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Finance Committee

In order to achieve our aims, effective financial scrutiny is essential. Whilst the Boards of NUS have decision-making powers in relation to Finance, the Finance Committee provide structures, governance and technical input according to the Board’s decisions. The purpose of the committee is to provide good governance and oversight to the group’s finance strategy, performance and activities as well as ensuring that there are effective internal financial controls and processes. 

The Finance Committee:

  • Monitors the budget setting and reforecasting process together with the ongoing performance reporting against the budget set. 
  • Ensures that the annual financial statements and accounts are prepared correctly and using the appropriate processes including with external auditors.
  • Ensures the presence of an appropriate reserves policy and supervises the NUS’s assets and investments
  • Reviews any strategies that have finance implications including business plans and advises the boards and management of appropriate courses of action where appropriate.

Membership

Membership of the Finance Committee is drawn from members of the NUS Joint Boards as well as up to four additional members to provide specific expertise.

Current membership includes

 

 

Chair of the Finance Committee Aidan Grills
Since 2009 Aidan has been the Chief Executive at Leeds University Union, now with over 20 years’ experience in the education and charity sectors. Aidan has a specialisation in students and the student experience, and has worked in both Further and Higher Education contexts including as a mentor and coach to senior leaders. Alongside his work with students’ unions, Aidan is a governor of Leeds Trinity University, member of the UK Advisory Board of The Salvation Army and a Trustee of Huddersfield Town Football Club Foundation. He has previously been a member of the NUS Charitable Services Board, and currently chairs the NUS Finance Committee

NUS National President

Larissa Kennedy

As president, Larissa will chair the NUS board, leading NUS from transition into reform and completion of a three-year turnaround programme.

Larissa has been in the student movement since they were 16 years old and has served on NUS’ National Executive Council. Larissa has organised against sexual violence, marched against student fees and is a member of the Black student’s campaign. Larissa wants to build a movement that stretches across the whole of the UK, across students’ and trade unions across the world.

NUS Scotland President

Matt Crilly

During his time as NUS Scotland President Matt wants to fundementally improve the lives of students, build a lasting legacy for NUS in the hearts of students and radically build student power.

NUS UK & Charity Member Director (Staff)

Paul Chapman

CEO of Liverpool John Moores University Students’ Union.

After being a sports officer and then President at Staffordshire University Students’ Union, Paul worked in several unions in the West Midlands before moving back north in 2015.

Working in seven different institutions, as well as being a trustee at Bolton SU and sitting on several sector advisory groups, Paul has a wealth of knowledge in understanding the breadth of the SU movement. He is particularly passionate about student engagement in learning and teaching, partnerships between staff and students and sees SUs as an integral part of the learning community as well as major influencers on change in wider society.

 

NUS UK Lay Director

Kamilla Spark

Corporate Finance Advisor and Fellow of the University of Cambridge Judge Business School


I am a coach in Accelerate Cambridge, the University's enterprise accelerator. I also teach and mentor postgraduate students in entrepreneurship at Cambridge. Previously I was in the private equity and venture capital business in Central Europe. I am from Poland, where I did my first university degree in English. I received my MBA from Columbia University in New York.

 

NUS Charity Independent Director

Daryl Ormerod

Daryl Ormerod is the chief executive of the University of Nottingham Students' Union. 

 

Finance Committee External Member

 

 

Finance Committee External Member

Rob Scully

Rob is an independent external member of the Finance Committee, offering his professional skills and experience as a qualified accountant. He is currently Head of Finance - Major Projects at UCL, but has previously been involved with Students' Unions as Head of Finance at RHSU and President of City Students' Union. Rob has a range of experience on not-for-profit Boards across SUs, education and management companies and a keen interest in how governance supports organisational performance.