Audit Committee member

Business and Human Rights Resource Centre; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading charity organization in the UK is seeking an Independent Member for its Audit Committee. This unpaid position requires a strong financial background and experience at a committee or board level. The role involves supporting financial reporting, engaging with auditors, and attending committee meetings. Reasonable expenses will be reimbursed. Candidates must support the Christian ethos of the organization.

Benefits

Expenses reimbursed

Qualifications

• Experience at committee or board level in finance.
• Ability to challenge constructively and insightfully.
• Awareness of compliance obligations.

Responsibilities

• Support financial reporting and internal controls.
• Consider reports from internal and external auditors.
• Participate in Audit Committee meetings four times a year.

Skills

Strong financial background

Commercial acumen

Constructive challenge skills

Independent judgement

Knowledge of risk management

Understanding of safeguarding and fraud risks

Job description

We wish to recruit two additional members of the Committee, each for a three-year term, with the following demonstrable skills and expertise

• A strong financial background, preferably with committee and/or Board level finance experience or experience of a leadership role in a comparable organisation of scale and complexity.
• Commercial acumen
• Skills to challenge in a constructive and insightful manner
• Independent and balanced judgement
• Knowledge of risk management and statutory compliance obligations.
• Understanding of risks such as safeguarding, long-term revenue generation and fraud

The Salvation Army is one of the oldest and most diverse providers of social services in the world, delivering its mission as a church and a charity in 134 countries. The Salvation Army Trustee Company is the corporate trustee of the trusts under which The Salvation Army operates in the UK. With an income of c.£300 million, the diversity of The Salvation Army's UK programme is reflected in its charitable activities (from anti-human trafficking work to children and families work), the breadth of its group (including an ethical insurer and a housing association) and the extent of its physical assets (including a considerable property portfolio).

The Audit Committee currently comprises four external non-executive members with a remit that covers financial reporting, internal controls and audit, and considering reports issued by internal and external auditors and the annual financial statements. The role of Independent Member of the Audit Committee of The Salvation Army provides a unique opportunity to support one of the UK's leading providers of practical Christianity in action. The Audit Committee usually meets four times per year. The role is unpaid but reasonable expenses are reimbursed. Individuals must be supportive of the Christian ethos of The Salvation Army.