Independent Member – Audit and Risk Assurance Committee (SEUPB)
*Closes 13th May*
The Chief Accounting Officer of The Special EU Programmes Body (SEUPB) wishes to appoint a suitably qualified independent member to the SEUPB Audit and Risk Assurance Committee. This role provides an independent and objective perspective on control, risk, and governance arrangements to support the Chief Executive in her role as Accounting Officer.
Role Title: Independent Member of Audit and Risk Assurance Committee
Duration: 3-Year Term of Appointment (with the possibility of extension)
Remuneration: £415 per day up to 7 days per year, plus travel and subsistence costs. Estimated commitment is 5-7 days annually.
Closes: 0900am, 13th May 2024
The Committee demonstrates to the public that SEUPB conducts its affairs with openness, honesty, and integrity. Governance responsibilities primarily rest with the Chief Executive, who relies on the Committee for assurance.
The Committee comprises the Chairperson and two independent members. Attendees include representatives from Internal Audit, Audit Authority, External Audit (NIAO), Sponsor Departments (DfE and DPER), and SEUPB senior management.
Key Responsibilities:
* Work with the Chair and members to ensure effective Committee functioning and advise the Accounting Officer on:
* The strategic processes for risk, control, and the Statement of Internal Control/Governance;
* The accounting policies and the Annual Financial Statements, including review processes prior to audit, error levels, and management’s letter to External Audit (NIAO);
* The adequacy of management responses to audit issues, including External Audit’s management letter;
* The planned activities and results of Internal and External Audit; establishing effective relationships with stakeholders in Northern Ireland and Ireland;
* Assurances regarding the management of European Programmes for which SEUPB is the Managing Authority;
* Assurances related to anti-fraud measures, whistleblowing policies, and investigations.
Essential Criteria and Qualifications:
Relevant Third Level Qualification
Experience:
* At least 3 years’ experience at Senior Management, Board, or Senior Committee level;
* Experience in implementing governance best practices, risk management, and internal control;
* Understanding of financial reporting and control.
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