Chief Minister, Treasury and Economic Development Directorate ACT – Canberra ACT

Expressions of interest are invited from suitably qualified and experienced professionals to join the Chief Minister, Treasury and Economic Development Directorate (CMTEDD) Audit and Risk Committee as an Independent Member.

About CMTEDD

As the ACT Government's lead central agency, CMTEDD provides strategic leadership across the ACT Public Service (ACTPS) and works collaboratively with government, community and business stakeholders to deliver government priorities and improve outcomes for the Canberra community.

The Directorate provides policy, financial, economic and strategic advice and support to the Chief Minister, Ministers and Cabinet. It also has a key role in driving whole-of-government initiatives, strengthening public sector capability, and ensuring effective stewardship of public resources. Further information about the Directorate is available on the CMTEDD website or the Directorate's Annual Report can also be accessed online.

About the Audit and Risk Committee

The Audit and Risk Committee is an independent advisory body that assists the Director-General and Under Treasurer in overseeing the effectiveness of the Directorate's governance, risk management, internal control and assurance arrangements. By providing objective advice, constructive challenge and strategic oversight, the Committee supports informed decision-making and strengthens accountability across the Directorate. In carrying out its responsibilities, the Committee reviews, monitors and advises on:

- enterprise risk management, including oversight of the implementation of CMTEDD's Risk Management Framework and significant risks that may impact the achievement of strategic objectives;
- internal and external audit activities, including the Internal Audit Charter, annual audit program, audit findings and the implementation of agreed management actions;
- financial management and reporting, including the review of annual financial statements and significant financial reporting matters;
- fraud and corruption prevention arrangements, including oversight of the Directorate's Fraud and Corruption Prevention Policy and Plan;
- protective security arrangements and implementation of the ACT Protective Security Framework;
- legislative, regulatory and policy compliance obligations; and
- broader governance matters referred to the Committee by the Director-General or Under Treasurer from time to time.





The Committee is required to undertake an annual evaluation of its performance and provide a report on its effectiveness in fulfilling its responsibilities throughout the year.

Skills and Experience

To effectively support the Committee's responsibilities, members collectively contribute expertise across a range of disciplines including:

- governance and accountability;
- financial management and public sector financial reporting;
- internal and external audit;
- fraud and corruption prevention;
- information technology and cyber security;
- business continuity and resilience;
- workplace health and safety;
- project management;
- procurement; and
- strategic planning and organisational performance.

The Independent Member contributes to the overall effectiveness of the Audit and Risk Committee by providing independent insight, constructive challenge and objective advice. The role requires engagement with a range of stakeholders across the Directorate, including Committee members and senior executives, to support continuous improvement in governance, risk and assurance practices.

Key responsibilities include:

- preparing for and actively participating in Committee and subcommittee meetings;
- reviewing meeting papers and draft minutes;
- supporting compliance with the Audit and Risk Committee Charter, Internal Audit Charter and Financial Subcommittee Terms of Reference;
- contributing to the Committee's deliberations, recommendations and annual performance review;
- maintaining independence and declaring any actual, perceived or potential conflicts of interest; and
- acting in accordance with the ACTPS Code of Conduct and all relevant legislative, policy and governance requirements.

The Independent Member may also undertake additional responsibilities as requested by the Director-General, Under Treasurer or Executive Management Group.

Evaluation Criteria

Candidates should possess:

Criteria Rating

Financial management and public sector financial reporting

1.Demonstrated experience in financial management and reporting, particularly the preparation, review or oversight of public sector financial statements. Relevant professional qualifications will be considered favourably. 30%

Audit, risk and governance expertise

2.Demonstrated senior-level knowledge and practical experience in governance,



risk management, internal/external audit, compliance, internal control and assurance. Experience providing effective oversight and constructive challenge would be particularly relevant. 25%

Breadth of contemporary governance and risk expertise

3.Knowledge and experience relevant to the Committee's broader remit, particularly project oversight, information technology and cyber security, fraud and corruption prevention, business continuity/resilience and other significant organisational risks. 25%

Independence, integrity and contribution to Committee effectiveness

4.Demonstrated ability to provide impartial advice and constructive challenge, appropriately manage conflicts of interest, contribute effectively to Committee deliberations and demonstrate integrity, accountability and a commitment to continuous improvement.15%

Closing the Gap, cultural capability and inclusive governance.

5.Demonstrated understanding of, and commitment to, the principles and objectives of the National Agreement on Closing the Gap and the ACT Aboriginal and Torres Strait Islander Agreement 2019–2028, including an ability to apply culturally informed perspectives to governance, risk management, assurance and organisational decision-making, and to support culturally safe, inclusive and accountable organisational practices. 5%

Previous experience serving on an Audit and Risk Committee and/or working within the public sector will be highly regarded.

CMTEDD is committed to building diverse, inclusive and culturally secure governance arrangements that reflect the community it serves. We value the unique knowledge, perspectives and lived experiences of Aboriginal and Torres Strait Islander peoples and recognise the important contribution these perspectives make to effective governance, risk management and decision-making. Aboriginal and Torres Strait Islander people are strongly encouraged to apply for this position.

Term of Appointment

In accordance with CMTEDD Audit and Risk Committee Charter, an Independent Member may serve as a Committee Member for a maximum of five years in the position and no more than eight years on the Committee in any capacity.

To maintain independence, applicants must not be a current employee of the ACT Government.

Frequency of Meeting and Remuneration

The contract will be for two years with two options for extension of one year each. The overall maximum value for the four-year contract would therefore be $78,080 including GST and superannuation guarantee (see notes below).

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📌 CMTEDD Audit and Risk Committee (Canberra)
🏢 Chief Minister, Treasury and Economic Development Directorate ACT
📍 Canberra