak their mind
  • Understand and accept the legal duties, responsibilities and liabilities of trusteeship
  • Be able to work effectively as a member of a team and to maintain good working relations