Independent Audit and Risk Committee Member
The role of an Independent Audit and Risk Committee Member is unpaid. However we are committed to ensuring that no volunteer should find themselves out of pocket because of expenses incurred when carrying out activities on our behalf. As a volunteer, you can claim out of pocket expenses in line with Parkinson’s UK’s Volunteer Expenses Policy.
Charity meetings are usually held at the charity’s UK Office at 215 Vauxhall Bridge Road, London SW1V 1EJ, and occasional travel outside of London may be required. Meetings are designed in ways to assist people in attending (location/time/structure of agenda) including Skype options in some instances to make these meetings more accessible for all.
Anticipated length of role
Independent Audit and Risk Committee Members are generally appointed for a fixed term of four years. Members can generally not serve more than two consecutive full terms and after this time must stand down.
Anticipated time contribution
The Audit and Risk Committee usually meets around three times a year during normal business hours. Members are expected to adequately prepare for, attend and contribute to all Audit Committee meetings and participate in additional tasks and meetings as required by the Audit and Risk Committee or the Board of Trustees.
The expected time commitment is the equivalent of between five and six days a year as detailed below:
- Three half day meetings of the Audit Committee
- Additional meetings as required
About the role
The role of the Board of Trustees
The Board is the governing body of Parkinson’s UK. Trustees are jointly and severally responsible for the overall governance and strategic direction of the charity and must ensure that the charity is solvent, well run and delivers against its charitable objects. The Board must make decisions in the best interests of the charity as a whole and are accountable to its beneficiaries, members, donors and its regulators.
The role of the Audit and Risk Committee
The Audit and Risk Committee is a sub-committee of the Board of Trustees (the Board). Its role is to help the Board properly discharge its responsibilities of ensuring that the charity has effective internal control systems and is operating within approved policies, its budget, and the law. The role of an Independent Member of the Audit and Risk Committee is set out in more detail in the role description.
We will provide support, training and mentorship in these duties for all Trustees and Committee members, but you must have the aptitude and willingness to understand and act on this.
Key tasks and responsibilities
The responsibilities of the Committee are to review:
- The governance of the charity
- Financial management and integrity of financial reporting
- Asset management
- Risk management
- Effectiveness of internal controls and management information systems
- Oversight and effectiveness of the internal and external audit functions
- Economy, efficiency and effectiveness of operational processes
- Any new legislation that affects the way the charity operates or the Board performs its responsibilities, as may be directed by the Board
HOW TO APPLY
To apply for this post please provide a comprehensive CV including details of:
- relevant professional and personal achievements
- two referees, one of whom should be your current or most recent employer
This should be accompanied by a covering letter explaining:
- your motivation for the role including any previous involvement with Parkinson’s UK
- how you believe your skills and experience match the requirements of the role, directly addressing the person specification
- any relevant experience as an executive or non-executive director/Trustee
TIMETABLE AND PROCESS
Closing date for applications: Wednesday 6 June
Shortlisting: 7 June
Interviews: mid to late June
1st Meeting: Thursday 15 November