Defence Audit and Risk Assurance Committee (DARAC) Non-Executive Director - Member
|Body:||Defence Audit and Risk Assurance Committee (DARAC)|
|Appointing Department:||Ministry of Defence|
|Sectors:||Business, Finance & Skills, Defence|
|Skills required:||Accountancy, Audit and Risk, Business / Commercial, IT / Digital|
|Number of Vacancies:||2|
|Remuneration:||Daily rate of £750 for up to 20 days per annum (max £15,000)|
|Time Requirements:||7 meetings per year|
This is not a ministerial appointment.
Closed for Applications
Final Interview Date
MOD Second Permanent Secretary • Other Panel Member
Lead Agency Non-Executive Director • Independent Member
MOD Departmental Non-Executive Director • Representative of Organisation
This is an exciting time to join the Ministry of Defence. We are looking to appoint two individuals with commitment and expertise to become Non-Executive Directors on the Defence Audit and Risk Assurance Committee.
The Defence Audit & Risk Assurance Committee (DARAC) is a sub-committee of the Defence Board. It supports the Board and the Permanent Secretary as the Accounting Officer, in their responsibilities for risk control and governance by reviewing the comprehensiveness, reliability and integrity of the MOD’s risk and assurance framework.
Its responsibilities are to advise the Defence Board and Accounting Officer on:
- the integrity and reliability of the risk and assurance frameworks;
- issues raised by assurance providers, including Defence Internal Audit (DIA), National Audit Office (NAO) and TLB audit committees;
- the effectiveness of TLB audit committees;
- the content of the Governance Statement, including recommendations on individual control issues to highlight;
- the accounting policies, the accounts and the annual report of the Department, including the process for the review of the accounts prior to submission for audit, levels of error identified, and management’s letter of representation to the external auditors;
- planned activity and results of DIA, and adequacy of management response to issue raised by both DIA and NAO; and
- effectiveness on anti-fraud policies, whistle-blowing processes and arrangements for special investigations.
As a DARAC NED, you will form part of a team of four providing independent scrutiny for the department, supporting the MOD in maintaining good governance and advise on policy matters and cross-government initiatives.
The DARAC will meet up to seven times per year and with a stimulating schedule of objectives going forward we are looking for a subject matter expert to provide equitable scrutiny and challenge. Your input will influence the way we do business and help the MOD achieve its organisational aims. See Annex C for full Terms of Reference for the DARAC.
All candidates must demonstrate, in their CV and supporting letter, how they meet the following criteria, through their knowledge, attributes and skills.
Candidates must demonstrate the following essential criteria.
- Experience in financial management. A firm understanding of accounting standards and how to apply them in a public or private sector organisation;
- Risk management experience;
- Knowledge and experience of delivery of challenging internal control systems and corporate governance processes;
- experience as Member, of an audit committee for large organisations in either the public or private commercial sector;
- a relevant professional qualification; (assessed for one of the roles only)
- have relevant and suitable qualifications relating to the conduct of audit activity; (assessed for one of the roles only)
- Private sector experience of working on large and complex commercial or digital and technology programmes;
- outstanding leadership, teamwork, listening and influencing skills;
- sound judgement and a high level of integrity (including when dealing with classified, confidential, or sensitive issues); and
- genuine interest in contributing to the effective running of the Department at the board level, elsewhere in the Department and (as appropriate) across government.
The following criteria are also desirable:
- Experience in the digital and technology sector, preferably with experience of delivering large scale transformation initiatives.
- Experience of working in a regulatory environment.
How to Apply
To apply please read the attached Candidate Information pack then submit the following documents by email to DBSCivPers-ResPublicAppts@mod.gov.uk FAO of Jennifer Parsons quoting reference number 51288.
- Expression of Interest form
- Diversity Monitoring Form
- Current CV
|51288_DARAC_NED_Expression of Interest Form|
|51288_DARAC_NED_Diversity Monitoring Form|
|51288_DARAC_NED_Disability Confident Scheme Declaration|
This post is NOT regulated by The Commissioner for Public Appointments.