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Role

Independent Member of the Finance, Audit and Risk Committee

  • Location

    London

  • Sector:

    Education

  • Contact:

    Oliver O'Hanlon

  • Contact email:

    o.ohanlon@sciencecounil.org

  • Role ref:

    FAR2018

  • Published:

    14 days ago

  • Expiry date:

    01-08-2018

  • Client:

    The Science Council

Background

The Science Council is a membership organisation that brings together a wide range of professional bodies and learned societies across science and its applications; it enables members to work collectively to enhance the professional practice of science.

Through its four professional registers the Science Council recognises the range of knowledge, experience and professionalism in the practice of science that are sought by employers and demanded by the public. Professional body members of the Science Council are licensed to award registration to appropriately qualified individuals who demonstrate, and maintain, a commitment to continual professional development.

The Science Council’s membership has increased from 13 member organisations when it was launched in 2003 to 42. In 2015 it received a grant of £1.5m from the Gatsby Charitable Foundation to support the promotion of the professional registers, the last instalment of which will be received in July 2018.  The Board will be considering seeking potential further funding from Gatsby, particularly with respect to Science Technicians.

Over the course of 2018 the Board of Trustees, along with Member Bodies, is undertaking a review of the strategic direction of the Science Council. A revised, long-term strategy will be agreed at the 2018 Annual General Meeting.

Independent committee members provide a valuable external perspective on the Science Council’s management processes; this will be particularly important as the organisation moves into the next stage of development following strategy review.

The vacancy on the Finance, Audit and Risk Committee is an opportunity for someone to help shape the future of the charity and to contribute their skills and knowledge for the benefit of the professional scientist community.

Vacancy

We are seeking individuals with accounting and/or finance expertise to join our Finance, Audit and Risk Committee as an independent member. Financial management experience (accountancy, audit or management of a large budget) would be advantageous.

The role would suit those with wide-ranging experience of audit and finance in charities or professional bodies including internal audit, and could provide valuable development experience for those considering a charity trustee position in the future.

Committee meetings are normally held four times a year to fit with the audit and financial reporting cycles. They are held during office hours at the Science Council’s office and usually last a maximum of two hours.

The role is voluntary with reimbursement for reasonable expenses.

Independent members are asked to serve for a renewable term of three years.

The application process

The application period is open from July 2nd to July 30th. Interviews will take place during the week beginning Monday 13th August. Following interviews, the Finance, Audit and Risk Committee will consider the interviewed candidates at its meeting on 29th August. The Committee’s preferred candidates will be invited to attend the Committee’s meeting on 14th November in an observational capacity. Candidates will then be recommended by the Committee to the Board of Trustees for appointment at its meeting on 14th December.

At any time during the process, all communication should be with the Executive’s office and if you would like to arrange an informal discussion regarding the Committee’s work and the Science Council more generally, please contact the Governance Manager, Oli O’Hanlon on 020 3434 2025 or o.ohanlon@sciencecouncil.org.

The Committee's Terms of Reference can be downloaded here.