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Actively Interviewing

This organisation is scheduling interviews as the applications come in. Don’t miss your opportunity, apply now!

Job description

The Royal Air Force Central Fund is seeking an independent member to join its Finance and Risk Committee. The member will work with the Committee to oversee the Fund’s finance and risk governance, ensuring these are aligned with the Fund’s charitable and strategic objectives. Following a recent transformation, this voluntary role will give the member an opportunity to support and develop one of the country’s most exciting sport bodies.

About the RAF Central Fund (the Fund)

The RAF Central Fund is a 100-year-old charity that supports the 30,000+ serving personnel and over 40 stations that make up the RAF; the charity works to safeguard the health and well-being of serving RAF personnel through access to sporting opportunities and physical activities. The Fund is the primary funder of the 54 RAF Sports Associations and the sports kit and equipment that allows personnel to participate in their chosen sports from grass roots to Olympic level.

The Fund has recently undergone a period of transformational change and merged a partner charity and 36 of the 54 sports associations into itself. The remaining associations are currently in a consultation process with the aim of following suit to merge over the next couple of years. The goal of this change is to reduce the administrative burden and free the associations up to focus on delivering their respective sports for their members. The new construct also allows for improved opportunities relating to the sponsorship of RAF Sport.

The Committee

The RAF Central Fund is a registered charity and a company limited by guarantee. The Committee is made up of a mix of serving and non-serving members all of whom abide by the Terms of Reference and Code of Conduct.

The Committee meets three times each year virtually or in London or the Buckinghamshire office.

The Role

The terms of office of Committee members will be up to three years. It is anticipated that the time commitment is around one day per quarter, this includes attendance at up to three Committee meetings a year.

Expenses will be paid in accordance with the RAF Central Fund’s expense policy.

The duties of a Committee member include:

· Implementing the Fund’s risk and financial strategies as set by the Board;

· Overseeing management of the strategies in accordance with the Committee Terms of Reference, the Articles and relevant statutory and regulatory frameworks;

· Monitoring the Fund’s financial statements, internal controls and risk management and reporting to the Board any significant issues and judgements;

· Contributing actively to the role of the Committee;

· Working with the Fund’s Committees and Board of Trustees to ensure the financial stability of the charity.

Each member should use any specific skills, knowledge or experience they have to help the Committee reach sound recommendations for the Board of Trustees. 

Key Competencies:

· A high level of objectivity and independent judgement;

· An ability to work in partnership;

· Ability to communicate concisely and effectively;

· A charitable background preferred;

· Accounting investment experience would be advantageous but not essential.

Applications:

Closing date for applications is midnight on Sunday, 28 April 2024.

Posted by
Royal Air Force Central Fund View profile Company size Size: 11 - 20
Refreshed on: 10 April 2024
Closing date: 28 April 2024 at 23:59
Tags: Finance

The client requests no contact from agencies or media sales.