Senior Project Director
Closing Date: 31 January 2022
The Financial Reporting Council (FRC)’s mission is to serve the public interest by setting high standards of corporate governance, reporting and audit and holding to account those responsible for delivering them. We are the UK Competent Authority for audit. We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, and monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at www.frc.org.uk.
The Accounting and Reporting Policy team is part of the Regulatory Standards Division, which includes all areas of the FRC that set and influence standards and codes and promote good practice, including international liaison. The Accounting and Reporting Policy team develops and implements the FRC’s strategy for standards and related guidance in respect of Corporate Reporting, including the Guidance on the Strategic Report.
Reporting to the Director, Accounting and Reporting Policy, the role involves:
• leading relevant projects to develop and maintain guidance for narrative reporting in the UK and influence the development of international standards in this area, including managing and developing project staff, delivering papers to the relevant governance bodies and meeting project deadlines.
• engaging with stakeholders to contribute to the projects and thought leadership work.
The role may also involve leading other projects within the Accounting and Reporting Policy Team’s work plan.
Educated to degree level, with a professional qualification and at a minimum of director level in an audit firm or senior management in industry with comprehensive and in-depth relevant technical expertise.
The ideal candidates will be:
• A self-motivated professional person able to represent the FRC.
• Able to provide leadership through influence and to work as part of a team to influence the outcome of projects.
• Thorough understanding of the accounting and regulatory framework in the United Kingdom.
• Committed to the objectives and processes of the FRC and to working in the public interest.
• Able to create and maintain key external relationships.
• Able to influence at senior levels in a persuasive and compelling manner.
• Able to listen to and evaluate differing points of view in order to make evidence-based, well balanced recommendations.
• Able to analyse complex issues and identify salient points.
• Able to work independently, prioritise the work and allocate to staff members to deliver the work agenda to agreed timescales, whilst keeping more senior staff updated.
• Able to foster a team environment and to develop and mentor staff members.
• Credible in the corporate reporting community.
The role is based in our Central London Office. The post holder should be able to work flexibly to support the team’s activities and also provide cover within the FRC as necessary. From 6 September the FRC will be operating a hybrid working arrangement. This means full-time employees will spend at least four days per fortnight in the office, pro rata for part time employees, and any arrangement will be agreed between the employee and the line manager.
Rewards and benefits
• The FRC offers competitive remuneration packages, including 30 days annual leave plus ability to buy extra leave.
• Generous employer pension contribution of 10%.
• Staff Employee Assistance Programme including confidential counselling and work life services.
• The FRC offers staff the opportunity to save at least 25% on the purchase of a new bike through the Cycle to work scheme.
• The FRC has a strong work/life balance ethos.
The FRC believes that equality of opportunity and diversity is important in the work that we do and we are strongly committed to being an inclusive employer. Our values of being fair and independent supports this commitment. We're a signatory to the Government's Disability Confident scheme, which means that we guarantee an interview to any disabled candidates entering under the scheme, should they meet the minimum criteria for a role.
Equal opportunities monitoring is an important means of demonstrating and implementing our commitment to promoting equality of opportunity and diversity. Completing our diversity form will assist the FRC to identify any barriers that prevent access to employment and career development for certain groups of people, and to develop solutions, such as action plans, new policies and practices. The form is completed on a voluntary basis and we strongly encourage all job applicants to complete it.