Energy Safe Victoria - Audit and Risk Committee Member

Who we are?

Energy Safe Victoria (ESV) makes a valuable contribution to the safety of the Victorian community through the regulation of the electricity and gas industries, the licensing of electricians and maintaining public and industry awareness of electrical and gas safety.

About the Committee

The Audit and Risk Committee (ARC) acts independently from ESV's management. It has the responsibility to review and provide oversight of ESV's risk appetite and risk culture to ensure it is consistent with the expectations of ESV's responsible body.

ARC members will review and assess the effectiveness of ESV's systems and controls for risk management, including financial management, performance and sustainability.

Committee meetings will be held at least four times annually, and a special meeting may be held to review ESV's annual financial statements. The anticipated work involvement in addition to attendance at the four meetings is four to six days per annum. Meetings will typically be held at a Melbourne-based location, and may also be held virtually. Energy Safe Victoria will provide secretariat services for the Audit and Risk Committee.

Energy Safe Victoria is seeking expressions of interest for its Audit and Risk Committee (the ARC). We are seeking a member to be appointed for a term up to three years, to join the committee currently made up of four independent members.

The Audit and Risk Committee is established under the Standing Directions 2018 made under the Financial Management Act 1994 (FMA). The Committee’s responsibilities are consistent with Standing Direction 3.2.1.1.

Join a committee of like-minded people with generis knowledge, skills and experience. The new Committee member will have skills in audit and risk management, and we are particularly interested in someone who may compliment the skills of the existing membership bringing experience in Information Security and Information Management.

ARC members review and assess the effectiveness of ESV’s systems and controls for risk management, including financial management, performance and sustainability.

Responsibilities:

• Assist ESV in achieving effective governance and accountability, regarding financial and risk management.
• Independently review and assess the effectiveness of the Agency’s systems and controls for financial management, performance and sustainability, including risk management.
• Independently assess the financial statements for completeness, consistency and conformity with accounting standards.
• Review and make recommendations to the Commission in regards to whether the information on ESV’s operations on financial management, performance and sustainability ‘presents fairly’.
• Report to Commission’s Chairperson any significant matter that may impact on ESV operations.
• Consider all audit recommendations, specifically those relating to financial management, performance and sustainability.
• Routinely assess the actions taken by ESV to address these recommendations.

Essential

• Knowledge or experience of audit and auditing practices
• Prior experience and/or exposure in risk management
• Knowledge of corporate governance requirements.
• Prior experience in Information Security and Information Management in the public sector
• Ability to challenge rigorously and debate constructively.
• Strong communication and inter-personal skills.
• Ability to analyse and weigh up complex information and reach a decision.

Desirable

• An understanding of current cyber-security standards and reporting requirements, particularly those relating to public sector entities.
• Knowledge or experience of health and safety.

Applicants with further enquiries about the role, the committee and its’ membership or those with difficulties in accessing the documents should contact Sladjana Spasojevic (Sladjana.Spasojevic@energysafe.vic.gov.au).

Expressions of interest close midnight Sunday 7 May 2023. The following documents should be submitted online in support of your application:

• Curriculum vitae
• One page cover letter, addressing relevant skills, experience and suitability for this position.

The Victorian Government is committed to ensuring the diversity of our boards and committees represents the diversity of our communities. Women, Aboriginal and Torres Strait Islander peoples, people with a disability, young people, people from culturally and linguistically diverse backgrounds and lesbian, gay, bisexual, trans, gender diverse and intersex people are encouraged to apply.