About ETA
Energy Training Company CIC delivers high-quality training in the gas and renewables industry through experienced instructors, offering both entry-level and advanced courses aligned with current industry standards. With modern training facilities and flexible online options, we provide practical, hands-on learning in a safe environment.
We deliver training through Government Frameworks, companies and for individuals, with a focus on transitioning to renewable energy services and net zero. As a community interest company, we reinvest profits into education and community support, aiming to equip individuals and organisations with the skills needed to work safely and sustainably while fostering career development and industry excellence.
Board Role Description: Financial Lead (Non-Executive Director)
Organisation: Energy Training Company CIC
Role: Board Member – Financial Lead
Reporting to: Chair of the Board
Purpose of the Role
The Financial Lead is responsible for providing strategic financial oversight and guidance to ensure the long-term sustainability and integrity of the Energy Training Company CIC. This role supports the organisation’s mission to deliver high-quality training and skills development within the energy sector by ensuring robust financial management, transparency, and compliance.
Key Responsibilities
- Financial Strategy & Planning
- Lead the development and oversight of the organisation’s financial strategy, aligning resources with strategic objectives.
- Provide input into long-term financial planning to support organisational growth and impact.
- Budgeting & Financial Oversight
- Oversee the preparation, approval, and monitoring of annual budgets.
- Review financial performance against budget and advise on corrective actions where required.
- Financial Reporting
- Ensure the board receives accurate, timely, and meaningful financial reports.
- Interpret financial data to support informed decision-making and strategic planning.
- Governance & Compliance
- Ensure strong financial controls, risk management, and compliance with relevant regulations, including CIC requirements.
- Support the preparation and submission of statutory accounts and reports.
- Funding & Resource Development
- Advise on funding strategies, including grants, partnerships, and income diversification.
- Support evaluation of investment opportunities and financial viability of new programmes.
- Risk Management
- Identify financial risks and ensure appropriate mitigation strategies are in place.
- Oversee cash flow management and financial resilience planning.
- Audit & Assurance
- Liaise with external auditors or independent examiners where applicable.
- Ensure recommendations from audits are implemented effectively.
- Board Contribution
- Actively contribute to overall governance, strategy, and decision-making as a board member.
- Provide financial insight to support operational and strategic initiatives.
Person Specification
- Strong background in finance, accounting, or financial management.
- Experience in governance, ideally within the not-for-profit, social enterprise, or education/training sectors.
- Understanding of funding models, grants, and financial sustainability in a CIC context.
- Strategic thinker with the ability to communicate financial information clearly to non-financial stakeholders.
- Commitment to the organisation’s mission in energy skills and training.
