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Audit Committee – External Member Vacancy

The Toronto District School Board is seeking one community member with financial expertise and business knowledge to serve on its audit committee for a three-year term effective 31 January 2018.

The audit committee will be comprised of four Trustees and three independent members drawn from the community at large. The primary role of the audit committee is to assist the Board of Trustees in fulfilling its duties related to governance and oversight. The duties of the audit committee fall under the following key areas: the financial reporting process, internal control framework, risk management practices, performance and function of the board’s internal and external auditors and the board’s compliance with its obligations under legislation. The Committee meets at least four times a year, plus ad hoc meetings as required. A formal training course will be provided to all committee members to clarify roles and responsibilities of audit committees for the school board sector.

Candidate Eligibility:
  • Applicants must demonstrate experience in accounting, senior financial management or other relevant business experience to understand public sector accounting and auditing standards.
  • The applicant must not be a current employee or officer of the board or of any other district school board or school authority.
  • The applicant must not have a parent, child or spouse currently employed by the board.

Submission of Applications:
Suitably qualified candidates interested in serving on the audit committee are invited to submit a letter of interest and resume by 4:00 p.m. on 2 November 2017 to:

Carlene Jackson, Associate Director, Operations and Service Excellence
Toronto District School Board
5050 Yonge Street, 5th Floor
Toronto, ON M2N 5N8

Candidates who are short-listed may be requested to attend a private interview conducted by the Audit Committee’s Selection Committee.

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