Little Athletics Queensland is calling for expressions of interest for the position of Independent Chair of our first Finance, Audit & Risk Committee.

We are looking for people who:

• Have significant professional experience in finance, audit or risk management.
• Have an independent viewpoint and strong leadership capability.
• Are keen to contribute to our sport as we rapidly approach the excitement of a home Olympic & Paralympic Games in 2032.
• Wish to enhance and share your governance experience with a highly respected sporting activity that impacts communities right across the state, including as far-reaching as Cooktown, and Charleville.
• Reflect the diverse and inclusive communities we serve, bringing cognitive diversity, experience and ideas to our organisation.

About Little Athletics Queensland:

• We are the State Sporting Organisation for the sport of Little Athletics in Queensland. We oversee 86 affiliated clubs and centres, and over 17,000 participants annually aged 3-17.
• We are an affiliated member association of Little Athletics Australia (LAA).
• We are an incorporated association under the Associations Incorporation Act (Qld) 1981.
• We are on a mission to modernise the governance of our association. Our Board comprises 7 member-elected Directors.
• We support and develop the Little Athletics community by providing service through 8.8 FTE staff, and an annual turnover of $2.2m.
• Our purpose is to increase the physical and social literacy of all Queensland children”
• Our Annual Report archive is available on our website.

The role:

The Finance, Audit & Risk Committee Chair is responsible for leadership of the committee including:

• Facilitating information flow between the committee and board.
• Facilitating effective functioning of the committee, including managing meetings.
• In consultation with management:
  • Setting the agenda for committee meetings; and
  • Overseeing the quality, sufficiency and relevance of information made available to the committee.
• Facilitating open and constructive communications amongst the committee, between committee and management and between committee and board; and
• Maintaining meeting focus on strategic and priority matters.

The Committee:

• The Finance, Audit & Risk Committee discharges its duty by making recommendations to the Little Athletics Queensland Board.
• The Committee is comprised of 4 or 5 individuals:
  • The Independent Chair
  • 2 Directors (one of whom is the Finance Director)
  • 1-2 non-Director appointments
• The scope of the committee’s work is set out in its Charter and includes:
  • Internal controls: Reviewing accounting and business policies, and delegations and authorisations.
  • External audit: Reviewing the auditor’s contract and annual audit plan, evaluating the performance of the auditor, and reviewing the auditor’s reports and management’s responses.
  • Investment portfolio review: Ensure that the portfolio is managed by the external fund manager in line with the Investment Policy, and review any proposal for external investment of surplus funds.
  • Financial reporting: Review draft financial reports to ensure compliance with statutory and regulatory requirements, and recommend to the Board whether financial and other statements should be signed.
  • Risk management: Review the risk management framework, and assess the effectiveness of the risk management framework, including adequacy of the annual insurance program.
  • Budget review: Review the draft annual budgets, and budget setting and monitoring processes, providing recommendations to the Board.
  • Any other projects or responsibilities directed by the Board.
• The Committee will meet a minimum of 3 times annually, as scheduled by the Board.
• Meetings are generally 90 minutes in length, commencing at 6:30pm at Little Athletics Queensland’s office at QSAC (Kessels Rd, Nathan), with the use of videoconferencing available where required.

Application Timeline: