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Board of Trustees seeks external audit committee member
Tue, 23 Jun, 2015
The Board of Trustees is seeking a finance professional to join its Audit Committee.
The committee is made up of the Board of Trustees and two external volunteer members. We're currently recruiting one external committee member to serve a 4-year term.
This opportunity will provide valuable experience in the financial oversight of Alberta's second largest school district, serving over 92,000 students with a budget of over $1 billion.
Qualifications/Background
The ideal candidate will have the following qualifications:
- designated professional accountant (required)
- experience with leadership and advisory roles
- experience and knowledge with audit standards, governance and managing complex systems
- detailed knowledge of Public Sector Accounting Standards (PSAS)
- a member of the adult learning community (preferred but not required)
Responsibilities
As a member of the Audit Committee, you'll meet at least twice a year.
The Audit Committee meets before the annual audit to:
- recommend the appointment of an external auditor to the Board of Trustees
- meet with the auditor, before the audit begins, to review the engagement letter and assure the auditor's independence from management
- review and discuss the audit plan with the auditor
The Audit Committee meets after the annual audit to:
- review the audited financial statements
- review the draft audit report and received the auditor's independence letter
- review the audit findings report and accompanying management letter
- review the auditor's assessment of the District's system of internal controls and accounting policies
- show the financial information was reviewed with due diligence and recommend whether the Board should accept the annual audit report and financial statements for forwarding to the Minister of Education
How to apply
To apply for this position, contact Joanne Adamkewicz, Executive Assistant to the Treasurer and Managing Director, Financial Services at joanne.adamkewicz@epsb.ca. Please identify any potential conflicts of interest when you apply.
The deadline for submissions is Friday, September 25, 2015. The first Audit Committee meeting for the new external member will take place in November 2015 at the Centre for Education.
