Audit & Risk Committee Members Wanted
Tender ID: 574974
Tender Details
Tender Description
Are you a leader with expertise in financial oversight, governance, and risk management? Alexandrina Council is seeking a highly experienced individual to serve as an Independent Member of our Audit and Risk Committee. This role includes the opportunity for appointment as Chairperson based on your experience and interest. The Chairperson role involves leading the Committee’s activities and supporting governance, financial accountability, and transparency between Council, management, and the community.
About Council
The Alexandrina region is a vibrant area uniquely situated on the picturesque Fleurieu Peninsula at the end of the River Murray and serves as a gateway to the iconic Coorong. Located just 85km south of Adelaide, the region offers a mix of thriving coastal towns, rural landscapes, and a strong sense of community.
Alexandrina Council serves a population of over 30,000 across a district spanning 1,827 square kilometres. We deliver a broad range of services to residents and visitors, including operating the third-largest Community Waste Management System in South Australia. We’re focusing our attention to financial sustainability through appropriate long-term planning, revenue generation and ensuring the value for money of our services and assets.
About the Audit and Risk Committee
The Audit and Risk Committee plays a crucial role in enhancing the efficiency and effectiveness of Alexandrina Council’s resource utilisation. Our committee provides independent assurance and expert advice on Council matters such as accounting, financial management, internal controls, risk management, and governance. Operating independently from management, it offers valuable insights to support informed Council decision-making, as outlined in its terms of reference. The committee meets a minimum of four times a year to fulfil its responsibilities.
Position: Independent Member – Audit and Risk Committee
Term: Up to 4 years from the date of appointment
Responsibilities
As an Independent Member, you will:
- Contribute to committee meetings in accordance with legislation, regulations, and Council policies.
- Actively participate in discussions, provide insights, and collaborate to ensure responsible financial management, governance and risk management.
- Collaborate with the external auditor and provide oversight of internal audit activities.
- Review strategic management plans and provide recommendations for improvement to Council.
Chairperson Role (if applicable):
- Oversee the orderly conduct of meetings, ensuring adherence to legislative and procedural requirements.
- Facilitate inclusive and open participation among all members during discussions.
- Liaise with Council administration to contribute in the preparation of agendas and minutes.
- Prepare written reports for Council summarising the committee's work and meeting outcomes.
- Co-sign the ‘Independence of External Audit’ certification with the CEO as part of the annual audit process.