EOI Audit, Risk and Improvement Committee

Overview Kiama Municipal Council is seeking nominations from suitably qualified independent members to join its Audit, Risk and Improvement Committee (ARIC). Council is looking for two independent members for the committee, including an independent Chair who will fulfil both the Chair and committee member responsibilities. About The ARIC provides independent assurance and advice to Council on governance, risk management, internal controls, compliance, financial management, audit and organisational improvement. The ARIC meets at least five times per year. Role Requirements Independence and Eligibility Independent Members must meet the independence and eligibility requirements set out in the NSW Office of Local Government Guidelines, November 2023 (see pp. 20 to 23 for full detail). In summary, applicants must: Be independent and free from any real or perceived conflicts of interest Not be a current councillor, staff member, recent employee, or service provider Demonstrate the ability to exercise independent judgement and constructively challenge management Demonstrate understanding of Council's risk profile and required oversight Be able to read and understand financial statements Have capacity to commit the time required for meetings and preparation Additional Requirements, Chair In addition to the above, applicants seeking appointment as Independent Chair must demonstrate: Strong leadership capability and experience chairing committees or boards Ability to facilitate effective working relationships in a shared governance environment Confidence communicating complex or sensitive matters tactfully Senior-level governance experience and sound understanding of risk management and internal audit oversight The Chair is responsible for leading meetings, guiding the work program, liaising with Executive Officers, and ensuring the Committee operates in accordance with the ARIC Charter. Skills and Experience Applicants with practical experience in one or more of the following areas are sought: Financial management, accounting or financial reporting Risk management and internal controls Internal or external audit Governance, compliance or performance oversight Business operations in a public sector or comparable environment Applicants should demonstrate the ability to: Analyse financial and risk information Apply sound governance principles Ask informed and constructive questions Provide independent, objective advice Professional qualifications (for example, CA, CPA, CIA, IIA, GAICD or similar) are desirable but not mandatory. Council is committed to ensuring diversity in committee membership, including gender balance, cultural and age diversity. Enquiries For more information, contact Kimberley Norton: Kimberley.norton@kiama.nsw.gov.au