The Institute of Internal Auditors - Australia

Independent Member, Audit Risk and Improvement Committee

City of Canterbury Bankstown
Canterbury-Bankstown, New South Wales (NSW)
26 days ago

Description

The City of Canterbury Bankstown is seeking a suitably qualified independent members to its Audit Risk and Improvement Committee (ARIC). The objective of the committee is to provide independent assurance, oversight and assistance to Council on risk management, control, governance, internal audit, organisational performance and external responsibilities in an advisory capacity.

Further details relating to the role and the application process are contained within the Information Pack and Charter which may be obtained by emailing  Linda Derbas – Principal Internal Auditor at Linda.Derbas@cbcity.nsw.gov.au.

Council invites interested parties to submit an application, electronically, as per the details in the Information Pack.

The closing date for applications is 26 November 2021.



Requirements

The Committee meets four times throughout the year (additional extra-ordinary meetings may be called from time to time) and consists of three independent members, one of which is the Chairperson. Committee meetings are held at the Civic Tower located in Bankstown or virtually via the Microsoft Teams meeting platform. 

The appointment terms is three-years commencing March 2022 to February 2025.

To be considered for this role the applicant must meet an independence criteria as follows: The independent voting committee member cannot: 

  • currently be a councillor of any NSW council
  • be a non-voting representative of the board of a joint organisation
  • be a candidate at the last election of the council
  • be a person who has held office in the council during its previous term
  • be currently employed by the council or a joint organisation, or been employed during the last 12 months
  • conduct audits of the council on behalf of the Audit Office of NSW
  • have a close personal or business relationship with a councillor or a person who has a senior role in the council that may lead to a real or perceived conflict of interest
  • currently, or within the last three years, provided any material goods or services (including consultancy, legal, internal audit and advisory services) to the council which directly affect subjects or issues considered by the audit, risk and improvement committee
  • be (or have a close family member who is) a substantial shareholder, owner, officer or employee of a company that has a material business, contractual relationship, direct financial interest or material indirect financial interest with the council or a related entity which could be considered a real or perceived conflict of interest, or
  • currently or have previously acted as an advocate of a material interest on behalf of the council or a related entity which could be considered a real or perceived conflict of interest.

In addition to independence, members of the ARIC should be appropriately qualified and applicants should be able to demonstrate a range of skills and experience that will enable them to fulfil their role in line with the ARIC Charter. A high level of financial and business literacy is desirable. Other relevant skills and experience across the following areas are also highly desirable: 

  • local government
  • internal audit and external audit
  • risk management
  • governance
  • performance management
  • financial management and reporting
  • accounting
  • human resources management
  • internal control frameworks
  • fraud and corruption prevention
  • IT/cyber security
  • the local community, or
  • another relevant subject matter

Job Information

  • Job ID: 59682559
  • Location:
    Canterbury-Bankstown, New South Wales (NSW)
  • Position Title: Independent Member, Audit Risk and Improvement Committee
  • Company Name: City of Canterbury Bankstown
  • Job Function: Audit Committee
  • Required Travel: None

Please refer to the company's website or job descriptions to learn more about them.

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