FD in Five Minutes: Andrew Waters

Third Sector speaks to the treasurer of the disability charity Remap

Andrew Waters
Andrew Waters

Why did you choose finance as a career? Because of the varied opportunities and flexibility of skills it provides. It opens the door to many roles. I was also able to qualify as a chartered accountant at a young age, 21, without the need for years at university.

What made you work in the charity sector? I worked in the commercial sector with a major accounting firm for 40 years, advising clients about various activities worldwide, including charities. On retirement from that firm, at the age of 65, I wanted to help charities with my commercial experience.

What do you do outside work? I am supposed to be retired and activities outside work are now limited to dog walking, travel and relaxing.

Who has been the biggest influence on your career/life so far? I have learnt a lot from the entrepreneurial clients I worked with. My initial boss was also influential on my career development.

If you were charities minister for the day, what one thing would you do? I would seek to rationalise the charity sector. In my opinion there are too many charities duplicating effort and run by well-intentioned people who have limited management experience. This results in a waste of public money.

Are you optimistic for the future of the charity sector? Not particularly, mainly for the reasons above. There needs to be better governance of the sector. The Charity Commission struggles to do this because of the limited funding provided by the government.

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