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Non-Executive Finance Director

Squash Wales

Squash Wales is the national governing body of squash in Wales. It has 121 affiliated clubs and is a member of the World Squash Federation and the European Squash Federation.

Posted
14 Sep 2023
Status
Contract - Fixed Term
Location
Wales
Closing date
29 Oct 2023

Organisational Summary:

Squash Wales are on a mission to create a positive and sustainable environment where everyone can reach their potential within all aspects of a vibrant squash community. Whether you aspire to be the next Joel Makin, Tesni Evans, or just enjoy getting active and having fun whilst doing it, we are here to make it happen.

It is an exciting time at Squash Wales – we are a medal winning, fast-growing Commonwealth Games sport that is perennially popular both Nationally and Internationally.

In order to continue the development of squash in Wales and beyond, Squash Wales is seeking to appoint a new Non-Executive Finance Director to its Board, who will bring both professional, qualified financial oversight to the business as well as supporting the overall mission of Squash Wales

About the Role

This is a non-salaried position as part of a team of other volunteer non-executive board members and a Chair who provide oversight, policy and strategic direction to the small staff team and a wide base of coaching and club volunteers.

The successful applicant will take an active role in ensuring that the day-to-day financial management of Squash Wales is in keeping with relevant statutory requirements and that operational finance arrangements comply with both Squash Wales and Sport Wales policies. Currently management accounting is undertaken by a long-term third-party provider, supported by the Office and Business Manager.

Travel and other reasonable out-of-pocket expenses will be reimbursed for attendance at official meetings and events on behalf of Squash Wales. The time commitment will be variable but is reasonably quantified as approximately 10 hours per month year round and attendance at Board meetings four times per year. Three out of four board meetings are held online, with one meeting per year (normally September), held in person in Cardiff. The initial term of office is 3 years.

All board members of Squash Wales are required to comply with a Board Code of Conduct, always taking an impartial view and providing independent oversight and challenge.

Previous board experience is not essential. We welcome applications from candidates who have not previously served in a board role but who can demonstrate the skills and competencies necessary to contribute to Squash Wales’s strategic objectives.

All Squash Wales board members are provided with relevant training upon appointment.

Knowledge of Squash is not an essential requirement for the role.

Finance Director Responsibilities

  • Advise the Board on financial matters, both positive and negative
  • Advise the Board on investment matters
  • Oversee the production of financial plans, annual accounts and management accounts
  • Be a counter signatory to any major banking transaction
  • Undertake the role of internal auditor
  • Prepare and present the Financial Director’s Report for the Annual General Meeting and for Board meetings
  • Guide the Board of Directors in the appointment of auditors
  • Guide the Board of Directors in the budget planning and approval process
  • Liaise with external stakeholders including Sport Wales, other funding partners and sponsors on all financial matters relating to Squash Wales
  • Attend meetings of National Committees and Sub Committees, where appropriate or necessary, without power to vote

Responsibilities of all Board Directors:

  • Setting the organisation’s mission, vision, values and strategy
  • Monitoring and evaluating the implementation of policies, strategy and agreed objectives
  • Ensuring that internal controls are effective
  • Creating and maintaining positive and productive relationships with all internal and external stakeholders
  • Provide direction and support for staff members and volunteers, helping them achieve the aims of the organisation.
  • Providing mentoring and support to relevant staff members

Person Specification

  • A qualified finance professional of chartered status
  • Experience of the annual cycle of UK statutory financial accounting requirements for small businesses
  • Demonstrates robust, collaborative leadership with an ability to unite teams around shared objectives
  • Experience in developing organisations and delivering growth
  • Thorough understanding of and ability to implement good governance to achieve optimum performance
  • Excellent Communication Skills
  • Organisation and effective planning
  • Ability to develop and maintain effective professional relationships with a variety of stakeholders

How to Apply

To apply for this role, please submit a CV and Cover Letter via 'Apply Now'.

Applications close on 29th October 2023

Squash Wales is an equal opportunities organisation and all applicants are treated equally and fairly throughout the recruitment process. We are committed to having a diverse team who can bring their experiences into his role. Therefore, we actively encourage those who identify as having a disability, as LGBTQ and/or BME individuals to apply for this role.


Additional Information

Status
Contract - Fixed Term
Job Type
Finance
Sport
Squash

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