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Finance, Investment & Audit Committee Member
racing welfare
  • Salary Unpaid role
  • Location Remote
  • Job Type Voluntary
  • Category Finance
  • Sectors Social Welfare
  • Job Reference : Finance Committee Member

Job Description

Racing Welfare is a national charity supporting all those working and retired from the British horseracing and breeding industry.  We are seeking an advisory committee member who shares our vision that everyone from the horseracing and breeding industry and community feels supported and has the opportunity to thrive. We are looking for someone who has a passion for the work that we do and who is familiar with the challenges of running a national organisation. 

What will you be doing?

The Finance, Audit & Investment Committee meet three times a year, usually in London with the option to dial in/videoconference, but during the current Covid-19 pandemic all meetings are held via video conference.  The meetings are currently routinely attended by four trustees, Chief Operating Officer, Head of Finance, and Head of Fundraising.  The meetings are held to report on and discuss the financial performance of the Racing Welfare group, including £13m of investments, in line with the strategy; review budgets, challenge management and provide recommendations to the main board; provide oversight of the statutory audit; and consider any current issues or challenges facing this area of the charity, provide advice to the main board to help assist with high-level decision making.

There will also be the requirement to undertake a committee member induction which we anticipate being a one-off one-day commitment.  Each year, in addition to the three committee meetings we anticipate another two days commitment would be required.

We invite committee members to join the Charity for three years with the option to re-apply every three years for a maximum of nine years.

What are we looking for?

We are seeking to add to the expertise that we have on the FI&A committee, through an enthusiastic individual who is looking to develop their own skills and experience and has:

  • Experience and expertise in financial investments (essential)
  • An interest in the personal and professional development of people
  • Experience of working with the voluntary sector

Please note, as this post will involve governing and advising on services that have direct contact with young people and vulnerable adults alongside some work of a sensitive nature it will be subject to a satisfactory, enhanced DBS disclosure.  We also make checks on staff working with vulnerable adults and young people against the DBS barred lists.

What difference will you make?

In 2020 Racing Welfare helped over 3,500 people, a 40% increase on the prior year.  The Charity continues to review, improve and expand a large portfolio of welfare and wellbeing services which make a significant difference to the lives of individuals working in horseracing, their employers, the horse racing industry, and in turn, communities and society.  You will be part of this team, providing crucial advice to shape the finance strategy ensuring the charity has the funds to continue to deliver its services.

What is in it for you?

You will enjoy working alongside and learning from an inspiring and knowledgeable team of executives, committee members, and trustees on the FI&A Committee.  You will have the opportunity to develop your board member skills and there may be the opportunity to progress to a trustee position after 12 months.

How do you apply?

You can either:

  • Send a covering letter and CV by either post or email 
  • Send a short video telling us why you are interested in the role, your relevant experience and what you feel you can bring to the role

This post is exempt from the Rehabilitation of Offenders Act 1974 and therefore applicants are required to declare:

  • All unspent convictions and conditional cautions
  • All spent convictions and adult cautions that are not protected (i.e. that are not filtered out) as defined by the Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 (as amended in 2020).

The client requests no contact from agencies or media sales.