Audit and Risk Committee Independent Member EOI

Are you an accomplished expert in Risk Management, Engineering, Asset Management, Change Management, Environmental Management, Human Resources/Industrial Relations, or Community Engagement?

Alexandrina Council is actively seeking expressions of interest from highly qualified and experienced individuals with a difference to serve as an Independent Member on our Audit and Risk Committee.

We value the strong skills of our existing Committee Members in Accounting, Financial Management and Reporting, Procurement, and Governance, and now we are specifically looking for someone with a unique skillset to complement and enhance our team.

About Us

At Alexandrina Council, we are dedicated to transparency, good governance, and financial sustainability. As an Independent Member of our Audit and Risk Committee, you will play a vital role in providing independent oversight and fostering transparency between the Council, management, and the community.

Position: Audit and Risk Committee Independent Member

Term: 2 years from the date of appointment (starting in 2023)

Responsibilities

• Review financial statements and strategic management plans.
• Monitor the implementation of improvement recommendations.
• Assess the adequacy of accounting, internal control, reporting, and financial management systems and practices.
• Provide oversight of the internal audit work plan's planning and scoping.
• Review quarterly internal audit reports.
• Evaluate the effectiveness of policies, systems, and procedures related to strategic, financial, and operational risk management.
• Review any prudential issues report.
• Collaborate with the auditor as required by financial management regulations.

Why Join Us

• Join an esteemed committee that meets a minimum of four times a year in Goolwa.
• Contribute your unique skillset to complement our existing members' strengths in Accounting, Financial Management and Reporting, Procurement, and Governance.
• Receive a sitting fee of $500 (per meeting) for your valuable attendance.

Preferred Candidate Profile

To thrive in this role, the ideal candidate should possess:

• A unique skillset to enhance our team
• Leadership qualities and the ability to promote effective working relationships in complex organisations.
• Excellent communication skills to tactfully convey complex and sensitive assessments to various stakeholders.
• Extensive senior-level experience in governance and management of complex organisations, including a solid understanding of financial statements and ethical requirements.
• A sound understanding of principles of good organisational governance, financial reporting, internal audit operations, and risk management principles.
• Functional knowledge in areas such as governance, risk management, performance management, human resources, internal and external auditing, financial management, and management control frameworks.
• The ability to form independent judgments and a willingness to constructively challenge/question management practices and information.
• A professional and ethical approach to fulfilling duties.
• The capacity to devote the necessary time and effort to the responsibilities of an Independent Member of the Council's Audit and Risk Committee.

Membership Expectations

As a committee member, you will be expected to:

• Comply with Council's Code of Conduct.
• Declare any conflicts of interest.
• Complete an annual Disclosures of Interest Form, if requested.
• Attend four meetings per year, either in person or virtually.
• Maintain confidentiality regarding all discussions and obtained information.

If you are passionate about contributing to the governance of our community and possess the requisite qualifications and expertise, we invite you to submit your expression of interest (EOI). Please include a comprehensive CV and a cover letter addressing the outlined criteria. Please address your Expression of Interest to the General Manager Corporate.