Independent Board Member - Financial Reporting Advisory Board

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.
Commitment
The expected time commitment of the role is to attend 3 regular meetings per year (in March, June and November and usually the third Thursday of each month) plus any additional occasional meetings as needed. Members are also expected to contribute to occasional out of meeting communications on an ad hoc basis throughout the year., Each FRAB member is expected to contribute to the overall success and effective and efficient operation of the FRAB in the following ways:
+ Draw on your knowledge, skill set and expertise, to play a full part in the Board’s deliberations on issues of financial reporting practice and principle, and in the process formulate advice to the Relevant Authorities on financial reporting in the public sector
+ By regular attendance at Board meetings (typically 3 meetings per year) and work together with other members to ensure the consistency of Board performance
+ Contribute to discussion during meetings and out of meeting discussions and papers
+ Be objective when considering accounting issues and points of accounting principle
+ Support the delivery of the strategic priorities of the Board and contribute to developing and deciding long-term strategies using skills, experience and judgement
+ Ensure that for issues under debate by the Board, express opinions clearly, supported by reasoned analysis
+ Adhere to the Board membership Code of Conduct and declare any personal conflicts of interest related to issues considered by the Board, or subject to the provision of its advice.

+ Evidence of relevant accounting or other public financial management and reporting experience at a senior executive level.
+ Evidence of providing effective leadership in an advisory or senior management role, and the ability to participate in the formation of policies and strategies within a large organisation.
+ Ability to challenge constructively and influence decision making within a board setting, and
+ Evidence that you are a qualified accountant (CCAB or equivalent), with evidence of strong International Financial Reporting Standards knowledge and application.
Desirable:
+ An understanding of the UK public spending and reporting environment and the role of the Board.
Personal qualities:
+ Committed and goal focused with the ability to set clear priorities and to contribute meaningfully to Board discussions, and
+ Excellent interpersonal skills that generate trust and confidence in others.