Established by theatrical impresario Sir Oswald Stoll in 1916, Stoll was founded to provide affordable homes for disabled Servicemen and their families injured in World War I. Stoll is a Housing Association and a registered charity and has grown and developed considerably since these early days and those leaving the Armed Forces face a whole host of new challenges. Today Stoll is the leading provider of supported housing for those Veterans who require additional support to live independently due to homelessness, disability or a variety of barriers. We support over 500 Veterans a year through our five accommodation schemes, our Outreach service and our national resettlement service for Veterans, the Veterans’ Nomination Scheme. Stoll offers a wide range of services to those battling some of the major issues affecting those coming out of the Armed Forces. We want all Veterans to lead the fulfilling lives that they deserve.
About the role
We are looking for a volunteer to support Stoll’s governance through their expertise in Audit and Risk Management. This volunteer position involves attending four annual meetings of the Audit + Risk (A+R) Committee, held on week days (usually Thursdays and Fridays). You will provide support to the Chair of the A+R Committee and work with the other Members of the Committee and the Stoll Executive to advise the Board on all matters concerning audit and risk.
The main responsibilities of the A+R Committee include:
- Reviewing Stoll’s financial procedures and accounting policies.
- Reviewing Stoll’s regulatory compliance reports and policies.
- Reviewing Stoll’s draft Trustees’ Report and Accounts and other subsidiary financial statements.
- Appointing and deciding the terms of engagement for Stoll’s internal and external auditors.
- A level of scrutiny of value for money, working closely with the Finance Committee
- Discussing the main risks facing Stoll, reviewing Stoll’s Risk Map and considering the risk associated with any significant new opportunities that Stoll is pursuing.
- Looking at the best ways of evaluating Stoll’s performance.
- Ensuring that the necessary arrangements are in place for following up on any “whistle blowing” allegations.
- Receiving a quarterly update on fraud, complaints and litigation.
- Reviewing Stoll’s contingency planning arrangements and disaster recovery plans.
Committee Membership is the conduit to Trustee Board Membership dependent on the skills needed on the Board.
Expenses are paid and training is provided to support the role according to need.
Stoll is looking to appoint up to three new non-executive members to join its Audit & Risk Committee. This is a great opportunity to serve on the Board of such a prestigious, long serving housing charity with over 100 years of history.
It is expected that the new Members will:
- Have empathy with those who have served in the Armed Forces.
- Understand the role of a trustee and be able to add value to the charity through expertise, counsel and sound judgement. Previous experience with an Audit Committee, Board or as a charity Trustee would be helpful, but is not essential.
- Understand the competing pressures involved in running Stoll;
- Have a broad range of business and commercial skills and experience and be able to contribute strategically on a wide range of issues.
In addition, it is expected that the appointed members will have significant experience and credibility in one or more of the following specialised areas:
- Internal and external audit
- Be a lateral thinker and have an ability scan for potential problems
- Housing Associations
- Financial reporting, management, planning, budgeting and control
A Military, Housing Association or charity background are desirable. You will be able to lead the successful growth of the charity to ensure more vulnerable Veterans have the home and support they need.
To discuss this highly rewarding voluntary role, please register your interest by contacting Sarah Berzon on Sarah.firstname.lastname@example.org