Finance and Audit Committee - Independent Member

About usLutheran Homes Group (LHG) is a leading not-for-profit provider of residential, home care, and retirement living services for senior Australians. Our dedicated team of almost 1000 employees and volunteers work tirelessly to deliver personalised support and care to more than 1,600 South Australians. We believe in empowering our consumers to live their lives with dignity and choice every day.At LHG, we are committed to providing the highest quality care to our consumers. We constantly innovate and nurture our staff to ensure we remain at the forefront of best practice in the industry. We take pride in our rich tradition and history, and we strive to grow while maintaining the values that define us. Join us in our mission to make a positive difference in the lives of senior Australians. About the committeeWe are seeking a dedicated and passionate individual to join us as an Independent Member of our Finance and Audit Committee which is a committee to of the LHG Board. The committees primary responsibilities include:

• Reviewing the annual financial statements to ensure that they present fairly the state of affairs of LHG.
• Reviewing the adequacy of the accounting, internal control, reporting and other financial management systems and processes of LHG.
• Regularly reviewing all of LHG’s financial policies.
• Approve the appointment of and oversee the performance of any external auditor appointed by LHG.
• Review LHGs annual business plan and supporting budget, assumption and key financial indicators.
• Annually review LHGs capital expenditure and property development budget and associated capital funding plan.
• Monitor LHG’s responsiveness to recommendations for improvements based on previous audits.

This committee meets approximately 4 to 5 times a year. Independent members play a crucial role in governance, and therefore, these positions are paid on a per meeting basis. Personal capabilitiesThe successful candidate for this position will have:

• Proven experience as an accountant, preferably as a Partner in a mid or large firm or as a CFO of a large enterprise.
• Strong background in Finance and accounting to review financial statements, budgets, and financial policies.
• Ability to critically assess financial controls, management systems, and processes.
• Familiarity with audit procedures and the ability to evaluate the performance of external auditors.
• Background in Property, Property Development, and Aged Care / Health Care sectors is highly desirable.

How to ApplyIf you are interested in joining this committee, please send your resume and a brief cover letter outlining your relevant experience and interest in joining this LHG committee by simply applying online.Applications close 10:00pm Sunday 30 June 2024.Please note we are not accepting recruitment agency applications at this time.