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RfabAbFkwcscH/S1HdP+koNeajoGMiq8rWtuYr5QBfY/qUQysldP8PgOKVZMUZJc0kljTtMcZJ3IyrEbn//Z

Kingston City Council - Audit and Risk Committee

VIC, Australia

ID: 585

Position Description

Council is seeking to appoint an independent member to its Audit and Risk Committee for a period of three years.

The Audit and Risk Committee’s role is to provide oversight and monitor:
• the enhancement of the credibility and objectivity of internal and external financial reporting
• effective management of Council’s strategic risks, including Business Continuity and Recovery
• the protection control of Council assets
• monitoring and review of the standard of the internal control environment
• the efficiency, effectiveness and compliance of significant Council programs
• Council’s governance practice, including compliance with its policies and legislative and regulatory requirements as well as the use of best practice guidelines.
• The Audit and Risk Committee meets at least five times per year.

Join the committee
The Audit and Risk Committee consists of five members: three independent members, the current Mayor and one other Councillor nominated by Council.

External members are appointed by Council by public advertisement for a maximum of three years.
The Chairperson of the Committee is appointed from the external members by Council on the recommendation of the Chief Executive Officer.
Remuneration by way of an annual fee is determined by Council and will be paid to independent members and indexed annually by the Melbourne All Groups CPI.

For additional information review the Information Pack (https://www.kingston.vic.gov.au/files/sharedassets/public/v/3/hptrim/council-administration-governance-general/audit-and-risk-committee-independent-member-information-pack-2024.pdf) or go to Audit and Risk Committee - City of Kingston (https://www.kingston.vic.gov.au/council/your-council/audit-and-risk-committee)

About The Organisation

Kingston City Council’s Audit and Risk Committee is an independent Advisory Committee to Council that was first established in 1996. The primary objective of the Audit and Risk Committee is to assist Council in the effective conduct of its responsibilities for its management of risks, effectiveness of internal controls, financial reporting and monitoring overall governance practices.

The Audit and Risk Committee also has oversight of the internal audit function and the external auditor to facilitate achieving overall organisational objectives in an efficient and effective manner.

The Audit and Risk Committee Charter was last adopted by Council on 23 October 2023 and is subject to biennial review. The Charter specifies the functions and responsibilities of the Audit and Risk Committee as required by the Local Government Act 2020.

Selection Criteria

The independent member will ideally have broad senior business, corporate governance, audit, risk and/or financial reporting/management knowledge and experience. Applicants must also be able to demonstrate the ability to apply appropriate analytical and strategic management skills to matters that are within the Audit and Risk Committee Charter. Formal qualifications and previous audit committee or board experience will be highly regarded.

How To Apply

Submit your CV and a cover letter that addresses the requirements of the role to [email protected] by 10 May 2024.

For enquiries about the role, contact Manager Governance, Risk & Integrity Kelly Shacklock at the above email address.
Position Sought: Committee Member
Organisation Type: Government / Public Sector
Industry/Sector: Government / Public Administration
Skill Sought: Accounting, Audit, Business acumen, Business Operations, Data Science / Data Analytics, Financial Oversight, Governance, Government, Public Administration, Strategy
Closing Date: 10/05/2024
State: VIC
Remuneration: Committee fees
Duration of Appointment: 3 Years
Website: https://www.kingston.vic.gov.au/council/your-council/audit-and-risk-committee

Kelly Shacklock

[email protected]