Non-Executive GH Advisory Board & GH Panel Member (Finance). Head of GH Audit Committee

Greenwich Hospital is a unique Crown Royal Navy Charity founded by the Royal Charter of William and Mary in 1694, to support retired, wounded, and needy Royal Navy personnel and their widows and to educate their children. It occupied what is now the Old Royal Naval College site in Greenwich from 1702 to 1869.
Today the charity supports all serving and retired personnel of the Royal Navy and Royal Marines and their families through projects which include benevolence, grants, education, housing, employability, financial resilience, health, and well-being, and much more. In 2019-2020, Greenwich Hospital spent nearly £6m on charity projects and will have supported many tens of thousands of beneficiaries over the three-year period from 2018-2021.Greenwich Hospital promotes initiatives which assist veterans in charitable need as well as those which will help to set serving personnel on a secure and stable path throughout both their service and subsequent civilian careers.
To support its charitable objectives the Hospital seeks to maximise the return on its investments (quoted investments and property portfolio in Greenwich, Northumberland, and Suffolk, whose total value is c. £400m) to provide the funds to meet its long-term commitments. These include regular charitable payments and grants, both direct and through other naval and service charities; bursaries for the education of eligible seafaring children at the Royal Hospital School (which was founded by the Hospital in Greenwich in 1712 and later moved to Holbrook, near Ipswich); and sheltered housing for elderly seafarers and their spouses in Greenwich, Portsmouth and Plymouth.
The Hospital is working with the Royal Navy towards a transformation of its governance and charitable output so as to best meet the increasingly complex needs of both serving and retired seafarers. To this end it is looking at the strategic aims of increasing cooperative support to naval charity.

  • Non-Executive GH Advisory Board & GH Panel Member (Finance). Head of GH Audit Committee
    VACANCY DESCRIPTION Greenwich Hospital seeks a new Non-Executive Advisory Board member with skills including financial management, accountancy, and audit, to also serve on the finance and investment Advisory Panel and Audit Committee of the Board.
    The role of the Advisory Board and Panel and Audit Committee member is to ensure that Greenwich Hospital:
    • Gains valuable external perspectives on all aspects of financial management and audit
    • Has support and constructive challenge for the executive staff in their role.
    • Complies with its governing charter and all other relevant legislation or regulations.
    • Considers best financial practice in the business, public and charity sectors.
    • Uses its resources exclusively in pursuance of its objects, and in doing so fulfils its purpose for the benefit of the public.
    • Maintains proper procedures and controls and that they are kept under regular review.
    • Publishes accounts audited and approved by the National Audit Office and laid annually before Parliament
    Greenwich Hospital is committed to strengthening the diversity of its Advisory Board and Panel to better reflect the nation and Royal Navy it serves and to broaden the thinking that inspires its work. We therefore warmly welcome applicants for this role from all backgrounds and bringing different perspectives.
  • Person specification
    The Member will be expected to use specific skills, knowledge, or experience to help the Advisory Board reach sound decisions. This will involve inter alia:

    • Leading non-executive advice and input on financial policy and good practice.
    • Leading and / or contributing positively to wider discussions.
    • Scrutinising and evaluating board papers.
    • Serving as a member of other sub-committees, ad hoc committees or specialist groups or panels.
    • Providing guidance on new initiatives.
    • Making a particular contribution in areas where the member has special expertise.
    • Acting as an advocate for Greenwich Hospital.

    PERSON SPECIFICATION
    In its new Advisory Board and Audit Committee member, Greenwich Hospital is looking for candidates with strategic leadership experience within financial management and accountancy to provide support and advice to the Board and executive team.
    The successful candidate may be drawn from a wide range of backgrounds and be able to provide a range of skills and experience, but will be able to demonstrate leadership experience as a finance professional, for example as a CEO, Finance Director or Board member of a successful business or charity, and will be a qualified accountant.
    Ideally, candidates will have held a senior position within a business or charity with a substantial turnover and income streams from significant quoted investment and residential and commercial property assets in order to best understand the framework in which Greenwich Hospital operates; if candidates cannot demonstrate this, they should be comfortable dealing with the charity’s level of assets (c. £400m) in conjunction with its small executive team.
    Candidates should be able to think strategically and provide constructive challenge to the team. Importantly, the new Advisory Board member will express empathy with and belief in the values and mission of Greenwich Hospital and the Royal Navy.
    Experience could be either in a leadership role of a finance function.
  • Application process

     

    Please note that NUROLE are handling all applications on behalf of Greenwich Hospital, and your application should be submitted directly to them.  You can find out more here, and to apply you will need to request Nurole membership, which is free and completely confidential. Nurole may not grant access to all membership requests but if any assistance is needed please contact [email protected]

     

    Deadline For Applications: Monday 20 September 2021

    Candidates Can Expect To Be Contacted By: Monday 04 October 2021

    Candidates Can Expect The Process To Be Completed By: Monday 01 November 2021

    Interviews Will Take Place On: Friday 01 October 2021

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