Reference Number: Audit Committee Closing Date: 25-04-2024 Employment Type: Contract (30/03/2028) Location: Dalby Corporate Office Level 1 (Ground Floor) Expression of Interest Role Title: Independent Member - Audit Committee Role Status: Four-Year Fixed Term Reports To: Chairperson - Audit Committee Expressions of interest are invited from suitably qualified people with expertise in financial management, risk management, and public sector management to join Western Downs Regional Council's Audit Committee as the Independent Member. Council's Audit Committee meets at least three times per year, generally in March, August, and October. The committee consists of three members, being two Councillors and an independent member. The appointment of an independent member is required for a term of four years. The Audit Committee is a source of independent advice to Council and the Chief Executive Officer and is responsible for fulfilling oversight responsibilities relating to the financial reporting process, the system of internal controls, the audit process, and the reporting requirements as prescribed under section 105 of the Local Government Act 2009 and in accordance with the Audit Committee Terms of Reference. This position will be responsible for assisting the Audit Committee in advancing its objectives to: Enhance the ability of Council to fulfil its governance and legal responsibilities. Add to the credibility and objectivity of statutory financial reports. Enhance the independence and effectiveness of the Council's internal audit function. Oversee the application of appropriate accounting and disclosure policies and procedures. Provide a communication link between management, internal audit, external audit, and Council. Support measures to improve governance, risk management, and the control environment. Appointment Criteria Applicants should: submit a short (no more than two pages) statement focussing on their knowledge, skills, and attributes and how this aligns with the personal qualities, skills, and experience requirements of the position; and attach a current resume, including the names and contact details of two referees. Personal Qualities An ability to ask relevant questions and evaluate answers provided; The desire to always encourage openness and transparency; An ability to think independently, objectively, and have an inquiring mind; Strong ethical values, including a thoughtful approach to ethical issues that might be faced; A sense of integrity and an ability to give direct and honest opinions; and A proven ability to be open to, accept and foster change. Skills and Experience Experience and/or professional qualifications in Accounting, Finance, Business, or Risk Management; A thorough understanding of the core activities of the Council and the environment in which it operates, including its strengths, weaknesses, opportunities, and threats; A commitment to the continual improvement of the Council's financial and non-financial performance; Strong business acumen and financial and risk management skills; A high level of understanding of best practise internal control, risk management, and financial management; A high level of competency in financial and performance reporting and the ability to analyse complex financial reports; Previous experience on Boards and/or Audit Committees. Remuneration Applicants must either hold a current ABN or be willing to apply for one. Remuneration for the independent member is set at $1,500 per meeting (meeting fee), plus travel costs per kilometre in accordance with Australian Taxation Office published rates for the applicable financial year. Where applicable, superannuation guarantee contributions will be paid by Council on the meeting fee component of the remuneration. Accommodation costs, if required, will be met by Council. Reimbursement of other related expenses will be at the discretion of the Chief Executive Officer. Our Organisation Western Downs Regional Council is a dynamic organisation committed to providing outstanding service to the local community. Everything we do is underpinned by our positive culture and internal brand which includes being an organisation that cares about its people and their safety, is future focused and strives to make a real difference to our community. Our behaviour reflects our organisational values: Communication, Leadership, Respect, Balance, Team Work, and Accountability. Culture Statement Here at Western Downs Regional Council - It's The People That Make It! We act as one, committed to empowering productive teams with our people enjoying high levels of personal job satisfaction. Safety First Western Downs Regional Council is committed to fostering a Safety First work environment that eliminates or manages hazards that have the ability to cause injury or illness to our employees, communities, assets and customers. Council's Safety First values include pre-employment medicals and random drug and alcohol testing. Fraud Statement Council has zero tolerance towards fraudulent and corrupt conduct and is committed to the prevention and detection of these activities, and to high standards when dealing with breaches and wrongdoing. Human Rights Western Downs Regional Council is committed to protecting and promoting human rights and to building a culture within Council that respects and promotes human rights and as such will respect, protect and promote human rights in our decision making and actions. Risk Management Council creates an environment where all staff will be aware of and take responsibility for, managing risk. Further Information Additional information can be obtained by contacting Peter Greet, Customer Support & Governance Manager, on 4679 4217 or via email: ****** Expressions of Interest close at 5.00pm AEST on Thursday the 25th of April 2024. [ View The Position Description (376.15KB) ] [ Preview The Position Requirements ] Note: Candidates using mobile devices are strongly advised to use a desktop computer to complete the application forms as they require extensive amounts of typing.
