Royal College of Pharmacy
Finance & Investment Committee Member
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Role: Finance & Investment Committee Member
Location: London/remote
The Royal College of Pharmacy’s Finance & Investment Committee (FIC) is a key advisory body established by the College’s Board of Trustees to provide independent oversight of financial performance, investment strategy, and long-term financial sustainability.
While the day-to-day financial management of the College is delegated to the Chief Executive and Director of Finance, the FIC plays a critical role in supporting the Board of Trustees in fulfilling its governance responsibilities. The Committee ensures that the College’s financial resources are managed prudently, investments are strategically aligned, and financial risks are appropriately mitigated.
This is a voluntary role with an estimated time commitment of one day per quarter. This includes attendance in person or by Teams at four meetings annually, plus reading and preparation time. Trustees serve for a term of up to three years with an option for appointment for a further two terms.
Principal duties as a committee member:
Review the proposed Budget and its alignment with approved business plans in advance of each financial year and report its opinion to the Board of Trustees prior to the budget being agreed. Assess and make recommendations to the Board of Trustees on any significant variances against approved budgets. Assess the effectiveness and adequacy of accounting, financial and operating controls and satisfy itself that the annual financial statements represent fairly the financial position of the College. Review significant accounting policies and procedures and recommend changes to the Board of Trustees. To oversee short and long-term investments in line with Investment Strategy & make recommendations to Board of Trustees for change where appropriate.
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We are seeking applicants with the following skill, knowledge and experience:
Senior management or director-level experience, ideally in finance and/or investment management Experience of strategic oversight of financial performance and budgets Understanding the distinct role of trustees and operational/executive functions An understanding of charity or not-for-profit governance Strong Financial oversight & Performance monitoring
We are particularly interested to hear from candidates who have the above experience and also bring specific experience within property and/ or investments
About the Royal College of Pharmacy:
We are the Royal College of Pharmacy, the professional leadership body for pharmacists and pharmaceutical scientists.
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As the third largest workforce in healthcare, pharmacy plays a vital role in the health system, and as experts in medicines, pharmacists and their teams are central to patient care and public health. Our mission is to put pharmacy at the forefront of patient care, advancing the safe and effective use of medicines to the benefit of patients and the public.
🗓️ Closing date: 19/7/2026
Interview Date: 31st July and 7th August (on teams)
If you would like to learn more about the role, view our job description 👈
To apply, please send a CV or Profile and a supporting statement via the link on our website. We are committed to making the application process inclusive.
Briefly describe how your skills, experience and personal qualities make you a good candidate for this role. Refer to the role description and person specification for inspiration. (800-word limit) Your specific areas of expertise that will be beneficial to our board of trustees
Each candidate will be shortlisted based on merit, and interview and appointment selection will be strictly based on the agreed selection criteria. The Equality Act 2010 permits reasonable adjustments that may give preferential treatment to an individual with a disability.
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