This document summarizes a seminar on finance recruitment trends. It discusses the steady increase seen in finance roles in 2015 across temporary, interim and permanent positions. International charities saw particularly strong growth. There was also a significant rise in part-time roles. The document predicts that in 2016 and beyond, more candidates will come from the commercial sector, web-based accounting will grow, and finance directors will take a more prominent role. It also discusses fraud risks, examples of fraud, and steps charities can take to prevent fraud such as implementing appropriate controls and an anti-fraud policy.

1. TPP Finance Breakfast
Seminar
17th November 2015

2. Rob Hayter, Director – Senior Appointments
and
Matt Adams, Senior Consultant – Senior
Appointments (Corporate Resources)

3. Finance Recruitment overview – 2015
• Steady increase in roles – consistent across temporary,
interim (fixed term) and permanent
• “Election blip”
• International charities see particularly strong growth
• Significant increase in Part-time roles
• Continued demand for “Finance Business Partners”

4. Finance Recruitment – predictions for 2016 and beyond
• More candidates from Commercial sector and Practice
• Web-based accounting
• The role of finance - time for Finance Directors to grab
the limelight!
• Flexible/Agile working
• Innovation and income diversification

5. “Charity Expertise Award”
“Overall Service Award”
Top three for eight consecutive years
Annual Charity Finance Audit Survey
• Fraud and Internal Controls
Anna Bennett
Charities Partner
abennett@haysmacintyre.com
020 7969 5542

6. • A few facts about fraud
• Real life examples
• Charity Commission expectations of trustees
• What to do next
Session Overview

7. Annual Fraud Indicator (2013)

8. 47%
15%
14%
24%
source: annual fraud indicator 2013
payment/banking
fraud
accounting fraud
identity fraud
other
Types of Fraud

9. CIMA – Fraud risk management, A guide to good practice
The Fraud Triangle
CULTURECONTROLS
POLICIES TRAINING

11. 1. CHANGING AND VALIDATING
SUPPLIER DETAILS
TOP 10 FRAUDS

12. 2. FRAUDULENT EMAILS
TOP 10 FRAUDS

13. 3. ONLINE PAYMENTS
TOP 10 FRAUDS

14. 4. EXPENSES AND CREDIT CARDS
TOP 10 FRAUDS

15. 5. LOSS OF DATA
TOP 10 FRAUDS

16. 6. INVOICES
TOP 10 FRAUDS

17. 7. CHEQUES
TOP 10 FRAUDS

18. 8. PROCUREMENT
TOP 10 FRAUDS

19. 9. BANK TRANSFERS
TOP 10 FRAUDS

20. 10. PAYROLL
TOP 10 FRAUDS

21. To safeguard money, assets and to act prudently:
• Appropriate internal financial controls
• Keep proper and adequate financial records
• Consider other practical measures
• Consider due diligence, monitoring and
verification of use of funds
• Deal responsibly with incidents
To prevent and detect fraud
Charity Commission Expectations of Trustees

22. 1. Outlines a charity’s attitude to, and position
on, fraud and sets out responsibilities for
its prevention and detection
2. Communicates important deterrence
messages to staff and others
Anti-Fraud Policy

23. 1. Policy statement
2. Definition of fraud
3. Key responsibilities
4. Reporting suspicion
5. Fraud response plan
Formulating an Anti-Fraud Policy

24. • Review areas of risk and controls in place
• Put controls in place
• Make sure they’re written down
• Make sure people know what they are
• Put together a fraud response plan
• Talk to staff
• Check your insurance policy
What to do next…

25. Resources

26. ?

27. Thank you for attending today.
TPP Finance – finance@tpp.co.uk
0207 198 6050
TPP Senior Appointments –
executive@tpp.co.uk
0207 198 6060