Non-Executive Director
PermanentJob Overview
Guernsey Electricity are seeking to recruit a Non-Executive Director to join our Board in early 2027. As the successful candidate will also act as the Chair of the Audit & Risk Sub-Committee, preference will be given to suitably qualified candidates with recent and relevant experience in Assurance, Risk and Financial Management.
A commercial mindset will be important as well as an interest in and understanding of the Electricity Strategy, the transitional challenges of moving towards alternative operating models and the complexities of Sustainability/Environmental Issues.
Guernsey Electricity operates in a fast-changing environment of increasing complexity, particularly in relation to market, competition, regulatory and emerging energy transition issues. Such an environment is an exciting place for a NED capable of navigating through those challenges and guiding the direction for the long-term future of Guernsey. This includes ensuring Guernsey has both reliable and affordable energy supplies, as well as helping manage the environmental impact and the future sustainability of fossil fuels on the Island.
The energy system of the future will not look like it does today. The scale of change over the decades to come will be considerable and, whilst we don't know exactly what this change will look like, we do know some of the key change drivers that will be important. One thing seems certain, consumers will play a key role in driving change as their energy needs for warmth, light, power and, increasingly transport change.
The energy businesses of the future will need to provide those services in a clean, affordable, efficient and environmentally conscious manner, by taking advantage of new energy technology and digital enablers to provide a customer experience to the level expected by the consumer. Guernsey Electricity plans to take a leading role in the energy transition and recognises that the island’s Electricity Strategy is critical for ensuring that journey is managed, so the outcomes are in the best interests of energy consumers, and the long-term future of our island. These outcomes necessitate considerable investment over the coming years presenting operational and financial challenges for the company.
Key Responsibilities
- To promote the success of the company for the benefit of its members as a whole in the long term
- To contribute to the effective running of the Board
- To contribute to setting, monitoring and challenging the strategic direction of the Company, by assisting in developing objectives and overseeing performance against these.
- Contribute to open and honest debate at board meetings and provide constructive challenge to the executive
- To serve as a member or Chair of any Board sub-committee as determined by the Board
- To demonstrate high standards of integrity, probity, and appropriate standards of corporate governance best practice at Board level.
Skills, Knowledge and Expertise
- Board level experience
- Recent and relevant financial experience to competently analyse financial statements and understand good financial management disciplines
- Ability to take the lead on ensuring robust prudence and probity in relation to the integrity of financial information, financial and wider internal controls and compliance with relevant laws and regulations
- Provide assurance in relation to the Company’s risk function and systems of risk management and compliance
- Ability to effectively consider multiple data sources
- A strategic thinker with the critical evaluation skills to challenge and contribute to strategy. Able to reach the heart of an issue quickly by asking pertinent questions.
- An understanding of governance and an appreciation of the roles and responsibilities of the board and the role of Non-Executive Directors.
- An understanding of the legal and regulatory framework that the company operates within and the responsibilities and liabilities of directors.
- An independent mindset and integrity focused on the long term success of the company
- The ability to become an ambassador for the company
- Energy, commitment and resilience
- An understanding and/or technical knowledge of the electricity production, distribution and supply industry