YRDSB Seeks One Volunteer Community Member to Serve on Audit Committee

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Application Deadline: 4:00 p.m., March 8, 2024.

The York Region District School Board is seeking one community member with financial expertise and business knowledge to serve on its audit committee for a three-year term effective September 13, 2024. 

The audit committee is comprised of three trustees and two 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. 

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 compliance with its obligations under legislation

The committee meets at least three times a year, plus ad hoc meetings as required per Ontario reg. 361/10 Audit Committees

Induction training material is available on-line to all committee members to clarify roles and responsibilities of audit committees for the school board sector.

 

Candidate Eligibility

Applicants must be a York Region resident and have an accounting designation, as well as sufficient accounting and senior financial management expertise 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, March 8, 2024 to: 

          Janna Lagaev, Comptroller, Accounting and Financial Services 

          York Region District School Board

          Email address: finance.services@yrdsb.ca 

Only candidates who are short-listed will be contacted and requested to attend a private interview. All other applicants are thanked for their interest.

 

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