BSAC seeks new Audit Committee Chair

A brand new alternative has turn out to be accessible to participate within the governance of the British Sub-Aqua Membership (BSAC), the UK Nationwide Governing Physique for scuba diving and snorkelling.

BSAC is seeking to appoint a brand new Audit Committee Chair. This requires an individual with board degree monetary expertise. If that sounds such as you and also you’re looking for a brand new problem, we wish to hear from you. 

New Phrases of Reference for the Audit Committee have been accepted by Council, and a brand new Chair and subsequently different committee members can be appointed in accordance with the phrases. 

The duties of the Audit Committee embody commenting on the appointment and on any questions of resignation or dismissal of the exterior auditors, commenting on the audit price and some other charges payable to the auditors, reporting to Council on the annual accounts, discussing the scope and nature of any audit points, and reporting on the effectiveness of inner controls and danger administration processes.

Concerning the Audit Committee Chair position

The first position of the Audit Committee chair is to guide and handle the BSAC Audit Committee to allow to ship in opposition to its Phrases of Reference. We’re in search of people with the enterprise expertise and expertise required to Chair the Audit Committee successfully.  

The position may even embody overseeing the appointment of committee members in addition to liaising with the stakeholders together with Honorary Treasurer, CEO, COO and the Auditors.

The Audit Committee Chair is anticipated to report periodically to BSAC Council on the actions and findings of the Audit Committee and is more likely to be requested to supply suggestions for enhancements to danger administration and audit processes.

Extra on the position

Who we’re in search of 

The Chair (and certainly all Committee members) might be a member of BSAC however have to be unbiased of the day-to-day actions of the Government and of Council. 

You must have confirmed expertise in senior monetary or audit roles, ideally with expertise on an Audit Committee. Additionally, you will have good data of accounting ideas, auditing requirements, and monetary laws.

Why volunteer with BSAC?

By taking over this vital place you’ll to be concerned in oversight and administration of a Nationwide Governing Physique, with alternatives for private improvement and fixing challenges referring to accountable governance.

Whereas it is a voluntary position, we cowl journey bills and supply a complete induction to make sure you’re well-prepared for the journey forward. The Audit Committee meets twice a 12 months, and the time period size of this place is for an preliminary three years.

Extra on the position

The right way to apply 

Please ship a canopy letter and your CV to Edward Haynes, BSAC Chair at [email protected] by no later than 20 November 2024.

We are going to then get in contact for an off-the-cuff chat, with interviews in the direction of the start of December. The brand new Audit Committee Chair can be appointed by the top of 2024 or early January 2025.