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Chair

Employer
HM Treasury
Location
London (Central), London (Greater) (GB)
Salary
Unremunerated (although reasonable travel expenses will be met)
Closing date
16 Oct 2024
View more categoriesView less categories
Sector
Public sector and government
Salary band
Unremunerated
Contract type
Contract
Hours
Part Time
Where will they be working
Flexible

Job Details

Financial Reporting Advisory Board

Chair

HM Treasury is seeking a new Chair of the Financial Reporting Advisory Board (FRAB) as the current Chair’s term comes to an end. The Board plays a key role in developing public sector financial reporting guidance, to help improve the quality of public sector reporting and increase accountability. The Board advises UK public sector accounting standard setters on matters related to financial reporting. Created in 1996, the Board plays a valuable independent role in the accounting standard setting process.

The Chair performs an important leadership role on the Board and the successful candidate will be able to demonstrate the following qualities:

  • Proven track record of chairing or strong leadership capability at a senior level.
  • Strong professional grounding within the accounting and finance profession.
  • Strong communication and presentation skills, including the ability to represent the FRAB effectively with a wide range of public and private stakeholders.
  • Strong intellectual qualities with an ability to set the FRAB strategic direction.
  • An understanding of public finance and reporting and the role of the FRAB as an advisory body to government.

Board meetings are held three times per year, in March, June and November with occasional additional meetings as needed. This is an unremunerated post (although reasonable travel expenses will be met).

For more information on the role or the application process, please contact: FRABSecretariat@hmtreasury.gov.uk

HM Treasury is committed to attract, retain and invest in talent wherever it is found. We embrace diversity and promote equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

The application deadline is 23:59 on Wednesday 16 October.

 

Interviews are expected to be held at the end of October.

 

Interviews are expected to take place via a virtual meeting platform and details of how to access the meeting will be sent to shortlisted candidates.

Company

The Treasury is the United Kingdom’s economics and finance ministry.

We are responsible for formulating and implementing the government’s financial and economic policy. Our aim is to raise the rate of sustainable growth and achieve rising prosperity and a better quality of life with economic and employment opportunities for all. 

A Treasury career offers an exciting opportunity to be part of decision making that affects the whole of the UK. 

The Treasury plays a meaningful role at the heart of Government in the UK and, together with the Cabinet Office and Number 10, forms the centre of the Government and wider Civil Service. 
 

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