Expression of Interest - Independent Member Appointment for Audit and Risk Committee

⁠⁠⁠The Audit and Risk Committee (the Committee) is an active advisory committee to Council established under the Local Government Act 2009 and Local Government Regulation 2012.

The role of the Committee is to assist Council in effectively discharging its responsibilities on matters relevant to its Charter including financial reporting, risk management, maintaining a reliable system of internal controls, good governance practices and facilitating ethical development.

The Audit and Risk Committee Charter (click here) outlines the role and functions of the Committee, and the duties of committee members.

The Committee comprises 2 Councillors (including the Mayor), one independent Member and one independent Chairperson who meet on average 4 times a year.

During 20/21, independent members will receive the following sitting fees:

External Member - $600 (exclusive of GST) per meeting
External Chair - $800 (exclusive of GST) per meeting
All meetings are held at Council’s Administration building located at 9 Pelican Street, Tewantin.

This independent Committee Member appointment is subject to Council approval and is proposed for an initial 2 year period commencing 1 January 2021.

Applications for Appointment
Individuals eligible for appointment should possess skills and experience relevant to the Audit and Risk Committee Charter and have high levels of financial, business and risk management literacy.

At a high level, it is anticipated that the successful applicant will have:

1. Proven successful experience at a senior level within the business or government sectors;
2. Knowledge of local government operations and the regulatory environment;
3. Strong commercial awareness, business analysis and strategic management skills;
4. Knowledge and understanding of enterprise risk management and of internal control systems for managing risk;
5. Knowledge of IT systems and control frameworks;
6. Financial literacy and significant experience and skills in financial matters;
7. A recognised qualification in business management or accountancy and membership of a relevant professional body;
8. A comprehensive understanding of and skills in corporate governance, internal and external auditing, financial management principles and accounting, and ethical standards;
9. Previous Board or Audit and Risk Committee experience in either the private or public sector (desirable);
10. Strong communication skills;
11. High levels of personal integrity and ethics; and
12. Confirmation of all “fit and proper person” requirements.

Indicative Timeline for Appointment

• Advertisement for applications: Wednesday 14 October 2020
• Closing date for applications: 5:00pm, Wednesday 4 November 2020
• Interviews: end November 2020
• Appointment by Council: Thursday 17 December 2020
• Induction: To commence with attendance at the first Audit and Risk Committee Meeting in February 2021 (date to be confirmed)

Further Information
For further information on this opportunity please contact Brett De Chastel, Chief Executive Officer on (07) 5329 6326.

Closing date for applications is 5:00pm, Wednesday 4 November 2020.