RRDSB Seeking a Volunteer Member to Serve on the Audit Committee
The Audit Committee is comprised of two Trustees and two independent members from the community. 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:
- Financial reporting process
- Internal control framework
- Risk management practices
- Performance and function of the Board’s internal and external auditors
- Board’s compliance with its obligations under the legislation, specifically Ontario Regulation 361/10
The Committee meets at least three times a year, plus ad hoc meetings as required. Training and orientation will be provided to clarify roles and responsibilities of the Audit Committee 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.
- Applicants 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:
Qualified candidates interested in serving on the Audit Committee are invited to submit a letter of interest and resume by 4 p.m. on October 16, 2023 to:
Meghan Cox
Superintendent of Business
Rainy River District School Board
522 Second Street East
Fort Frances, Ontario P9A 1N4
Email: [email protected]
Candidates who are short-listed may be requested to attend a private interview conducted by the Audit Committee’s selection team.