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AUDIT ADVISORY COMMMITTEE VOLUNTEER Job opening - Winchester state Massachusetts  ( Job openings )

AUDIT ADVISORY COMMMITTEE VOLUNTEER Job opening - Winchester state Massachusetts ( Job openings )

Winchester , state Massachusetts ( By Press Release office )
2022-03-16T00:00 - 2022-03-31T16:00 | 17 | 1
   The  Select Board is seeking one (1) resident with expertise and experience in accounting, auditing, financial management and financial reporting to serve on the Audit Advisory Committee to assist them in their oversight of the annual financial audit. The term will expire August 1, 2023. 
   Consistent with the provisions of the Town of Winchester Home Rule Charter, the Committee shall lead the annual audit process by facilitating communications among the Select Board, the audit firm and management of the Town. The Committee shall make recommendations to the Select Board relative to the selection of an audit firm, the scope of the engagement and implementation of the audit. The Committee shall have access to all records and information made available to, or submitted by, the audit firm and will take those steps and precautions necessary to protect the confidentiality of such material as directed by the Select Board. The Committee shall produce a report annually to the Select Board documenting the audit process and results, making any recommendations for consideration in developing governmental policy and the adoption of financial policies for prudent fiscal management. Aspects of the report may be confidential to protect the interests of the Town.
    In meeting this Charge, it is expected that the Committee will conduct the following responsibilities;
   1.) 
   Conduct a periodic selection process for an independent auditing firm, including the development of a Scope of Services and Request for Proposals. Provide a recommendation to the Select Board for selection of a firm, including the terms of the engagement.
   2.) 
   Become familiar with current issues and trends in municipal finance and accounting, including all Governmental Accounting Standards Board (GASB) initiatives and directives.
   3.) 
   Facilitate communications among staff, the Select Board and the audit firm to ensure a productive and effective audit process.
   4.) 
   Coordinate a review of the completed audited financial statements and related financial management issues for the Select Board
   Letters of interest, resume and 
   Winchester Committee Volunteer Application
    can be mailed to 
   Town Hall, 71 Mt. Vernon Street, Winchester, MA 01890 or submitted by email to 
   pmihelich@winchester.us
   by December 1, 2021
   



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