About TDA

Established in 2011, TDA is a company limited by shares and wholly owned by Torbay Council. The Company has a social purpose, to support the economic development and regeneration of Torbay, and is an award-winning provider of business and property services to clients in the local authority, education and healthcare sectors.

TDA makes a real difference to the lives of people living and working in the South West, delivering innovative and practical programmes in areas including job and business creation. Year on year we are successfully delivering high quality economic development, property and business services to a growing customer base across the South West.

Following the recent retirement of a board member we are seeking applicants with expertise and experience in finance and with a strong interest in the Torbay economy.to serve as a non-executive director on the board of the company.

As a Board Member your track record, experience and insight will add value to our decision-making processes and contribute to driving the delivery of complex projects.

The scale of projects that TDA is responsible for and our ambition for the growth of the business is considerable. You will be dealing with complex development issues and working closely with Board colleagues and the Chief Executive to ensure good governance and the application of your insight in support of the outcomes sought by TDA, its shareholder and clients.

The role

The Company has an established board chaired by Vince Flower, TDA | Property and business services in the South West. The board currently numbers ten, with three posts filled by political appointments from Torbay Council.

With regard to the time commitment, you will need to commit to attending board meetings every three months and serving as Chair of the Finance and Governance subcommittee, also meeting every three months.

This appointment will be for a Non-Executive Director with a finance background and will receive remuneration of £4,000 per annum plus expenses.

The successful non-executive director appointee will be expected to fulfil all the requirements of non-executive director in relation to good corporate governance.

Their role will include responsibility for:

Strategy: To challenge constructively strategic assumptions, help to contribute towards the development of strategic objectives and their ultimate delivery

Performance: To scrutinise the performance of management in meeting agreed goals and objectives

Risk: To ensure that financial information is accurate and that financial controls and systems of risk management are robust and defensible

The appointee will need to become well informed about the business, the environment in which it operates and the issues it faces.

The appointee will need to question constructively, challenge where necessary and decide objectively in the best interests of the company. All the non-executive directors are expected to bring an independent and broad view on corporate issues, help ensure there are adequate systems to safeguard the interests of the company and see that shareholders are provided with sufficient and timely information.

How to apply

Application is by form of a CV and a written statement should be submitted to HR@tda.uk.net.

For an informal discussion please contact Liam Montgomery on 07824 838512 or liam.montgomery@tda.uk.net.

To find the full job description please visit our website: https://tda.uk.net/about-us/careers/vacancies/.

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