Non Executive Directorships

Defence Nuclear Organisation (DNO) – Qualified Accountant

Location: London

Date Posted: 21/01/2021

Closing Date: 07/02/2021

£1000/day

Vacancy Description

Defence Nuclear Organisation is seeking to appoint an Audit, Risk and Assurance Committee (ARAC) Member.

Defence Nuclear Organisation (DNO)

Established in April 2016 as part of recommendations set out in the 2015 Strategic Defence and Security Review, the DNO was set up to oversee all aspects of nuclear business within the MOD and across the wider Enterprise. The Director General Nuclear is responsible for all submarines (from buying them through to disposal when they reach the end of their life), nuclear warheads, skills, related infrastructure and day-to-day nuclear policy.

Our mission is to keep safe and capable submarines at sea today and in the future. We need a capable and credible nuclear deterrent to successfully deter the most extreme threats to our national security and way of life. DNO consists of the people, equipment and infrastructure required to make that happen.

Once stood up the ARAC will be vital in ensuring a suitable level of independent assurance and challenge expected for an enterprise of this importance, scale and cost.

In its capacity as an independent challenge and assurance function, the ARAC will review the risk management and assurance of the Enterprise and provide the Board and senior leaders with critical independent advice and recommendations to further improve the robustness of this function. The Committee will meet four times a year.

Its responsibilities are to:

  • Provide independent oversight of the DNO’s strategic risks and review the level of assurance achieved within the DNO.
  • Hold risk owners accountable for their actions to mitigate risks across the DNO.
  • Advise the DNO Board and Senior Leaders and give recommendations to aid in decision making within the organisation.

 

 

Person Specification

Candidates must be a qualified accountant (CCAB or CIMA equivalent) and preferably have previous experience of Audit, Risk and Assurance Committees. They should be willing and able to constructively challenge the assurances provided to DNO and draw on ways in which those assurances could be developed from their professional background.

The successful candidate will need an appetite for intellectually challenging work and a keen sense of the importance of the DNO’s mission.

Specifically, the appointee will need expertise in accounting and/or audit knowledge which will enable them to be an effective member of the Committee. These should be combined with first class inter-personal, communication and influencing skills. The appointee must, at all times, exhibit the highest levels of integrity, authority and independence. Given the sensitive nature of DNO’s mission, confidentiality will be paramount regarding the discussions and actions of board members operating the ARAC.

Essential criteria

  • Senior level expertise and competence in accounting or auditing.
  • Experience of operating at Board level, preferably in a non-executive capacity and a financial accountancy capacity.
  • Excellent inter-personal skills and demonstrable capability to manage complex stakeholder relationships within a senior leadership context.
  • Candidate has the capacity to understand technical financial issues and to think strategically.
  • Detailed understanding of the central government environment and accountability structures.
  • A commitment to the values of public service and the Principles of Public Life.

Desirable Criteria

  • Experience of working with large and complex procurements and the risk management of large enterprises.

The successful candidates will also be expected to develop an understanding of DNO’s role, and the enterprise required to deliver our mission: to keep safe and capable submarines at sea today and in the future.

Meetings will be held four times a year. Members will also be expected to review papers, which due to their potentially sensitive nature may need to be done in MOD Main Building in London. It is expected that the time requirements for the role may be up to 10 days a year.

The Qualified Accountant Committee Member remuneration is £1,000 per day. DNO will reimburse travel and subsistence costs in line with its travel and subsistence policy.

This role will require a high level of security clearance and applicants are expected to either already hold the appropriate clearance or be willing to obtain this level of clearance.

Additional Information

Reasonable travel and subsistence will be paid in line with MOD policy.

How to Apply

Please submit your CV, a statement of suitability and Expression of Interest form online to Lorna.Brown230@mod.gov.uk

 

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