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Independent audit commitee lay member

Truro
Freelance
Cornwall Council
€1,682 a month
Posted: 12 June
Offer description

Overview

Cornwall Council is seeking to recruit an independent member of its Audit Committee. An annual allowance of £1,682.44 and travel and subsistence expenses are payable for this role.


Qualifications

Applications are invited from individuals with professional experience of a large organisation, preferably either as a senior manager or a member of another audit committee. Ideally, you will have held strategic/financial management responsibilities. You appreciate the importance of accountability in public life and have the ability to understand complex issues and make objective, evidence-based decisions. Strong interpersonal and communication skills are essential as is a strong understanding of corporate governance.


Responsibilities

The role of the audit committee is to provide independent assurance to the Council regarding the adequacy and effectiveness of the Council’s governance, internal control and risk management arrangements and to oversee the statutory financial reporting process. This assurance is primarily informed by the consideration of the work of the Council’s internal and external auditors. The Audit Committee meets four times a year and on an ‘exception’ basis as required.

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