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Chair of the audit & risk committee (arc)

Birmingham (West Midlands)
Invictus UK 2027 Ltd
Posted: 30 March
Offer description

Organisation Invictus UK 2027 Ltd Salary This is a non-remunerated role. Location Hybrid/London/Birmingham Contract type Fixed Term Closing date 7 April 2026 Job Description Chair of the Audit & Risk Committee (ARC), for both Invictus UK 2027 Ltd and Invictus UK 2027 Trading Subsidiary
Invictus Games Birmingham 2027

The role

We are looking for a Chair of the Audit & Risk Committee to join our fantastic team at Invictus UK 2027.

In this role you will be responsible for providing strategic leadership and independent oversight of audit, risk, and internal control matters across Invictus UK 2027 Ltd and its Trading Subsidiary. Your role ensures the Committee effectively fulfils its Board delegated responsibilities by scrutinising financial reporting, risk management, internal controls, external audit activity, and the appropriate use of public funds. Ultimately, you safeguard the organisation’s integrity, transparency, and accountability as it delivers the Invictus Games Birmingham 2027.

This term is expected to run until March 2028.

This is a non-remunerated role.

Travel and subsistence expenses will be reimbursed in line with the IG27 Ltd Travel & Expenses Policy.

The Board and Committee meet at least four times per year, with additional meetings as required. Board meetings are in person in Birmingham or London, and ARC Committee meetings are held virtually. The role may also be required to attend additional meetings or Board engagements as required.

About Invictus UK 2027

Invictus UK 2027 Ltd (IUK27) is a charity and is the delivery organisation for the 2027 Invictus Games, which will be held at the NEC Birmingham and Sandwell Aquatics Centre. The organisation is also committed to a comprehensive strategic and collaborative programme of impact & legacy activities rolled out from summer 2026.

The Games will unite wounded, injured, and sick serving personnel, veterans, and their families from over 20 nations. The games aim to support their recovery journeys and celebrate resilience, community, and the unconquered human spirit.

Role Summary

The Chair of the Audit & Risk Committee (ARC) provides strategic leadership and oversight of audit, risk, and internal control matters across Invictus UK 2027 Ltd (IUK27) and its Trading Subsidiary.

The Chair ensures the Committee fulfils its responsibilities as delegated by the Board to support and guide the executive team and lead scrutiny of financial reporting, risk management, internal controls, external audit processes, and the appropriate use of public funds where they apply.
The Chair plays a key role in safeguarding the integrity, transparency, and accountability of the organisation as it delivers the Invictus Games Birmingham 2027.

Key Duties and Responsibilities

Leadership & Governance
•Lead the Audit & Risk Committee, ensuring it operates effectively, efficiently and in accordance with its Terms of Reference.
•Ensure that the Committee maintains a high standard of governance, constructive challenge, and independent judgement.
•Approve ARC agendas
•Ensure meetings are conducted fairly, professionally, and with sound facilitation to achieve consensus-based decisions.
•Support and guide the executive in its financial, audit and risk functions.

Financial Oversight
•Oversee the review of annual audited financial statements and recommend them to the Board for approval.
•Provide assurance that all public funds from HMG have been utilised correctly and in line with funding obligations.
•Review and monitor accounting policies, major financial transactions requiring judgement, and the effectiveness of internal financial controls.
•Ensure that all statutory financial reporting requirements are met.

Audit & External Scrutiny
•Lead the Committee’s work in appointing, overseeing, and reviewing the performance and independence of external auditors.
•Review the scope, quality, findings, and management responses associated with external audits for both IUK27 and its Trading Subsidiary.
•Ensure that the Committee reviews and scrutinises management letters and any issues raised by auditors.

Risk Management
•Oversee the organisation’s approach to risk identification, assessment, mitigation, and reporting, including regular review of the Corporate Risk Register.
•Ensure that material financial, operational, or reputational risks are escalated appropriately to the Board.
•Review risk and control statements within audit reports and ensure strong alignment between risk management and internal control environments.

Internal Control & Compliance
•Ensure the Committee reviews and challenges the effectiveness of internal control systems.
•Oversee reports on internal control breaches and ensure appropriate, timely action.
•Oversee systems for managing conflicts of interest for both management and directors.
•Receive and review reports related to whistleblowing, anti-bribery, fraud, or regulatory compliance.

Reporting & Communication
•Report formally to the IUK27 Board and the Board of the Subsidiary on the Committee’s activities, findings, and assurance levels.
•Escalate significant issues or risks to the Board promptly when required.

Reporting to Board of Directors, Invictus UK 2027 Ltd the Invictus UK 2027 Trading Subsidiary

Person Specification

Experience:
Essential
•Previous experience in a similar role
•Recent and relevant financial expertise, consistent with the responsibilities of an Audit Committee Chair
•Strong understanding of audit processes, financial governance, and risk management principles.
•Experience operating at Board or senior governance level in a complex organisation.
•Ability to analyse financial and risk information and guide informed discussion.
•Proven capability in leading committees or senior-level meetings
Desirable
•Experience working in the charity sector
•Knowledge or experience of working on an international major event

Skills:
Essential
•High integrity, impartiality, and independence of judgement.
•Strong communication, facilitation, and interpersonal skills.
•Ability to challenge constructively while maintaining collaborative working relationships.
•Commitment to the values and mission of the Invictus Games.

Committee Membership & Operation
The Chair will be an Independent Director/Trustee of IUK27. As such, they will be required to attend IUK27 Board meetings which are held quarterly.
The Committee meets at least four times per year, with additional meetings as required. Occasional travel to Birmingham/London is required to attend in person meetings.

Remuneration
This is a non-remunerated role.
Travel and subsistence expenses will be reimbursed in line with the IG27 Ltd Travel & Expenses Policy.

Accountability
The Chair of the Audit & Risk Committee is accountable to the Chair and Board of IUK27 Ltd and it’s Trading Subsidiary

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