Main purpose:

• To assist the Board of Directors in ensuring that the Credit Union operates correctly within the law, prevailing regulations and our own rules and policies.
• To audit operations in line with the agreed annual audit plan and Supervisory Committee’s Terms of Reference.

Principle duties and tasks:

• Ensure that the policies and procedures of the Credit Union are followed through a continuous appraisal of the overall effectiveness of our control systems.
• Ensure that accounting records are prepared promptly and accurately, and that they are in order.
• Ensure that the internal audit function as required by the PRA/FCA is performed in accordance with Supervisory Committee Terms of Reference.
• Ensure that the administration of the Credit Union is in order and recommend changes and improvements.
• Hold a minimum of two annual committee meetings and be willing to attend any formal meeting of the Credit Union including the AGM.
• To report in writing to the Board of Directors, at least twice a year, the results, observations, opinions and conclusions from the internal audit.
• To submit a written report to the members annually at the Annual General Meeting.

Skills needed:

• Experience in finance, particularly auditing.
• Effective communicator, able to deal with staff and volunteers at all levels of our organisation
• Logical thinker, able to understand complex information. 
• Willing to volunteer in our Reading Head Office.

Please visit https://www.cslberks.org.uk for more information about what we do.