*Closes 13th May*

The Chief Accounting Officer of The Special EU Programmes Body (SEUPB) wishes to appoint a suitably qualified member as Chairperson to the SEUPB Audit and Risk Assurance Committee. The role is to lead the work of the Audit and Risk Assurance Committee in providing an independent and objective perspective on control, risk and governance arrangements to support the Chief Executive in discharging her role as Chief Accounting Officer.

  • Role: Independent Chairperson of Audit and Risk Assurance Committee

  • Duration:  3-Year Term of Appointment (with the possibility of extension)

  • Renumeration: £508 per day up to 10  days per year plus travel and subsistence. Estimated time commitment is 7-10 days

  • Closes: 0900am 13th May 2024

The Committee’s work is one of the means by which SEUPB can demonstrate to the public that its affairs are being conducted in an environment of openness, honesty and integrity.  Primary responsibility for governance rests with the Chief Executive, who will look to the Audit and Risk Assurance Committee for much of her assurance in this regard.

The Audit and Risk Assurance Committee membership comprises the Chairperson and two independent members. Attendees at the Committee meetings include representatives from Internal Audit, Audit Authority, External Audit (NIAO), Sponsor Departments (DOF and DPER) and SEUPB senior management.

Staffing responsibilities:
The post holder will have line management and developmental responsibility for 2 independent Members of The Audit and Risk Assurance Committee.

Key responsibilities:

The Independent Chair of the Audit and Risk Committee will lead the work of the committee so as to ensure the committee can advise the Accounting Officer on:

  • The strategic processes for risk, control and governance and the Statement of  Internal Control
  • The accounting policies and the Annual Financial Statements including the process for review of the accounts prior to submission for audit, levels of error identified, and management’s letter of representation to External Audit (NIAO).
  • The planned activity and results of both Internal and External Audit.
  • Adequacy of management response to issues identified by audit activity, including External Audit’s management letter
  • Assurances relating to corporate governance requirements for the organisation
  • Assurances relating to the management of the European Programmes of which SEUPB has the role of Managing Authority
  • Anti-fraud policies and whistle blowing policies
  • Arrangements for financial and performance reporting
  • The Chair will chair the meetings of the Audit and Risk Assurance Committee, will liaise with SEUPB to agree the agenda for meetings and will conduct the business of these meetings in an efficient and effective manner
  • The Chair will take the lead in ensuring that Committee members are provided with appropriate appraisal of their performance
  • The Chair will ensure that the training needs of the Committee members are identified and addressed
  • The Chair will ensure that there is a periodic review of the overall
    effectiveness of the Audit and Risk Assurance Committee and of its terms of
    reference

Essential Criteria and Qualifications:

  • Third Level Qualification ideally in an Accounting or Audit discipline
    And
  • 5 years’ experience Senior Management and/or Board level.

Experience:

  • Previous Audit and Risk Assurance Committee experience.
  • Experience of setting and driving strategy in an organisation.
  • An understanding of financial reporting and financial control.
  • Previous experience of leadership at board or committee level.
  • Understanding of the challenges facing Cross Border Bodies, Arms-Length
    Bodies/State Agencies.
  • Understanding of the challenges relating to the administration, management
    and accounting of EU funding

Download the candidate information pack:   SEUPB Chairperson Audit and Risk Candidate Booklet

To apply for the role: Apply for the Chairperson ARAC SEUPB