Further details about the terms of the role are:
Job title: Chair of Finance Committee/Treasurer (non-executive)
Term of office: Three years, renewable
Remuneration: Travel and subsistence expenses
Time commitment: An estimated two days per month in meetings and preparation, some of which will be on campus, government guidelines permitting
Method of appointment: By Council, on the recommendation of the Nominations Committee
The role of Treasurer is defined in the Charter and Statutes of the University. In practice, the Treasurer’s primary functions are to chair the Finance Committee and to act as one of three senior lay members of the University Council.
As the governing body of the University, the Council has a collective responsibility to ensure the University’s sustainability, promote its wellbeing, protect its reputation, and ensure that the highest standards of corporate governance are adhered to. Council determines the strategic direction of the University, is accountable for the proper use of funds, and – working with Senate, which is responsible for directing and regulating academic matters – oversees the quality of every aspect of the institution’s business.
Lay members of Council contribute their skills and their experience in a non-executive capacity, and their roles are unremunerated. They are expected to ensure that Council operates to high standards of governance by personally demonstrating their integrity, objectivity and accountability in every aspect of their work.
Council believes that diversity is fundamental to sound decision-making and is seeking to broaden the range of backgrounds that its members are drawn from.
Candidates must hold a recognised financial qualification such as ICAEW, ACCA, CIPFA.
The University is currently transitioning from a management structure with a high degree of central control to a more devolved structure and increased delegation of authority. Applications from candidates with experience of supporting a transformation of this nature in a large, complex operating environment would, therefore, be particularly welcome.
The closing date for applications is 11:59pm on Sunday 9 January 2022.