Introduction to the Business Board

Strong financial management is essential for charities and the Business Board's plays a key role in overseeing the financial affairs within the Urdd’s governance structure. Safeguarding the charity's financial position, its financial resources and investment decisions are essential to ensure that the charity has the resources to achieve its objects while continuing to ensure that the charity's activities are sustainable for the future.

Business Board Responsibilities

• Review quarterly management accounts and annual departmental budgets
• Review the annual statutory accounts to give the Audit and Risk Committee assurance that the financial information is consistent with the management accounts
• Oversee Urdd’s property portfolio
• Approve and monitor capital projects
• Monitor investment performance and recommend changes
• Approve business expenditure requests from reserves
• Review and oversee Urdd’s financial policies

We are appointing up to 2 additional members to the Business Board

There are up to 2 vacant seats and we are looking for Legal and/or Financial Investment Strategy experience.