The Huron-Superior Catholic District School Board seeks a voluntary community member to serve on the Audit Committee.
The Huron-Superior Catholic District School Board (HSCDSB) is seeking a community member with financial expertise and business knowledge to serve on its Audit Committee for a three-year term effective October 7, 2024.
The Audit Committee is comprised of three (3) Trustees and two (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 four (4) times a year, plus ad hoc meetings as required. A formal training course will be provided to all committee members to clarify roles and responsibilities of audit committees for the school board sector.
Responsibilities of the Committee include:
• Receiving, commenting upon and recommending for Board approval the report of the External Auditors of the Huron-Superior Catholic District School Board.
• Receiving advice from the Regional Internal Audit Team which has responsibility for several District School Boards including the Huron-Superior Catholic District School Board and commenting upon the finding of the Regional Internal Audit Team.
• Receiving reports from the staff of the Business Services Department of the HSCDSB and commenting on this information.
• Based on information received from HSCDSB staff, assessing the risk situation of the HSCDSB and recommending strategies for mitigating that risk.
Audit Committee Member Profile:
Fundamental to the role is an understanding of how to manage risk in a large, complex, public-sector organization. The individual should be well grounded in the principles of governance and should appreciate the role of the Committee as being advisory to management and to the Board. We seek an experienced individual who is motivated to provide helpful financial and risk management advice to the HSCDSB as it strives to achieve its mission and vision for Catholic education. Some combination of governance experience, risk management experience, a financial or legal background is required. The HSCDSB is seeking a variety of backgrounds and perspectives among Committee members.
Candidate Eligibility:
• Applicants must demonstrate experience in 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 by 4:00 p.m. on Friday September 27, 2024, to:
Business Services Department
Huron-Superior Catholic District School Board
E-mail: Businessadmin@hscdsb.on.ca
Candidates who are short-listed may be requested to attend a private discussion with representatives of the HSCDSB. For information about the Huron-Superior Catholic District School Board, please visit https www.hscdsb.on.ca
THIS BOARD IS AN EQUAL OPPORTUNITY EMPLOYER
In compliance with the Ontario with Disabilities Act and the Ontario Human Rights Code, the Huron-Superior Catholic District School Board is committed to providing accommodations to persons with disabilities. The Board will take into account the person’s ability to access information and will provide the information contained in Board-produced public documents in a format that meets those needs as agreed upon with the person. Please contact the Human Resources Department at 705-945-5610 prior to the posting closing date so that appropriate arrangement can be made.
