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Co-opted member - finance risk & audit committee

Nottingham (Nottinghamshire)
Teach First
Finance
Posted: 22 April
Offer description

Co-opted Member - Finance, Risk and Audit Committee - Teach First (Volunteer Role)

Time commitment: Approximately 5 days per year.

Term: 3 years (renewable to a maximum of 9 years).


About Teach First

Teach First is a leading education charity committed to ending educational inequality. For more than two decades, we have worked with schools serving disadvantaged communities to ensure every child has access to an excellent education. We train and develop teachers and leaders, support school improvement, and champion long term systemic change. Today, our work spans 5,500 schools, and our ambassador community plays an influential role in education, public policy and the wider social mobility agenda.


The Opportunity

We are seeking to appoint an external (non-Trustee) member to our Finance, Risk and Audit Committee (FRAC). This Committee provides critical oversight of the charity's financial strategy, risk management, audit processes and governance arrangements.

This is a voluntary position, offering an exceptional opportunity for an experienced professional to contribute to the strength and impact of Teach First's governance. It also provides valuable exposure to the work of our Board of Trustees, enabling the successful candidate to support and observe decision‑making at the highest level within a large, complex national charity.


Key Responsibilities

FRAC supports the Board by providing scrutiny, assurance and advice in the following areas:

* Financial strategy, budgeting and performance
* Income generation, reserves and investment oversight
* Internal controls and risk management
* Internal and external audit
* Governance, compliance and financial reporting
* Remuneration and expenses frameworks

Members are expected to:

* Attend and participate in approximately five online Committee meetings per year
* Provide high-level, non-executive support and constructive challenge to the senior management team


Person Specification

We welcome applications from individuals with expertise in some or all of the following areas:

* Audit and assurance, including interpreting audit plans and reports and constructively challenging findings (ACA or equivalent qualification required)
* Regulatory and compliance knowledge, ideally relating to the charity sector, Charity Commission expectations, and forthcoming changes to the Charities SORP
* Implementation of finance systems and effective use of technology across large organisations
* Organisational transformation and change management
* Senior level leadership

We would also expect candidates to have strong alignment with Teach First's mission and values.


How to Apply

Applicants are invited to submit:

* A CV
* A covering letter outlining:
o your motivation to contribute to Teach First and its mission to end educational disadvantage so every child has the opportunity and support to thrive.
o an outline of the key skills/areas of experience where you feel you could add value to the Finance, Risk and Audit Committee.


Selection Process

Shortlisted candidates will be invited to:

* An initial meeting with the Chair of FRAC
* A fireside chat with the Executive Director of Finance and Performance
* A formal panel interview with the Chair of FRAC, the Executive Director of Finance and Performance, and at least one other member of FRAC


Compensation & Benefits

Employees based in London will receive £3000 London Weighting Allowance in addition to the advertised salary package.

Advertised Salary, London Weighting Allowance and Annual Leave entitlement are FTE. They will be pro‑rata'd for part‑time and fixed‑term positions.

Teach First's core benefits include 27 days holiday per annum (3 of which must be taken during the holiday shutdown period between Christmas Day and New Year's Day), participation in the pension scheme via Salary Exchange (with an employer contribution of up to 6%), life assurance, income protection and private healthcare. Through our flexible benefits platform are access to subsidised dental membership, health screening, discounted gym membership, travel insurance, Give As You Earn and the option to buy annual leave.


Job Location

East Midlands (Nottingham); East of England (Norwich); London; North East (Newcastle Upon Tyne); North West (Manchester); South Coast (Bournemouth); South East (Kent); South West (Bristol); West Midlands (Birmingham); Yorkshire & The Humber (Leeds)

Closing Date: 03 May 2026

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