The Wellington Catholic District School Board is seeking two community members with financial expertise and business knowledge to serve on its audit committee for a 3-year term, effective immediately.
The audit committee is comprised of 2 Trustees and 2 independent members drawn from the community at large. The primary role of the audit committee is to assist the board of trustees in fulfilling its duties related to governance and oversight. The duties of the audit committee fall under the following key areas: the financial reporting process, internal control framework, risk management practices, performance and function of the board’s internal and external auditors and the board’s compliance with its obligations under legislation.
The Committee meets at least 3 times a year, plus ad hoc meetings as required. Induction training material is available on-line to all committee members to clarify roles and responsibilities of audit committees for the school board sector.
Candidate Eligibility:
- Applicants must have sufficient accounting, senior financial management or other relevant business experience to understand public sector accounting and auditing standards.
- The applicant must not be a current employee or officer of the board or of any other district school board or school authority.
- The applicant must not have a parent, child or spouse currently employed by the board.
Submission of Applications
Suitably qualified candidates interested in serving on the audit committee are invited to submit a letter of interest and resume. The posting will remain open until the position is filled.
Tracy McLennan
Associate Director, Corporate Services
255 Speedvale Avenue West
Guelph, ON N1H 1C5
[email protected]