You need to enable JavaScript in order to use the AI chatbot tool powered by ChatBot

Inspiring Finance Professionals to Be A Force For Good

Alastair Paterson our consultant managing the role
snippet image
Six months into the partnership between Marks Sattin and Charterpath, we are already seeing the benefits – growing a diverse community of 1,500+ professionals across social media channels and over 300 accountants who have signed the Charterpath pledge - equivalent of 600 days volunteered and creating over £175k value for non-profits. It cannot come quick enough - with the non-profit sector in crisis, the need for volunteers has never been greater.

You don’t need to look too far to see another depressing headline about the state of the world right now. Whether it’s the war in Ukraine, impacts from extreme climate disruption or the cost-of-living crisis.

The good news is that In the non-profit sector there are hundreds of thousands of charities, schools and community groups working hard to try and find solutions to these (and many other) issues and support the millions of people affected by them. But it’s seriously tough out there - the sector was only just starting to recover from the impact of the pandemic and is now being hit hard by the cost of living crisis. More people are turning to charities for support so demand for services is up, yet public donations and grants are falling and inflation is increasing operational costs - an almost impossible balancing act.

Charities are doing what they always do - rolling up their sleeves and doing their best - but they are desperately in need of more people to support them. There are estimated to be over 90,000 trustee vacancies across the UK right now. 
The most recent Community Life Survey by the Department for Culture, Media and Sport reinforces the challenge in recruiting volunteers with:
  • Formal volunteering* at least once a month down to 16% in 2021/22 from 27% in 2013/14
  •  Formal volunteering at least once a year down to 27% in 2021/22 from 45% in 2013/14
  • 25-34 age group showed lower participation in formal volunteering at least once a month compared to every other  age group at 10% in 2021/22 (a worrying sign for where this trend could head)
  • The most common barriers for formal volunteering are unsurprisingly related to available time with 49% citing ‘work commitments’ and 31% ‘do other things in their spare time’. Whilst these are genuine obstacles to volunteering - at Charterpath we believe that they can be overcome if accountants and finance professionals are more aware of the benefits for them as volunteers - growing their networks, developing new skills and improving their well-being. 

    Employers too can do more to support their employees in facilitating and promoting volunteering opportunities - for example giving their team members an allowance of time to volunteer - with many studies showing that volunteer programs boost productivity, increase employee engagement, and improve hiring and retention - a true win-win!

    Recent research from the Department for Education confirms that financial skills are the most in-demand skill set among governing boards. Whilst there are over 350,000 accountants in the UK, non-profits struggle to recruit volunteers with financial skills. Unfortunately this is not surprising as it is estimated only 10% of accountants currently volunteer their skills to non-profits each year. 

    At Charterpath we are on a mission to increase this to 50% and have developed three targeted ways to chart a path between accountants and non-profits.

    1. Inspire more accountants to volunteer their skills to non-profits
    2. Connect non-profits more easily with volunteer accountants
    3. Engage with other organisations so volunteering becomes a core part of an accountant’s career

    We are very grateful for the support that the team at Marks Sattin has given Charterpath - providing a much bigger platform to promote our mission and the great news is it’s working, with 100% growth in volunteers since the partnership launch. Pleasingly, these volunteers also represent the diversity which non-profits are seeking with 45% female, 38% non-white and over a third are under 35 years old. We have now promoted opportunities for over 80 non-profits of all sizes ranging from the Together coalition founded by the Archbishop of Canterbury, to The Trussell Trust, Scouts and Manchester Deaf Centre.

    Inspired to support our mission? 

    1.  Follow Charterpath on LinkedIn for all the latest news, inspiration, and roles
    2. Check-out our website at www.charterpath.org.uk for case studies, helpful resources, and live          volunteer opportunities
    3. Sign the Charterpath pledge to volunteer your skills for 2 days each year

    Do you lead a Finance team - ask Charterpath to join a team meeting (virtual or in person) and present directly on the benefits of volunteering and how to get involved.

    With your support, we can achieve our ambitious goal of increasing the number of accountants who volunteer their skills to non-profits and bring lasting positive change to communities across the UK.

    12/07/23
    posts

    Related articles

    Exploring high-growth private equity jobs: Why now is the perfect time to enter
    Exploring high-growth private equity jobs: Why now is the perfect time to enter

    Teaser

    Financial Services

    Content Type

    Career Advice

    25/11/24

    Summary

    Private equity (PE) ranks among the fastest growing areas in today’s finance world. With private equity value up by 36% in value compared to 2023, there’s arguably never been a better time to get

    Teaser

    Look at the private equity sector and why those considering entering the industry should take action.

    Read full article
    Neil Burton

    by

    Neil Burton

    Neil Burton

    by

    Neil Burton

    How to start a rewarding career as a Management Accountant
    How to start a rewarding career as a Management Accountant

    Teaser

    Finance & Accounting

    Content Type

    Career Advice

    08/11/24

    Summary

    The social, cultural, and economic shifts we’ve witnessed over the past number of years have resulted in a drastic, rapid evolution of the UK’s financial sector. To remain viable in these transit

    Teaser

    Management Accountants play a vital part in financial success

    Read full article
    Thomas  Steel

    by

    Thomas Steel

    Thomas  Steel

    by

    Thomas Steel

    Top in-demand finance jobs to watch in 2025
    Top in-demand finance jobs to watch in 2025

    Teaser

    Finance & Accounting

    Content Type

    General

    08/11/24

    Summary

    From the advent of fintech and AI to post-pandemic, post-Brexit impacts, the UK’s finance sector continues to undergo rapid evolution. 2024 has also seen the finance world held to greater regulat

    Teaser

    Join us as we take a look at some of the most in-demand finance jobs in the sector in 2025—many of which Marks Sattin recruits for.

    Read full article
    Conor Brooks

    by

    Conor Brooks

    Conor Brooks

    by

    Conor Brooks

    jobs

    Related jobs

    Senior Accountant - Group Reporting

    Salary:

    Negotiable

    Location:

    Greater Manchester

    Industry

    Consumer & Retail

    Qualification

    Fully qualified

    Market

    Commerce & Industry

    Salary

    £80,000 - £100,000

    Job Discipline

    Qualified Finance

    Contract Type:

    Contract

    Description

    Senior Accountant - Group Reporting | North Manchester | 6 month contract

    Reference

    BBBH182889

    Expiry Date

    01/01/01

    Jamie Miller

    Author

    Jamie Miller
    Find out more
    Finance Systems Administrator

    Salary:

    £45,000 - £60,000 per annum

    Location:

    London

    Industry

    Consumer & Retail

    Qualification

    None specified

    Market

    Commerce & Industry

    Salary

    £60,000 - £70,000

    Job Discipline

    Part Qualified & Transactional Finance

    Contract Type:

    Permanent

    Description

    A large and rapidly growing UK retailer, with stores UK wide and International, is seeking a Finance Systems Administrator.

    Reference

    KD5252

    Expiry Date

    01/01/01

    Kimberley Donovan Find out more
    Financial Accountant

    Salary:

    £40,000 - £50,000 per annum

    Location:

    Uxbridge, London

    Industry

    Consumer & Retail

    Qualification

    Finalist / Newly qualified

    Market

    Commerce & Industry

    Salary

    £50,000 - £60,000

    Job Discipline

    Part Qualified & Transactional Finance

    Newly Qualified Finance

    Contract Type:

    Permanent

    Description

    A leading hospitality business in restaurants and music, is seeking a Financial Accountant.

    Reference

    KD5151

    Expiry Date

    01/01/01

    Kimberley Donovan Find out more
    Assistant Manager - Private Client

    Salary:

    £42,000 - £45,000 per annum

    Location:

    Nottingham, Nottinghamshire

    Industry

    Business Services

    Qualification

    Part qualified

    Market

    Financial Services

    Salary

    £40,000 - £50,000

    Job Discipline

    Tax

    Contract Type:

    Permanent

    Description

    .

    Reference

    BBBH182877

    Expiry Date

    01/01/01

    Aleksandra  Taranovskaja Find out more
    Technology Consultant

    Salary:

    £600 - £650 per day

    Location:

    London

    Industry

    Technology

    Qualification

    Fully qualified

    Market

    Professional Services

    Salary

    £350 - £450

    Job Discipline

    Project & Programme Management

    Contract Type:

    Contract

    Description

    We are seeking a highly experienced Senior Leader to oversee the implementation and management of S4 HANA Finance and Control for a greenfield private rise project.

    Reference

    BBBH182887

    Expiry Date

    01/01/01

    Joshua Greenhalgh Find out more
    Finance Manager

    Salary:

    £55,000 - £65,000 per annum + Additional Benefits Package

    Location:

    Runcorn, Cheshire

    Industry

    Consumer & Retail

    Qualification

    Fully qualified

    Market

    Commerce & Industry

    Salary

    £60,000 - £70,000

    Job Discipline

    Qualified Finance

    Contract Type:

    Permanent

    Description

    Finance Manager role paying up to £65,000 + benefits for a fast-growing online retail organisation based in Runcorn.

    Reference

    BBBH182803

    Expiry Date

    01/01/01

    Nathan  Jones

    Author

    Nathan Jones
    Find out more
    Group Finance Manager

    Salary:

    £70,000 - £80,000 per annum + Excellent Benefits Package

    Location:

    Middleton, Greater Manchester

    Industry

    Consumer & Retail

    Qualification

    Part qualified

    Market

    Commerce & Industry

    Salary

    £80,000 - £100,000

    Job Discipline

    Qualified Finance

    Contract Type:

    Permanent

    Description

    Group Finance Manager role for a market leading retailer based in North Manchester paying between £70,000 and £80,000.

    Reference

    BBBH182844

    Expiry Date

    01/01/01

    Nathan  Jones

    Author

    Nathan Jones
    Find out more
    Financial Planning and Analysis Manager

    Salary:

    £73,000 - £85,000 per annum + Excellent Benefits Package

    Location:

    Middleton, Greater Manchester

    Industry

    Consumer & Retail

    Qualification

    Fully qualified

    Market

    Commerce & Industry

    Salary

    £80,000 - £100,000

    Job Discipline

    Qualified Finance

    Contract Type:

    Permanent

    Description

    Financial, Planning and Analysis Manager role based in North Manchester for a market-leading retail organisation paying up to £85,000.

    Reference

    BBBH182852

    Expiry Date

    01/01/01

    Nathan  Jones

    Author

    Nathan Jones
    Find out more
    View all jobs