Audit and Risk Assurance Committee Member (Apr/19/01)

Location UK / Belfast

Job Type Contract

Salary See description

Updated 9 hours ago

Reference 1403654

 Job Description

Excellent opportunity for a Audit and Risk Assurance Committee Member

AUDIT AND RISK ASSURANCE COMMITTEE MEMBER (Apr/19/01)

The role of the Audit and Risk Committee is to advise the Commissioner (acting as Accounting Officer and Board) by reviewing the comprehensiveness and reliability of assurance on governance, risk management, the control environment and the integrity of financial statements and the annual report.

Post: Member of the Audit and Risk Assurance Committee

Tenure:3 years from date of appointment

Commitment: Minimum of 4 meetings per year

Fees: Members: £270 per meeting (inc. preparation, report writing, etc)

(Additional allowances for travel related expenses)

Introduction:

The Northern Ireland Commissioner for Children and Young People (NICCY) was established under the Commissioner for Children and Young People (Northern Ireland) Order 2003, to safeguard and promote and promote the rights and best interests of children and young people in Northern Ireland.

The Accounting Officer of The Commissioner for Children and Young People for Northern Ireland, the Commissioner, hereby resolves to establish a Committee of the Board to be known as the Audit and Risk Assurance Committee.  This Committee will operate in accordance with the principles enshrined within “Managing Public Money Northern Ireland”. 

The Role of the Audit and Risk Committee is to advise the Commissioner (acting as Accounting Officer and Board) by reviewing the comprehensiveness and reliability of assurance on governance, risk management, the control environment and the integrity of financial statements and the annual report.

Responsibilities of Members:

Members should attend meetings as scheduled and operate within the Terms of Reference of the Audit and Risk Assurance Committee.

Duties of Members:

1.Internal Control and Risk Management

  • Members of the Committee shall review the establishment and maintenance of effective systems of internal control and risk management.
  • In particular, the Committee will review the adequacy of:
  • All risk and control-related disclosure statements, together with any accompanying Internal Audit statement, prior to endorsement by the Commissioner;
  • The structures, processes and responsibilities for identifying and managing key risks facing the organisation;
  • The policies for ensuring that there is compliance with relevant regulatory, legal and code of conduct requirements as set out in the Governance Controls Assurance Standards and other relevant guidance;
  • The operational effectiveness of policies and procedures;

2.Internal Audit

To consider the appointment of the internal audit service, the audit fee and any questions of resignation and dismissal:

  • To review the internal audit programme, consider the major findings of internal audit investigations (and management’s response), and ensure co-ordination between the Internal and External Auditors; and
  • To ensure that the Internal Audit function is adequately resourced and has appropriate standing within the organisation.

3.External Audit

  • Discuss with the External Auditor, before the audit commences, the nature and scope of the audit, and ensure coordination, as appropriate; and
  • Review External Audit reports, including value for money reports and annual audit letters, together with the management response.

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NICCY is an Equal Opportunities employer.

The closing date for the advert will be 12 Noon on Friday 19th April 2019.

Applications will not be accepted after this time.