The Audit Committee provides independent assurance and assistance to us on risk management, control, governance, and external accountability responsibilities and any matters the committee considers relevant to ensure effective service delivery.
Audit Committee Members EOI
We are seeking expressions of interests for 2 Independent Audit Committee Members.
For more information please contact our Coordinator Audit and Risk, Mr Ralph Esther, on 9839 6435.
Submissions for both positions close Friday, 9 November 2018.
Roles and responsibilities of members
Members will be selected based on appropriate experience in accounting, financial, legal and/or audit. Members chosen to serve on the Committee should exhibit an independence of mind in their deliberations and not act as a representative of a particular area of the Community or Council, or with conflicts of interest.
Candidates interested in the position of Committee Chair will be selected based on demonstration of the following criteria:
extensive knowledge of the duties and responsibilities of the position as outlined in the audit committee charter;
leadership skills and strong communication and interpersonal skills;
experience in the local government sector.
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Remuneration is $625 for Committee Chair and $500 for Independent Member, exclusive of GST for attendance at each scheduled meeting with the Committee required to meet no less than four times per year. Travel allowance equivalent to the rate specified in our Enterprise Agreement with a maximum payment of $120 exclusive of GST is also payable for members residing outside the Sydney metropolitan area.
Independent members supply an invoice for payment, inclusive of an ABN for compliance with the GST provisions.
The Committee will meet at least four times per year, with one of these meetings to include review and endorsement of the annual audited financial reports and external audit opinion. Additional meetings will also be scheduled to consider business improvements reports. The majority of meetings are scheduled for a Wednesday afternoon.