Join the Futures Audit Committee
Futures Advice, Skills and Employment are currently looking for a new independent member to join its Audit Committee for an initial three-year term.
The Audit Committee is a key component of the company’s corporate governance arrangements. The Committee provides assurance and high-level focus on risk management, financial controls, annual accounts, and the work of internal and external audit.
The independent member will serve a term of three years, subject to approval of the Board. As an independent member you will be required to sign an undertaking to abide by a Code of Conduct for Members, which sets out standards of behaviour expected from all members. Additionally, you will be required to complete a Register of Interests form on an annual basis.
The estimated time commitment required to undertake the role will vary, on average it would involve attendance at 3 or 4 daytime meetings (lasting approx. 2-3 hours) a year and associated reading of the prepared papers.
The Audit Committee is responsible for promoting excellence in risk management, financial reporting, and financial controls.
You will need to:
- Engage fully in collective consideration of the issues before the Committee, considering a full range of relevant factors;
- Participate fully in the discharge of all the Committee’s functions, as set out in the Committee’s terms of reference and the constitution;
- Promote the concept of proportionate, risk management and internal control throughout the organisation; and to champion the work of Internal Audit, External Audit and Risk Management;
- Participate in periodic review of the overall effectiveness of the Audit Committee, and of its terms of reference.
Suitable applicants will be able to demonstrate the following qualities and characteristics:
- Up to date knowledge, skill, and a depth of experience in any of the of fields of IT, HR, risk management or performance management;
- Effective role model; supports appropriate behaviours and challenges opinions and advice where appropriate, separating major issues from minor ones.
Independent members should not:
- Be active in local or national politics;
- Be a member of a political party or pressure group;
- Have had significant previous dealings with the Council which compromise their impartiality;
- Have a close relationship with any Member or Officer of the Council.
Provide a one-sided expression of interest to Kerry Wilson, Corporate Governance Manager: email@example.com