- Salary Unpaid role, expenses paid
- Location Remote
- Job Type Voluntary
- Category Finance , Accounting
- Sectors Education
- Job Reference : Finance Trustee
Job Description
NACE is the UK’s leading charity that supports and champions the education of more able learners. With over 40 years of experience, NACE works with a diverse network of member schools, leaders in education and practitioners to increase challenge for all learners. We believe that that all young people, including the more able, are entitled to have the opportunity to develop their abilities without limits – no matter what barriers to learning they may face and no matter what school they attend.
To support NACE its strategic objectives and advance its plans for the future, NACE is seeking to appoint a Finance Trustee to join the Association’s Board who has a passion for public service as well as sufficient time at their disposal to positively impact the lives of young people. Whilst an interest in or knowledge of education is desirable, it is not a pre-requisite because the role includes holding the executive leaders of NACE to account plus agreeing and overseeing the strategic direction of the organisation, whilst ensuring that resources are deployed to achieve maximum effectiveness and financial sustainability underpins all activities and operations that NACE undertakes.
Key responsibilities:
• Maintain an overview of the Association's affairs and advise the Board appropriately;
• Ensure the charity’s money is safe and properly used;
• Ensure that the Charity has an appropriate reserves policy;
• Ensure the Association's compliance with legislation;
• Support the CEO in preparing for the annual audit, or independent examination, ensuring that the accounts are examined in accordance with SORP and FRS 102, and implement any recommendations by the auditor/examiner;
• Review of management accounts and budgets prior to presentation to the Board;
• Keep the board informed about its financial duties and responsibilities;
Terms of appointment:
The initial term is for a period of 3 years. One third of the Trustees must retire every two years. Subject to remaining eligible to be a Trustee, a retiring Trustee may be re-appointed. The maximum term of office for a Trustee should be 9 years, with 2 cycles of 3 years with the option of a further 1, 2 or 3 years. The Trustees meet 4 times each year as a Board. 3 of these meetings are now held online in September, November and March. The final meeting of the academic year is held in-person in June. In addition, meetings are held, as required, between the Chair, Finance Trustee and CEO to monitor and adapt the organisation’s response to schools’ priorities.
If you are interested in applying to join the NACE board, please send us your CV and an expression of interest by Friday 9th May. Interviews will take place on Thursday 15th and Friday 16th May. The interview process will involve current Board members so you will have the opportunity to meet some of the people with whom you could be working in the future. Trusteeship is a voluntary, unpaid role, but if you possess the energy and skills to make a real contribution to enhancing the educational achievement of young people, you will find the work extremely rewarding. If you want to make a difference and you share the ambitions and aspirations of the current NACE Board, please apply to become a Trustee. You will be warmly welcomed.