Call for Letters of Interest - Appointee to the BCREA Finance and Audit Committee

The BC Real Estate Association (BCREA) Board of Directors (Board) is seeking to appoint a Finance Specialist to the BCREA Finance and Audit Committee. The successful applicant requires an accounting designation (CPA) and relevant financial management experience. This appointment term would commence May 1, 2020.

About British Columbia Real Estate Association

BCREA is the professional association for over 23,000 commercial and residential REALTORS® in BC. Working with the province’s 11 real estate boards, we provide professional development opportunities, advocacy, economic research and standard forms so REALTORS® are trusted, respected and proud of their profession.

About the Finance and Audit Committee

The BCREA Finance & Audit Committee assists the Board in fulfilling its obligations and oversight responsibilities relating to financial planning and reporting, budget preparation, audit process, accounting systems and internal controls and risk management, and when required, to make recommendations to the Board for approval.

In the process of overseeing BCREA’s financial procedures, the Finance and Audit Committee will have unrestricted access to BCREA’s personnel and documents and will be provided with the resources necessary to carry out its responsibilities, including the authorization to engage independent counsel and other advisors.

Expertise in the following is required:

• Financial planning and reporting, reviews and approves BCREA’s operating and capital budgets as well as major projects
• Oversight of the external audit, reviews and approves for recommendation to the Board, BCREA’s annual audited financial statements
• Monitors accounting systems and internal controls
• Monitors and make recommendations regarding investment performance and policies
• Risk management, leading the Board’s oversight of BCREA’s risk management processes, controls and policies for identification and mitigation of risks

Time Commitment & Compensation

The BCREA Finance and Audit Committee meets four times throughout the year. Additional meetings may be held if deemed necessary by the Committee Chair. Meetings can be attended in person or via video conference.

This is currently a volunteer position; however, a per diem of $300 per meeting has been proposed which will be subject to approval at BCREA’s Annual General Meeting in March. Travel and meal costs are reimbursed.

How to Apply

If you have questions about the vacancy or wish to apply, please submit a letter of interest and current resume to the attention of the BCREA Nominating Committee via email to [email protected] by March 6, 2020.

The BCREA Nominating Committee thanks all applicants; however, only those selected as potential candidates will be contacted.

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