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Independent audit and risk committee member

Melbourne
Department Of Education
USD 15,000 - USD 20,000 a year
Posted: 21 August
Offer description

Independent Audit and Risk Committee Member

Department of Education, Victoria

The Department of Education (the department) is responsible for early childhood and school education in Victoria through the provision of a wide range of learning and development support and services. The department provides policy leadership, plans for the future of education in Victoria and leads key cross-sector collaboration. The department plays an important system steward role by providing support, guidance, oversight and assurance across early childhood and school education systems, as well as directly providing school education and early learning. For more information about our department, please visit our

website
.

Reporting to the departmental Secretary, the Audit and Risk Committee is responsible for monitoring financial reporting, financial performance and sustainability, risk management, the internal audit function, and compliance with
the Financial Management Act 1994

, laws, regulation, internal policies and industry standards (including compliance breach reporting). The Audit and Risk Committee also has an oversight responsibility for the department's external audits and reviews the status of remedial action of audit issues.

The department is seeking expressions of interest from qualified and experienced individuals to join its Audit and Risk Committee as an independent Committee member. For more details, please review the

Audit and Risk Committee Terms of reference (DOCX, 79KB)

To be considered for this crucial governance role, your expression of interest must demonstrate how your professional experience, practical knowledge or relevant lived experience aligns with the following criteria:

· Proven experience as a member of a board or committee, preferably in the government sector

· A strong understanding of the education and public sectors

· Relevant qualifications, professional memberships (e.g., Chartered Accountant or Certified Practising Accountant) and substantial experience in senior finance and governance leadership roles

· A proven track record of financial acumen, including expertise in financial statements, accounting principles, and financial reporting

· Ability to provide strategic insights into financial matters, aligning them with organisational objectives and risk management strategies

· A solid understanding of best practices and expertise in internal controls, risk management, corporate governance, integrity and compliance with a demonstrated focus on strategic solutions

· In-depth knowledge of regulatory frameworks and compliance standards, with the capacity for effective oversight of finance-related regulatory requirements.

Diversity on Victorian Government Boards and Committees

The Victorian Government is committed to ensuring the diversity of our boards and committees represents the diversity of our communities. We welcome expressions of interest from women, First Nations peoples, people with disability, young people aged between 25 and 34, people who speak a primary language other than English (LOTE), Lesbian, Gay, Bisexual, Trans and gender diverse, Intersex and Queer (LGBTIQ+), and people living in rural and regional Victoria. Diversity of skills and expertise, and the perspectives and lived experiences of people from different backgrounds, contribute to good governance on committees. To support participation, we will provide adjustments to the recruitment process upon request.

Remuneration:

$15,000 – $20,000 per annum (excl. GST)

Meeting Frequency

: A minimum of 6 meetings per year, with the potential for special meetings to be convened as required.

Term Commencement:

1 January 2026

Initial Contract Term Duration

: Three years

Meetings are held at our Melbourne offices during normal business hours, and it is expected that successful members will generally attend meetings in person.

For further information including a copy of the ARC terms of reference, please contact Nalisha Ranchod, Chief Audit Executive on

To submit an expression of interest, please email

a statement (no more than one page) highlighting relevant qualifications, knowledge and experience relevant to the position, supported by a current Curriculum Vitae (with details of 2 referees) by Tuesday, 02 September 2025.

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