Financial Reporting Advisory Board Member

2 months ago

London, United Kingdom HM TREASURY-1 Full time
{"Role": "Financial Reporting Advisory Board Member", "Description": "

HM Treasury invites applications for an independent member to join the Financial Reporting Advisory Board (FRAB). FRAB is an independent statutory body that makes key decisions and provides advice to HM Treasury and Parliament on the direction of financial reporting policy in the public sector.

Key Responsibilities:

  • Contribute to the overall success and effective operation of FRAB.
  • Draw on your knowledge and expertise to play a full part in Board discussions and decision-making on issues of financial reporting practice and principles.
  • Contribute to discussions in out-of-meeting issues and provide views on additional papers.
  • Be objective when considering accounting issues and points of accounting principle.
  • Adhere to the FRAB Membership Code of Conduct and declare any personal conflicts of interest related to issues being considered or subject to the provision of advice.

Requirements:

  • Evidence of relevant accounting or other public financial management and reporting experience at a senior level.
  • Evidence of providing effective leadership in an advisory or senior management role and participation in the formation of policies and strategies within a large organisation.
  • Ability to challenge constructively and influence decision-making at a senior level, such as in a Board setting.
  • Evidence that you are a qualified accountant (CCAB or equivalent), with strong IFRS knowledge and application.
  • An understanding of the UK public spending and reporting environment and the role of FRAB is desirable.

Application Instructions:

  • Send a copy of your CV and a covering letter (with a maximum of 2 pages) outlining your interest in the post and how you meet the person specification requirements by email.
  • Completed Disability Confident Scheme, Political Activity and Conflict of Interest questionnaire
  • Completed diversity monitoring form
  • Supply details of two referees who may be contacted to provide a reference or information relating to your application.

Selection Criteria:

  • Evidence of relevant accounting or other public financial management and reporting experience at a senior level.
  • Evidence of providing effective leadership in an advisory or senior management role and participation in the formation of policies and strategies within a large organisation.
  • Ability to challenge constructively and influence decision-making at a senior level, such as in a Board setting.
  • Evidence that you are a qualified accountant (CCAB or equivalent), with strong IFRS knowledge and application.
  • An understanding of the UK public spending and reporting environment and the role of FRAB is desirable.

Selection Process:

  • Shortlisting based on the application and selection criteria.
  • Interviews via a virtual meeting platform.

Application Deadline:

23:59 on Wednesday 16th October.

"}

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