Supervisory Board Member — Audit Committee (Auditing Expertise)
Germany·Industrial Manufacturing··Posted 24 July 2026
Frankfurt-listed industrial group, parity co-determined
The problem this seat exists to solve
The audit committee must satisfy AktG § 100(5) with one member holding accounting expertise and another holding auditing expertise. The board holds the first and not the second, and the supervisory board's gender arithmetic under § 96(2) constrains who the next appointment can be.
The remit
- Provide the auditing expertise required of a public-interest entity's audit committee
- Oversee the external audit relationship and the internal control and risk management systems
- Contribute to the supervisory board's monitoring of the management board under AktG § 111
- Support the qualification-matrix disclosure required by the German Corporate Governance Code
What the sponsor will not compromise on
- Former audit partner, chief audit executive or audit-committee chair with demonstrable auditing expertise
- Understanding of the two-tier supervisory model and of co-determined board process
- German language strongly preferred — the employee side of the board works in German
- Capacity within the ten-mandate cap in AktG § 100(2)
Terms
- Engagement
- Elected by the general meeting; supervisory board term as set by the articles.
- Compensation
- EUR 90,000 – 140,000 a year including audit-committee fee.
- Cross-border
- No nationality or residency test applies to supervisory board members. Language is the genuine constraint on this particular board.
- Time commitment in this market
- Typically 4–6 supervisory board meetings a year, with audit committees meeting more often and a heavier reading load than a unitary-board seat implies.
Before you apply — Germany
No nationality or residency test applies to a supervisory board member. The barriers are structural — co-determination, the seat cap and German-language board process — not legal.
- Residency test
- None.
- Nationality test
- None.
- Work authorisation
- A supervisory board member attending meetings does not require a residence permit. A management-board (Vorstand) appointment for a non-EU national does, and is a substantially heavier process.
- Tenure limit once appointed
- No statutory cap. The Code recommends that the supervisory board decide, and disclose, how many of its shareholder representatives it considers independent, and treats more than twelve years' service as an indicator to be addressed.
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