Trustee and future Chair of Audit, Risk and Compliance Committee (ARCC)

Trustee and future Chair of Audit, Risk and Compliance Committee (ARCC)

Trustee/Governor
J104126
At a glance

Skills

  • Financial management

Where

London, E2 8EA
Mainly at the office

Time

Mostly during office hours Estimate of time needed:
0-5 hours / month
The usual term, or length of service, for our trustees is 3 years, 4–5 board meetings per year. one of these is an awayday and lasts for 4–5 hours

Deadline

11 May 2025

Visitors from Fifth Day

Welcome to Reach Volunteering. We are a community and registered charity that connects people, skills and good causes.

To apply for this role, and any other on our platform, you need to be based in the UK, have at least three years of experience using the skills you wish to volunteer in a professional capacity or have lived experience (for trustee roles). Read more about our criteria.

ARCC exists to provide assurance to the Board of Trustees on Museum of the Home's financial management and the effectiveness of internal control, risk management and legal and regulatory compliance.

What will you be doing?

About the role 

The Audit, Risk and Compliance Committee (ARCC) exists to provide assurance to the Board of Trustees on Museum of the Home's financial management and the effectiveness of internal control, risk management and legal and regulatory compliance. Your expertise will provide insight and constructive advice on matters such as resource constraints, operational models, risk information flow, and the Museum's ability to respond to emerging risks. 

As a member of the ARCC you will contribute to developing and reviewing the strategic direction of the Museum. You will work closely with the Board of Trustees, members of the Museum's executive team as well as with internal and external auditors.  

A significant amount of the ARCC's work focuses on financial matters, however its remit also extends across the full range of the Museum's operations and risk areas, including cyber-security, data management, regulatory compliance and Health and Safety.  

The ARCC has an important role in monitoring the integrity of statutory and financial reporting and recommends the annual financial statements to the Board of Trustees each year. The Committee also has responsibility for the review of key policies, such as Whistleblowing and Fraud, Bribery and Corruption Prevention. 

Additionally, you will help ensure that Museum of the Home makes the most effective use of its resources, focusing on operational efficiency, value for money, and continuous improvement in the quality of its displays, exhibitions and programming.  

This role requires a strategic thinker with experience in governance, risk management, and audit oversight. You will bring an independent perspective, helping to ensure the Museum's operations are sustainable, well-governed, and agile in addressing emerging risks. 

About you 

Are you inspired by Museum of the Home's vision to reveal and rethink the ways we live, in order to live better together? Are you passionate about the cultural sector and its ability to make a difference?  

Museum of the Home is looking to appoint a trustee with the relevant skills and experience to take on the role of Chair of Audit, Risk and Compliance when the current Chair retires in January 2026.  

What are we looking for?

You will have:  

An appreciation of the Museum's vision and strategic priorities, as well as the ability to offer insights on its key risks, challenges and the wider cultural and financial environment in which it operates.  

The ability to contribute to the Museum's strategic direction and long-term goals.  

Demonstrable skills, knowledge, and experience in areas relevant to the ARCC's work and the ability to provide a strategic and independent perspective.  

Recent relevant experience of accounting and audit.  

A willingness to support the Museum's organisational structure, including governance frameworks and key relationships with our sponsor (DCMS), our key stakeholders and supporters, and other organisations cultural sector.   

A grasp of relevant legislation and regulatory requirements; particularly relevant will be those related to heritage/cultural, and charitable sectors.  

A commitment to our values of Bold, Kind, Eco-Active and Equitable. 

Broad knowledge of the wider governmental environment, especially in areas related to financial governance, accountability, and current DCMS major policy initiatives.  

A comprehensive understanding of internal controls, risk management, and charity governance, with a focus on best practices in these areas. 

Experience of working with Audit, Risk and Compliance Committees within a medium sized or large organisation in either the public, private, or non-profit sectors.  

A strong interest in areas relevant to Museum of the Home's vision and mission. 

Exceptional leadership, communication and team-working skills.  

We are particularly keen to hear from those who have: 

Audit partner experience. 

An enthusiasm to use strong audit expertise to ensure the organisation is operating within best practice and fulfilling the regulatory expectations and supporting the ambitions of the Board of Trustees.  

A senior risk expert with practical experience and skill in resilience planning and risk management, in a complex, public facing environment. 

What difference will you make?

We are particularly keen to hear from those who have: 

Audit partner experience. 

An enthusiasm to use strong audit expertise to ensure the organisation is operating within best practice and fulfilling the regulatory expectations and supporting the ambitions of the Board of Trustees.  

A senior risk expert with practical experience and skill in resilience planning and risk management, in a complex, public facing environment. 

Additional information 

Time commitment 

The usual term, or length of service, for our trustees is 3 years. Trustees may serve for up to two terms.  

We would normally expect trustees to prepare for and take part in 4–5 board meetings per year; each year, one of these is an awayday and lasts for 4–5 hours. Meetings are usually held in the Museum's building, with occasional onsite attendance possible. Meetings typically last 2 hours with preparation time of 1–2 hours required to read and consider written reports on progress against strategic goals and finances. 

ARCC meetings are held 4-5 times a year. Each meetings lasts 1.5 hours.  

Trustees are encouraged to support Museum of the Home through attendance at events or exhibitions, but we recognise that people have different demands on their time.  

Payment  

The role, as defined by the Charity Commission, is an unpaid voluntary position.  

Expenses incurred taking part in Board business, such as travel, caring or support costs, may be reimbursed or met directly by the Museum of the Home. 

Before you apply

A CV and statement of what you can bring to the role will be used to select candidates for interview.  

Your statement can take the form of a written piece (max. 2 sides of A4)  or a 4-minute filmed or audio response.  

Your written statement/video/audio response should address how you meet the ‘You will have’ statements in the About you section

Closing date: Sunday 11 May 2025 (midnight) 

Please send your CV and written statement on the Reach platform. 

Interviews: Friday 23 May (in person at Museum of the Home).  

Start date: June 2025 

Causes
  • Climate action
  • Museums / heritage
  • Organisation type: 
    Charity

    We exist to:

    Reveal and rethink the ways we live in order to live better together.  

     

    We are:

    A place to explore...