SSRO Chief Executive

Marcine Waterman

Biography

Marcine became the SSRO’s full-time Chief Executive in April 2015, having been appointed part-time to the role in September 2014. While at the SSRO, Marcine has overseen the establishment of the organisation and the discharge of several of its statutory functions, including the recommendation of a reduced baseline profit rate, providing opinions and legally binding determinations in response to referrals from the MOD and contractors, assessing compliance with reporting requirements and publishing guidance on Allowable Costs.

Prior to that, Marcine led the Audit Commission as Controller of Audit, making sure it efficiently and effectively applied its statutory audit regime for local public bodies, and monitored and managed the performance of the private audit firms providing audit services. Marcine worked at the Audit Commission from 1993, and was involved in most of the Commission’s key change programmes including data quality, fire modernisation verification, Best Value, and market testing. Marcine led the largest and most complex outsourcing procurement the commission has been engaged in, and oversaw the successful closure of the organisation in March 2015.

Previous roles include:

  • Controller of Audit, Audit Commission
  • Senior Consultant, and then Manager, Public Sector & Government Practice at Ernst & Young (USA)
  • Confidential and Legislative Assistant, The White House, US Presidential Office

SSRO Chief Executive

The SSRO Chief Executive is responsible for:

  • the effective executive leadership and management of the SSRO, within a strategic framework agreed by the main board, and for meeting its statutory functions and contractual obligations, ensuring the SSRO operates strictly in accordance with its legal responsibilities

  • acting as accounting officer to the UK Parliament, exercising the duties and responsibilities of the accounting officer as set out in ‘Managing public money’, managing budget spending, maintaining a full financial account and arranging an annual audit

  • providing overall leadership and management of operational activities, to achieve the SSRO’s statutory functions and objectives, developing clear and achievable financial and corporate plans for the SSRO

  • evaluating and reporting to the board on the overall performance of the SSRO, maintaining effective systems of governance and control, including the development of appropriate policies

  • preparing an annual report and accounts for consideration by the SSRO Audit Committee and approval by the SSRO Board

  • representing the SSRO externally with stakeholders, the media and the corporate and public sector

  • ensuring that the board is properly advised and consulted, enabling effective and timely decision making

  • all staff issues, motivating and providing leadership for the senior management team, leading on the recruitment, appointment and management of senior staff, driving forward the SSRO’s policies on equality and diversity, and staff development

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  1. Independent, fair, transparent: regulating single source defence procurement

    • Speech