Valuation Office Agency Non-Executive Member The Audit and Risk Assurance Committee

Body: Valuation Office Agency
Appointing Department: HM Revenue & Customs
Sectors: Business, Finance & Skills, Charity & Public Sector
Location: 10 South Colonnade, Canary Wharf, London ,E14 4PU
Skills required: Audit and Risk, Business / Commercial, Change Management
Number of Vacancies: 1
Remuneration: £3,500 gross per annum payable in arrears.
Time Requirements: The Audit and Risk Assurance Committee normally meets five times a year, with a shorter meeting focussing specifically on aspects of the draft accounts. The core expected time commitment is a minimum 8 days per annum.

This is not a ministerial appointment.

Campaign Timeline

  • Competition Launched

    07/01/2019

  • Closed for Applications

    03/02/2019

  • Panel Sift

    13/02/2019

  • Final Interview Date

    w/c 25/02/2019

  • Announcement

    Expected w/c 11/03/2019

 

Assessment Panel

Vacancy Description

Valuation Office Agency (VOA) 

The Valuation Office Agency (VOA) is an executive agency of HMRC with circa 3,500 staff. We are the public sector’s property valuation experts and advisers, helping people and businesses to pay the right property taxes and to receive targeted financial support.

Our work covers the following core areas:

  • Valuing nearly 2 million non-domestic properties for business rates, underpinning around £24bn of revenue collected by local authorities in England and Wales.
  • Assessing Council Tax bands for approximately 25 million domestic properties, enabling the collection of approximately £27 billion in Council Tax across England and Wales.
  • Providing valuations to support taxes administered by HMRC, and providing the Department for Work and Pensions (DWP) with valuations to support the administration of benefits.
  • Determining Local Housing Allowance rates and maintaining a register of fair rents, setting the maximum that can be charged for regulated tenancies in England.
  • Advising local authorities of the maximum subsidy level payable for Housing Benefit claims under the local reference rent system.
  • Providing valuations and surveying services to a range of other public sector bodies.

The Audit & Risk Assurance Committee

The Audit & Risk Assurance Committee is a sub-committee of the VOA Board and plays a crucial role in providing assurance to the Board and Chief Executive, who is the Agency’s Accounting Officer, on the integrity of the financial statements, and the comprehensiveness and reliability of assurances across VOA; including on governance, risk management and the control environment.

The Committee is currently constituted of two VOA Non-Executive Board Members and one Committee Non-Executive Member. Standing attendees at Committee meetings include the Chief Executive, Chief Finance Officer, Finance Director, Head of Governance, Risk and Performance, HMRC Internal Audit representatives, representatives from the National Audit Office and our sponsor department HMRC’s ARAC Chair.

The Audit & Risk Assurance Committee business

The Committee meets throughout the year with a concentration of meetings in the April-July period to review and consider the Annual Report and Accounts (ARA) as these are developed. Committee meetings usually last for 4 hours and members can expect to spend at least the equivalent time in preparation for each meeting; follow up actions are often required. The Committee also oversees a broad portfolio including reviews of risk management processes, takes reports from internal and external audit; considers governance arrangements; and monitors recommendations for improved controls.

The Audit and Risk Assurance Committee Members

The Audit & Risk Assurance Committee Non-Executives are responsible to the Committee Chair who in turn reports to the VOA Board and to the Lead Non-Executive Director who chairs the Board and is also responsible for leading and directing the Non-Executive Director cadre.

He or she will use their skills and personal experience to contribute to the work of the Audit and Risk Assurance Committee and thus to the VOA Board. With other members of the Audit and Risk Assurance Committee, you will be responsible for advising the Accounting Officer and the Board on, inter alia:

  • The strategic processes for risk, control and governance and the preparation of the Governance Statement including its coverage of the Audit & Risk Assurance Committee’s work.
  • The accounting policies, the accounts, and the annual report of the organisation, including the process for review of the accounts prior to submission for audit, levels of error identified and management’s letter of representation to the external auditors.
  • The planned activity and results of both internal and external audit.
  • Adequacy of management response to issues identified by audit activity, including external audit’s management letter.
  • Assurances relating to the management of risk and corporate governance requirements for the Agency.
  • Anti-fraud policies, whistle-blowing processes and arrangements for special investigations.

Committee members may be asked to draw upon their expertise and provide advice and guidance on specific finance, risk or control matters outside of meetings.

Person Specification

We welcome interest from individuals with a wide range of experiences and diverse backgrounds, and are seeking a candidate who has recent and relevant experience of managing risk and controls in complex delivery environments. Experience of change management and IT would also be beneficial.

The recommended candidate will be subject to security checks.

Professional Skills and Experience

The Audit and Risk Assurance Committee Non-Executive Member should demonstrate the following criteria:

  • Experience of working with Audit and Risk Committees (either as a member or as an attendee) in an organisation of substantial size.
  • Have an excellent understanding of current approaches to risk management, internal control and corporate governance.
  • Experience of dealing with internal and external audit.
  • Ability to think logically and objectively in analysing complex financial information in order to identify key issues/implications, make balanced judgments and effective decisions
  • Able to work well as part of a diverse team and to take collective responsibility for decisions.

Experience of change management (in complex organisations) and/or IT would be desirable.

All candidates are expected to adhere to the Nolan principles of public life.

https://www.gov.uk/government/publications/the-7-principles-of-public-life/the-7-principles-of-public-life–2

 

How to Apply

Please email the following documents to: Secretariat@voa.gsi.gov.uk indicating in the subject line the role you are applying for. Only complete applications will be accepted.

 

  • A copy of your CV, in no more than two sides of A4
  • A personal statement providing evidence against the role criteria

Supplementary forms (includes potential conflicts of interest, note of current public appointments, names and contacts details of two referees who will be contacted if you are shortlisted for interview, political activity declaration form, equal opportunities monitoring form and the Guaranteed Interview Scheme declaration, if relevant.)

Attachments
CONFLICTS OF INTEREST AND PREVIOUS CONDUCT

This post is NOT regulated by The Commissioner for Public Appointments.

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