Scottish Canals’ search for new Audit & Risk Committee Members

Member of the Audit & Risk Committee (ARC)

Introduction

Scottish Canals are fundamental in delivering inclusive growth and economic success across the breadth of the canals in Scotland. Having recently become a Non-Departmental Public Body, we conserve canals as part of our heritage and transform them to play a vital role in Scotland today.

Scotland’s canals have a proud and rich history, having contributed to the country’s economy for over 200 years. Whilst the goods and people they once transported powered the industrial revolution, today the canals drive transformational change, through investment in regeneration and tourism, helping to tackle global issues such as health inequality and climate change. Having enjoyed a renaissance over the last few years, we are now adopting and using these working heritage assets for 21st century purposes; reimagining the ways we value, protect and enjoy our canal corridors.

Audit & Risk Committee (ARC) Independent Members

Scottish Canals is looking for two new independent members to join its Audit and Risk Committee (ARC) to complement the current skills of the Committee.

The Board of Scottish Canals has established the ARC as a Committee of the Board to support in their responsibilities for issues of risk, control and governance and associated assurance through a process of constructive challenge.

As well as being able to commit the necessary time to be an effective member of the ARC, both independent members will possess the following essential qualities:

Qualities

  • independence
  • integrity
  • capacity to dedicate sufficient time and energy
  • ability to give direct and honest opinions and add value to decision making
  • the forcefulness and tenacity to ask a direct question, insist on a straight answer and to hold candid discussions with management and external auditors
  • inquisitiveness and independent judgement
  • ability to offer different perspectives and constructive suggestions

In addition to the essential qualities, we are interested in hearing from candidates who are also able to demonstrate one or more of the following:

  • A financial background with experience of working with the Scottish Public Finance Manual (SPFM)
  • Experience and knowledge of risk and assurance
  • Experience gained in a commercial property setting
  • Experience of strategic investment

Both members must have a desire to develop knowledge of the aims and objectives of Scottish Canals and a good working knowledge of Scottish Canals’ issues, risks and controls.

Remuneration:   Remuneration will be at the rate of £240 per day together with reasonable travel and subsistence costs.

 

Time commitment:  The ARC meets at least four times each year, but additional meetings may be required from time to time. You will also be expected to undertake appropriate training and activities designed to keep you in touch with the organisation’s activities and priorities.

Appointment details:  The term of both appointments will be for up to 3 years.  Upon completion of the term, the requirements of the ARC membership will be reviewed and reassessed. Please note that Scottish Canals would like to appoint one of the new members (must have financial background) by March 2021.  The second appointment is due to join the committee during August 2021.

Location:  The meetings for Scottish Canals are normally held in Glasgow or Falkirk, but may on occasion be held elsewhere in Scotland.  Due to Covid-19 restrictions, all ARC meetings are currently being held virtually, pending further guidance from Scottish Government.

Interviews:  Owing to Covid-19 restrictions, interviews will be held virtually via Microsoft Teams.

 

Equal Opportunities:  Scottish Ministers particularly welcome applications from people with protected characteristics that are under-represented, such as women, disabled people, those from minority ethnic communities and people aged under 50.

Application Process:  Submission of a CV, no longer than two pages long.  Also, a statement outlining how you demonstrate the skills/experience required of the role (max. 500 words)  All applications should be sent to Denise Millar, Head of HR via email denise.millar@scottishcanals.co.uk.

If you would like to have a confidential discussion about the role, please contact Michelle Wailes, ARC Chair via email michelle.wailes@scottishcanals.co.uk

 

Closing date – Friday 18th December 2020 at midday

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