EOI - Audit, Risk & Improvement Committee (ARIC)

at  Woollahra Municipal Council

• Independent Chair $2,000 per meeting (excluding Super and GST)
• Independent Member $1,500 per meeting (excluding Super and GST)
• Part time

BACKGROUND

Woollahra Council is committed to open and transparent governance that satisfies community expectations and best practice standards.
As part of the overall governance framework, Council’s Audit, Risk & Improvement Committee (ARIC) plays an important role in strengthening risk management and corporate governance practices within Council. This is in line with the current Office of Local Government (OLG) guidelines on Audit, Risk & Improvement Committees.
Through this Expression of Interest (EOI) process, Council is seeking to appoint persons with appropriate skills for the role of an Independent Chair and Independent Member of the Audit, Risk and Improvement Committee.

ROLE AND RESPONSIBILITIES

The key role of the ARIC is to provide independent assurance, an oversight function and assistance to the General Manager and governing body of Council in the following areas:

• Compliance
• Risk Management
• Fraud control
• Governance
• Financial management
• Service reviews
• Policy development and review
• Collection of Performance Measurement data by council
• Any other matters prescribed by legislation
• Provide information to Council for the purpose of improving council’s performance of its functions
• Administrative and attendance duties associated with running the Committee

DUTIES OF MEMBERS

The duties of the members will be in accordance with the Charter of the Audit, Risk and Improvement Committee, and include:

• Attend and actively participate in meetings of the Audit, Risk and Improvement Committee. This will include working collaboratively with other members in achieving the aims of the Committee;
• Understand the relevant legislative and regulatory requirements appropriate to local government;
• Contribute the time needed to review and understand the papers provided and suggest ideas relevant to items on the meeting agenda;
• Provide well considered advice and recommendations to Council, based on objective analysis of facts that are relevant to the agenda items being considered;
• Action and follow up tasks established by the Committee.