Audit & Risk Committee Chair

CIPR; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading professional body in public relations is seeking a dedicated volunteer finance professional to join its Board of Directors as Chair of the Audit and Risk Committee. Responsibilities include leading meetings, advising on financial matters, and ensuring proper scrutiny of budgets and accounts. Applicants should have finance knowledge and a willingness to engage in governance discussions. Training will be provided if necessary.

Benefits

Travel costs reimbursed

Qualifications

• Experience or understanding of organisations similar in size to the CIPR is advantageous.
• Ability to ask questions about finance.
• Understanding of legal responsibilities and governance.

Responsibilities

• Chair meetings of the Audit and Risk Committee.
• Provide financial and risk advice to the Board.
• Scrutinise the annual budget and quarterly forecasts.

Skills

Finance knowledge

Team collaboration

Independent judgment

Understanding of governance

Job description

About the Chartered Institute of Public Relations (CIPR)

We are the world's only Royal Chartered professional body for public relations practitioners, with nearly 11,000 members. CIPR works with and for its members to set, maintain and advance standards. This is done through industry respected qualifications; a Continuing Professional Development scheme, Accreditation and Chartership programs; open, in-house and bespoke training; industry awards and conferences; and the production of research, best practice and skills guidance.

Who we are looking for

We are seeking a dedicated volunteer finance professional to join the Board of Directors as Chair of the Audit and Risk Committee (ARC). As a Director of the CIPR, you would hold legal responsibility for the governance of the Institute, helping shape its future and strategic direction. CIPR are building a diverse and inclusiveInstitute representing the communities served. Applications are encouraged from all backgrounds.

Role Description

• Chair meetings of the ARC four times per year having agreed the agendas with the CEO
• Provide advice to the Board on matters relating to finance and risk
• Lead the search for co-opted Audit and Risk Committee members (i.e. not Board members) as appropriate
• Ensure, together with the Audit and Risk Committee, that the following are properly scrutinised:

1. The annual budget
2. Quarterly management accounts
3. Quarterly Forecasts

Person specification

• A finance professional and an understanding of organisations similar in size or remit to the CIPR is a distinct advantage, but not essential. Training will be provided as necessary following appointment.
• Willingness to ask questions about finance and probe for answers.
• An understanding of the legal duties, responsibilities, and liabilities of directorship, as well as the distinction between governance and management.
• Ability to provide sound, independent judgment.
• Willingness to voice opinions and engage in open dialogue.
• Ability to work effectively as part of a team.
• If a CIPR member, you must have completed your last CPD cycle and begun the latest. Ethical integrity must align with the Nolan Principles and adhere to the CIPR Code of Conduct.
• If not a CIPR member, you will be expected to show that you meet any CPD requirements of professional organisations of which you are a member and that you adhere to your own professional code of conduct.

Time commitment

• Attendance at four virtual meetings per year relating to the Audit and Risk Committee, each of which normally lasts two hours.
• Additional time will be required reading papers before meetings, identifying questions and seeking clarification from the Finance Manager
• Your position as a Board Member will require attendance at up to six virtual and in person meetings throughout the year. Any associated travel costs will be reimbursed in line with CIPR’s expense policy.

Please apply for the position with a covering letter or request further information via the form below.