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Role

Independent Audit Risk and Investment Committee Member

Job Title: Independent Audit Risk and Investment Committee Member
Location: London
Industry:
Reference: ARC Member
Contact Name: Nicola Anson
Contact Email: governance@engineeringuk.com
Job Published: January 23, 2020 18:41

Job Description

 

Independent Audit Risk and Investment Committee Member

The Engineering and Technology Board, trading as EngineeringUK, is an independent, not-for-profit organisation which is the main vehicle for the wider UK engineering community to promote engineering and technology into schools. Our ambition is to inspire tomorrow’s engineers and grow the size and diversity of the talent pool into engineering. Further information on EngineeringUK can be found on our website.

EngineeringUK has two upcoming vacancies for independent members of its Audit, Risk and Investment Committee, which assists the EngineeringUK Board by reporting to it on: the integrity and regulatory compliance of the financial statements of EngineeringUK and its subsidiaries; the performance of the external auditor; the functioning of EngineeringUK’s internal controls and procedures; risk management and the performance of the Investment Fund Manager.

If you are a CCAB qualified accountant with senior experience either within a financial, accounting or audit background, or of charity or governance issues more generally, we would be very pleased to hear from you.

We are committed to diversity and welcome applications from a diverse range of candidates.

Main duties

  • To monitor and review the adequacy and effectiveness of the organisation’s systems, policies and procedures in relation to financial control, internal audit, human resources, governance, strategic planning, programme management and risk management;
  • To monitor and review the organisation’s financial statements and reports, including review of the statutory accounts before submission to the Board;
  • To review the organisation’s corporate and programme risk registers and provide guidance on risk management;
  • To consider the appointment and performance of the external auditor;
  • To review and advise on a Reserves Policy for the organisation;
  • To monitor the organisation’s investment portfolio and advise on the appointment of fund manager.

Commitment

Committee members are expected to attend three two-hour meetings per year in London and to prepare for these meeting by reading papers circulated in advance.

This is an unpaid role, but reasonable travel and subsistence costs will be reimbursed. The successful candidate will be appointed for an initial three-year term.

How to Apply

If you are interested in applying, please send your CV and a covering letter to governance@engineeringuk.com or post to Nicola Anson, Director of Finance and Corporate Governance, EngineeringUK, 5th Floor Woolgate Exchange, 25 Basinghall Street, London EC2V 5HA.

The closing date for applications is 9 March 2020.