Audit Committee Member

Mandatory minimum requirements for independent audit committee member candidates at LAU Infra Grupa AS: Impeccable reputation; Academic higher or second-level professional higher education in economics, management, finance, or a related field; State language proficiency at C1 level; At least three years of relevant professional experience (acquired in the last 10 years) in annual report preparation or audit of such reports, or certified auditor status; Understanding or experience (acquired in the last 5 years) in sustainability report preparation or providing assurance of sustainability reports; At least three years of relevant professional experience (acquired in the last 10 years) in finance or audit management positions that ensure the competence and knowledge necessary to professionally perform the duties of an audit committee member in this position; Knowledge and understanding of LAU Infra Grupa AS operational issues in the sector; Compliance with requirements set out in sections 3, 4, and 5 of Article 55.6 of the Financial Instruments Market Law, compliance with state official position combination restrictions as defined in the Law "On Prevention of Conflict of Interest in State Officials' Activities" Articles 8 and 81, and prevention of other possible conflict of interest situations if elected to the audit committee; English language proficiency at least B2 level in accordance with European Common Framework of Reference for Languages; Understanding of state capital company operations and state capital share management. Competencies required for LAU Infra Grupa's independent audit committee member to perform duties: analytical thinking, results orientation, planning and organization, and decision-making and accountability. Restrictions for candidates are specified in sections 3, 4, and 5 of Article 55.6 of the Financial Instruments Market Law. Applications for the competition may be submitted until August 31, 2026 (inclusive), sent electronically to: [email protected]. Candidates are requested to submit the following documents: 1. Application letter (including information confirming professional experience and skills relevant to the independent audit committee member position at LAU Infra Grupa AS); 2. Candidate declaration for audit committee member position (please download and use the attached form), confirming: - Compliance with requirements of sections 3, 4, and 5 of Article 55.6 of the Financial Instruments Market Law; - That the candidate will comply with state official position combination restrictions as specified in Articles 8 and 81 of the Law "On Prevention of Conflict of Interest in State Officials' Activities", will prevent potential conflict of interest situations if elected to the audit committee member position. 3. Curriculum Vitae describing life experience and work history (please download and use the attached form), including self-assessment of language skills and contact information (email address, phone number); 4. Copy of document confirming higher education (if higher education was obtained abroad, attach document of its academic recognition in Latvia); 5. Copy of document confirming state language proficiency (submitted by candidate who did not receive education in the state language); 6. Other documents confirming fulfillment of requirements set for the candidate. Please sign all submitted documents and attached copies with one electronic signature. Monthly remuneration for audit committee member (gross): 850 EUR per month for audit committee chair; 765 EUR per month for audit committee member. We inform that for candidates advancing to the second evaluation round, the nomination commission will request submission within five working days of a strategic vision (presentation format, up to 10 minutes) on LAU Infra Grupa AS audit committee activities and main future challenges, as well as providing insight into audit committee work priorities and proposals for their implementation. The selection and evaluation process for LAU Infra Grupa AS audit committee member candidates will be conducted by the Nomination Commission. Nomination Commission composition: Jānis Rībens – commission chair – Director of the State Capital Share Management Department of the Ministry of Transport; Inga Strauta – Senior Expert of the State Capital Share Management Department of the Ministry of Transport; Jevgenijs Belezjaks – Member of LAU Infra Grupa Board. Based on Article 25, paragraph 1 of the Personal Data Processing Law, we inform: personal data indicated in application documents will be processed to ensure the conduct of this competition. The personal data controller is the Ministry of Transport, contact information: Riga, Emīlijas Benjamiņas iela 3, LV-1743, email: [email protected]. The selection and evaluation process will be conducted by the nomination commission in cooperation with personnel selection consultant ASTRAL Executive Search. You have the right to withdraw your consent to personal data processing at any time by writing to [email protected] (if you wish ASTRAL Executive Search to cease your data processing) or [email protected] (if you wish the Ministry of Transport to cease your data processing).

Ask AI

Common questions about this listing — opens your AI with a ready-made prompt including the listing link.

• Is the salary in this job offer competitive for the role and location?
  Open in
• What questions should I ask at the interview for this position?
  Open in
• Which skills should I highlight in my application for this job?
  Open in