Member - Finance and Audit Committee

Energy Institute; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Join a forward-thinking organization dedicated to shaping a sustainable energy future. As a member of the Finance & Audit Committee, you will play a crucial role in overseeing financial governance and strategy within the energy sector. This volunteer position offers a unique opportunity to contribute your expertise while advancing your professional development. Collaborate with like-minded professionals, make impactful decisions, and help guide the Energy Institute in its mission to address society's energy needs and combat climate change. If you are passionate about finance and the energy industry, this is the perfect opportunity for you to make a difference.

Qualifications

• Experience in senior finance roles, especially in the energy sector.
• Strong understanding of charity governance and financial reporting.

Responsibilities

• Approve and monitor financial policies and budgets.
• Review and recommend external financial reports to the Council.

Skills

Management and Business operations

CFO/FD or other senior level experience

Company accounting

Investments, Cash, and liquidity

Charity accounting

Legal/Regulatory

International business

Corporate governance

Charity governance

DB Pensions

DC Pensions

Job description

Are you a finance professional in the energy sector?

Do you want to be an important part of the Energy Institute, an organisation that works with the energy industry to meet society’s energy needs and tackle climate change? Become an EI volunteer and help create a better energy future.

We are seeking volunteers to join as a member of our Finance & Audit Committee. Our committees provide critical expertise, guidance, and governance in supporting delivery of the EI’s purpose and strategy. Volunteering can help you demonstrate personal commitment to your field of work, as well as further your professional development. We welcome interest from members working in finance in the energy sector and are seeking stronger representation across gender, geography and career stage.

The Council of the Energy Institute has delegated to the Finance and Audit Committee responsibility for regulating and monitoring all financial issues in the management and reporting of the Institute's activities and governance, effecting both internal and external accountability.

The committee meets four times a year around March, May, September, and November

Finance & Audit Committee Remit

• Approve and monitor financial business policy, delegations of authority, investments, banking, and treasury
• Monitor operational and capital budgets and forecasts, making recommendations for Council approval
• Establish procedures to monitor actual performance against budgets and forecasts
• Approve management accounts for presentation to Council
• Responsible for the selection of specialist advisers, including external auditors, taxation, pensions, investment/fund managers.
• Review and approve for recommendation to Council as appropriate all principal external financial reports, including the Annual Report and Accounts and Charity Commission Return.

Skills required

• Management and Business operations
• CFO/FD or other senior level experience
• Company accounting
• Investments, Cash, and liquidity
• Charity accounting
• Legal/Regulatory
• International business
• Corporate governance
• Charity governance
• DB Pensions
• DC Pensions

Applications for the post should include a cover note explaining your interest in the role and a CV. These should be sent by email to [e-mail] . Interviews will take place at the EI’s offices in central London and can be undertaken via Teams if required.