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Chair - UK Endorsement Board

Posted 8 days 13 hours ago by HAYS-2

Permanent
Part Time
Other
London, United Kingdom
Job Description

About the UK Endorsement Board

The UK Endorsement Board (UKEB) was established to serve the UK public interest, by contributing to the research and development of high-quality international accounting standards suitable for UK adoption. The UKEB is committed to upholding the high quality of IFRS accounting standards and building on the UK's position as a leading financial centre, guided by the key principles of accountability, independence, transparency and thought leadership.

The UKEB Board represents the best available combination of technical skills and background experience of relevant business and economic conditions to contribute to the development of high quality, global financial reporting standards.

About the role

We are seeking a new Board Chair to lead the Board and the wider organisation as it embarks upon the next phase of its maturity. The Chair is responsible for:

  • Leading the UKEB Board, ensuring effective strategic planning and execution and robust and transparent decision-making, and that all Board members have the opportunity to contribute their views.
  • Executive management and leadership of the UKEB Secretariat.
  • Contributing, at a technical accounting level, to international debate on the development of high-quality international accounting standards,
  • ensuring that UK stakeholders' views are heard, and encouraging and enabling board members and secretariat to do likewise.
  • Managing relationships with key stakeholders, including DBT and the Financial Reporting Council (FRC).
  • Being accountable to the Secretary of State for Business and Trade for the UKEB's technical decisions, and to the FRC Board for the UKEB's governance and due process.

About the person

For this high profile and important role, we are looking for an individual with a proven record of excellence in financial reporting and an understanding of the significance of IFRS to the UK capital markets. Other criteria include:

  • The ability to develop an effective Board and provide leadership through periods of significant change.
  • Proven track record of influencing and communication skills, including the ability to encourage debate and challenge, and resolve conflict in a constructive manner.
  • An effective leader able to represent the UK's views with credibility and integrity and clearly articulate the rationale for decisions to a wide range of stakeholders.
  • The ability to offer up potential solutions for further debate and to synthesise views in order to come to a decision.

Previous experience of operating at Board level, ideally as Chair, or equivalent, is desirable but not essential.

For a more comprehensive information pack please contact Owen Quant on or Andrew Timlin on

We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom. Boards of public bodies are most effective when they reflect the diversity of views of the society they serve and this is an important part of the Government's agenda.

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