Department for International Trade; Audit and Risk Assurance Committee Independent Member.
|Body:||Department For International Trade|
|Appointing Department:||Department for International Trade|
|Sector:||Business, Finance & Skills|
|Location:||London (reasonable adjustments will be taken into consideration where appropriate and video conferencing will be put in place if/as required)|
|Skills required:||Accountancy, Audit and Risk, Business / Commercial|
|Number of Vacancies:||1|
|Remuneration:||£5,000 per annum|
|Time Requirements:||Approximately 12-15 days per annum, including at least 5 Audit and Risk Assurance Committee meetings per annum.|
This is not a ministerial appointment.
Closed for Applications
Final Interview Date
Please note sift and interview dates are subject to change based on panel availability. We will notify candidates asap if changes do take place. We will provide reasonable notice (if needed) to candidates invited to interview stage.
The Department for International Trade is offering a rewarding opportunity for an experienced finance reporting expert to join its Audit and Risk Assurance Committee (ARAC). This is an exciting time to join the Department for International Trade (DIT). Our aim is to promote British trade and investment across the world which is vital for the prosperity of the UK. DIT brings together policy, promotion, and financial expertise to break down barriers to trade and investment in markets across the world to help businesses succeed. We particularly encourage applications from women, disabled and Black Asian and Minority Ethnic candidates.
The time commitment for the role is approximately 12-15 days per annum, including at least 5 Audit and Risk Assurance Committee meetings per annum. Meeting are normally held in London or carried out remotely. Please note the Length of tenure for this post is three years.
What is the ARAC?
The Audit and Risk Assurance Committee is a subcommittee of DIT’s Departmental Board and is charged with ensuring that the DIT Departmental Board and the DIT Accounting Officer gain the assurance they need on governance, risk management, the control environment and on the integrity of the financial statements. The remit also covers other important elements of the Annual Report and Accounts (please see link to the DIT latest Annual Report and Accounts https://www.gov.uk/government/publications/department-for-international-trade-annual-report-and-accounts-2019-to-2020 You can find out more detailed information by reading the Audit and Risk Assurance Committee handbook please see link to access Handbook https://www.gov.uk/government/publications/audit-committee-handbook
The current composition of the ARAC consists of the following five independent members including the Chair:
- Dominic Johnson – Departmental Non-Executive Board Member (NEBM) and ARAC Chair
- Sir Stephen O’Brien – NEBM+ Independent ARAC Member
- Jos Creese – Independent ARAC Member
- Hanif Barma – Independent ARAC Member
- Chris Jenkins – Independent ARAC Member (tenure expires on 31 July 2021)
Members work closely to advise the Secretary of State, Accounting Officer and Departmental Board members on governance, risk management, integrity of the financial statements and the control environment in meeting the Board’s and Accounting Officer’s assurance needs. The ARAC also works closely with Government Internal Audit Agency and National Audit Office.
For more information on members please visit the https://www.gov.uk/government/organisations/department-for-international-trade/about/our-governance
For more information on management teams for GIAA and NAO please visit the https://www.gov.uk/government/organisations/government-internal-audit-agency https://www.nao.org.uk/about-us/our-work/governance-of-the-nao/
What skills and experience are we looking for?
In addition to the ARAC responsibilities above the successful candidate will be expected to have specific responsibilities in leading on financial reporting advice for the ARAC, in relation to the Annual Report and Accounts and liaison with the yearend accounts and external audit processes.
The successful candidate should have a professional accounting qualification e.g., ICAEW, IIA, CIPFA etc and experience and provide evidence of the following essentials when applying for the role.
- Financial reporting, including experience in reviewing reliability and integrity of related assurance process for the Annual Report and Accounts; and
- External Audit
- The ability to contribute and inspire confidence and to provide independent challenge, scrutiny and support to a wide range of stakeholders both in formal environments (such as Committee meetings) and in less formal environments (such as one to one meetings with Departmental Non-Executives and Senior Officials)
- An understanding of the key challenges faced by the public sector and the ability to bring their experience to bear on these challenges
- Sound judgement and a high level of integrity (including when dealing with confidential or sensitive issues)
- Genuine interest in contributing to the effective running of the Department
Before the start date, the successful candidate will be offered induction training and an induction pack and an opportunity to shadow the existing financial reporting expert of the ARAC before their tenure expires.
The candidate will also be offered full support from the DIT Secretariat team to get up to speed with the ARAC and will be supported with briefing for ARAC, Board and informal meetings with officials across the Department and wider Government.
Important information to consider
The successful candidate will be required to undertake security checks in line with the Civil Service guidelines, which we would envisage to be at SC (Security Check) level. For more information regarding security clearance please see the UK National security vetting: advice for vetting subjects.
Due diligence will be carried out at the shortlisting stage, which will include requests for references and background checks.
How to Apply
The Department for International Trade embraces and values diversity in all forms. We welcome and pride ourselves on the positive impact diversity has on the work we do, and we promote equality of opportunity throughout the organisation. To make an application please email us your CV, covering letter, Candidate Declaration form and Diversity monitoring form (attached below) and send to
*Applications must be received by midnight on 16 May 2021
Guidance on CV Format
Please ensure you CV includes:
- Your full name, title, contact number and your personal email address
- Maximum two sides A4, minimum 11 Arial black font, setting out your career history in chronological order, and including the dates you occupied these roles.
Guidance on Cover Letter Format
- The supporting letter is your opportunity to demonstrate to the Advisory Assessment Panel how you can demonstrate the skills and experience outlined above
- Please provide subheading and separate paragraphs in relation to how your meet each criterion.
- Write all acronyms in full when first used.
- Ensure your full name and the title of the post are clearly noted at the top of your letter.
- The maximum page limit for your letter is two sides A4, minimum 11 Arial black font
Candidate Declaration Form
It is a requirement of the appointments process that we ask interested applicants to declare the below activity as part of our due diligence. These comprise:
- Declaration of: conflicts of interest or perceived conflicts of interest; previous conduct which could bring the reputation of the Department into disrepute; political activity;
- Requests for references;
As such, please complete and return the attached Candidate Declaration Form as part of your application.
Please note, this form will be shared with the Panel as part of your application. We will only contact the referees of candidates invited to interview and will also carry out the following searches; financial probity, public statements, and publicly available social media profiles on all candidates invited to interview.
Diversity Monitoring Form
- The Department for International Trade embraces and values diversity in all forms. We are inclusive and welcome and value applicants from all BAME backgrounds, disabilities, gender identity, sexual orientation, ages, faiths or beliefs or any equality characteristics
- We are committed to recruiting public appointees that reflect the diverse communities we serve. To do this we ask candidates to fill out a diversity monitoring form which is signposted below at the end of this information page. The information you provide will help support us ensure that our recruitment processes are fair to all and allow us to attract diverse and talented candidates.
- Diversity monitoring information will not be seen by the Advisory Assessment Panel assessing your application. Please note that your personal details will not be shared with the panel. However, you should note that political activity detailed in this form will be provided separately to the panel and may, if appropriate, be discussed with you during your interview.
The Department for International Trade is committed to providing equality of opportunity for all candidates during the selection process, so that appointments are selected from the widest pool of talent available.
We are signed up to the disability confidence scheme and as part of that commitment is that we guarantee an interview to any candidate who:
- has disclosed a disability as defined under the Equality Act 2010 (see definition below); and
- meets the essential criteria for the post(s) in question, as set out in the role advertisement.
The Equality Act 2010 defines a person as disabled if they have a physical or mental impairment and the impairment has a substantial and long-term adverse effect on their ability to carry out normal day to day activities.
If you wish to apply under the disability confident scheme, please complete the disability confidence form and return it with your application.
All applications will be acknowledged by email after the closing date.
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This post is NOT regulated by The Commissioner for Public Appointments.