Independent member of the Finance, Audit & Risk Committee

Programme/ Department: Governance and Secretariat

Contract Type: Fixed Term

Salary: Voluntary

Location: Overseas Development Institute

Hours: N/A

Closing Date: 26 November 2020

Interview: W/C 30th November

Assessment: W/C 30th November

Independent member of the Finance, Audit & Risk Committee


ABOUT ODI

Evidence. Ideas. Change.

 

ODI has been at the forefront of producing evidence, convening debate and promoting ideas to address global challenges for 60 years. We have been thought leaders, critical friends and policy advisers to governments, heads of state and international agencies, and agenda setters for global processes and changemakers

 

Established in 1960, ODI is a non-partisan, non-profit and evidence-driven think tank. With more than 240 staff and ODI Fellows in 30 countries globally, it exists to have real impact for those who need it most. ODI offers a distinctive mix of research, convening and communication power, which has made the organisation the leading think tank for humanitarian and international development issues in the UK for 60 years. As such, ODI works on a wide range of topics, across a variety of countries and regions: climate, environment and energy policy; conflict, risk and natural hazard-related disasters; economic development, finance and aid; governance, politics and justice; poverty, inequality and social policy; migration; women’s rights; digital transformation

 

Independent member of the Finance, Audit & Risk Committee

 

ODI is looking to appoint an individual to serve as an independent member of its Finance, Audit and Risk Committee (FARC) to support the Trustees and senior management in delivering ODI’s strategic vision. The Independent Member will share their skills, knowledge and experience and participate in the governance and financial oversight of the charity. The appointee will also be a member of the board of the trading subsidiary, ODI Sales Limited. In line with Charity Commission best practice the independent member will not be a trustee of the main ODI charity. Ideal candidates, will have knowledge of charity taxation issues, but this is not a requirement. This appointment could be an excellent opportunity for someone taking their first step into practical charity governance and/or has more limited time at present than would be needed for a full board role.

 

Please note that this is a voluntary, unremunerated position, although reasonable travel expenses will be reimbursed. 

SKILLS AND EXPERIENCE REQUIRED

 

  • Understanding of business accounting and management, ideally with exposure to the charity or consultancy sector
  • Able to provide financial oversight and strategic judgement and address complex issues collaboratively
  • Effective communication skills and a willingness to participate actively in discussion
  • A commitment to the organisation,
  • Able to devote the necessary time and effort,
  • A good, independent judgement,
  • Willingness to speak one’s mind and listen to the views of others,

 

In addition, desirable requirements

  • Formal accountancy qualification;
  • Understanding of taxation issues and their impact for charities and trading subsidiaries;
  • Have an understanding of corporate governance issues, especially finance, compliance and reporting requirements of charities;
  • Have an understanding and acceptance of the legal duties, liabilities and responsibilities of directors;

 

The post is for a term of 3 years, and may be extended for a maximum of two further terms.  For further information about the role, please consult the appointment brief. 

HOW TO APPLY

If you are interested in this position, please write by the 26th November 2020 to our Company Secretary, Teja Zbikowska at  t.zbikowska@odi.org.uk with:

  • your CV;
  • a personal statement setting out your motivation in applying for the role.

 

Apply now