Non-Executive Director & Chair of Audit & Risk Committee at Digital Catapult | England, GBR | Rezi

Non-Executive Director & Chair of Audit & Risk Committee at Digital Catapult

Non-Executive Director & Chair of Audit & Risk Committee

Digital Catapult · England, GBR

Today

Non-Executive Director & Chair of Audit & Risk Committee

Digital Catapult · England, GBR

6 hours ago
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About the Role

This pivotal governance role provides strategic oversight of Digital Catapult’s audit, risk management, and financial reporting processes. The Chair leads and supports the committee, ensuring it is effective, appropriately constituted, and adds value beyond procedural responsibilities. The role involves providing assurance to the Board, guiding discussions on risk, finance, and governance, and engaging with key stakeholders while ensuring compliance with statutory duties.

Responsibilities

  • Serve as Chair of the Audit and Risk Committee, fostering a culture of robust challenge, transparency, and accountability within the committee.
  • Lead the committee in reviewing and challenging the annual financial statements to ensure they are fair, balanced, and understandable.
  • Oversee the relationship with the external auditor, including their appointment, performance, and independence.
  • Advise the Board on the identification and assessment of the principal risks to the organisation, including strategic, financial, operational, and reputational risks.
  • Provide input into the organisation’s strategic vision, bringing key knowledge and expertise, leadership and guidance to Digital Catapult’s Board and Senior Leadership Team.
  • Have an active interest in the success of Digital Catapult as well as the Catapult Network and UKRI and an appreciation of the wider market opportunities and the growth of the UK economy.
  • Advise, challenge and support the team to develop innovative ideas for delivering highly complex research-led programmes, with the ability to think outside traditional boundaries and ways of doing things.
  • Focus on ways to ensure commercial relevance and ensuring organisational governance.
  • Attend Board meetings, review board papers and provide guidance and input as required.

Requirements

  • Board-level experience of the leadership of an organisation working in a complex operating environment.
  • A qualified accountant with experience operating at CFO level and with experience of either chairing or serving on audit and risk committees.
  • A strong understanding of risk management frameworks.
  • Experience of successful commercial delivery at the highest level.
  • Track record of managing complex financial budgets and P&L responsibility, including within a public sector funding setting.
  • Experience of leadership in an organisation operating in a complex stakeholder environment.
  • Proven experience and understanding of turning vision into tangible outcomes, including commercialisation.
  • Ability to scrutinise, whilst at the same time being able to demonstrate an ability to support a company to innovate, change, improve and scale.
  • An understanding and experience of working in relevant sectors, start-up/ scaleup, policy and academic research.
  • A respected individual with a track record of delivery.
  • Possess the depth required to win credibility and engage with industry leaders and stakeholders and represent Digital Catapult at the highest level.
  • Highly collaborative, a team-player and adept at putting forward compelling arguments as well as being open to taking on board diverse views and perspectives.
  • Effective communication skills and the ability to act as an advocate and champion.
  • A credible and persuasive ambassador for Digital Catapult.
  • Articulate, dynamic, energetic and delivery focused.
  • Self-motivated, committed, optimistic, enthusiastic, results oriented.
  • Leads by example, inclusive, open, curious, innovative, and prepared to share expertise, know-how and skills.
  • A highly presentable and persuasive communicator at this level.
  • Non-Executive Directors are advocates and champions of Digital Catapult on the national and international stage and have an extensive network of contacts through which to help to continue to elevate the profile of the important work Digital Catapult is doing in deep tech innovation.
  • It is important that Non-Executive Directors are free from material relationships with the company and its external auditors.

Skills

  • Risk management
  • Financial reporting
  • Governance
  • Strategic oversight
  • Audit
  • Commercial delivery
  • Financial budget management
  • P&L responsibility
  • Stakeholder engagement
  • Innovation
  • Collaboration
  • Communication
  • Advocacy
  • Leadership

Location

  • London
  • Belfast
  • Bristol
  • Gateshead

Work Type

  • Non-executive director
  • Board meetings quarterly

Experience Level

  • Senior-level experience
  • Board-level experience
  • CFO level experience

Education Level

  • Qualified accountant

Salary/Compensations

  • £17,500 gross p.a. (£12,500 standard NED fee + £5,000 Chair of ARC supplement)

Benefits

  • Fees paid on a quarterly basis

About the Company

  • Digital Catapult is a deep tech innovation organisation.
  • It plays an important role in catalysing the UK’s science, research and technology infrastructure, helping to deliver the UK’s Modern Industrial Strategy and supporting economic growth.
  • Digital Catapult bridges the gap between the UK’s world-class research and entrepreneurs, startups, businesses, investors and government to support innovation and unlock commercial opportunities.
  • It accelerates the adoption of breakthrough frontier digital technologies by UK businesses and boosts the growth of new deep tech startups.
  • With offices in London, Belfast, Bristol and Gateshead, Digital Catapult is part of the Innovate UK Catapult Network and receives its core grant funding from UK Research & Innovation.
  • Digital Catapult leads a productive deep tech innovation ecosystem by:
  • Working with the UK’s world-class research institutions and universities to support the commercial application of research in breakthrough frontier digital technologies.
  • Providing physical and digital infrastructure for developing, testing and commercialising deep tech in the real world.
  • Supporting the adoption of frontier technologies by UK businesses through programmes and collaborations.
  • Connecting high potential startups and early-stage deep tech businesses with business leaders, customers, suppliers and potential funders.
  • Aligning its interventions to Government policy and working with agencies to support innovation and growth.
  • Hosting regular events on specific technologies and topics of interest.
  • Publishing market and technology insights, including research reports, case studies and guides that enable real-world adoption.
  • Making connections, building relationships and collaborating across the UK Catapult Network.
  • Visit www.digicatapult.org.uk for more information.

Equal Opportunity

  • Digital Catapult is proud to be a member of Inclusive Employers and puts diversity and inclusion at the forefront of our business practices.
  • As such, we welcome applications from all sections of our society and those who will continue to lead by example and who will demonstrate inclusivity and be open, curious and innovative.
  • You will be committed and energetic and willing to share your expertise, know-how and skills to support us in continuing to deliver on our mission.