Audit Committee Chair

3 weeks ago


Portsmouth, Portsmouth, United Kingdom Southern Coop Full time
Key Responsibilities:

As the Independent Chair of Audit and Risk Committee, you will lead the committee in reviewing the effectiveness of Southern Co-op's internal controls and risk management systems. You will also oversee the internal and external audit arrangements, ensuring that the committee meets with the internal and external auditors independently of management at least once a year.

Key Skills and Qualifications:

You will be a qualified accountant or have substantial financial experience gained from non-competing but complementary business. You will be independent of Southern Co-op and have the ability to promote the highest standards of corporate governance. The role is a three-year fixed term, capable of renewal at the board's discretion, and requires approximately 8-10 days of work per year.

About the Role:

This is an exciting opportunity to join Southern Co-op's board of directors as the Independent Chair of Audit and Risk Committee. You will be responsible for creating an environment where committee members feel supported, empowered, and enabled to carry out their role. You will work closely with the Society Secretary to set the agenda for the committee and ensure that the committee meets with the internal and external auditors independently of management at least once a year. You will also be responsible for identifying and meeting the development needs of members of the Audit and Risk Committee, including an induction programme for new members. The role requires a strong understanding of corporate governance and the ability to promote the highest standards of governance within Southern Co-op.
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