CHAIRPERSON OF AUDIT COMMITTEE
(Three (3) Year Contract)
SALARY : Remuneration will be paid in accordance with the Treasury Regulations 20.2.4.
CENTRE : National Head Office, Pretoria
REQUIREMENTS :
- An NQF level 8 qualification in any of the following fields:
- Accounting, Auditing, Risk
Management, Information and Communication Technology. - Five (5) years’ experience as a member of an Audit Committee in the public sector.
- Additional five (5) years’ experience as an Audit Committee Chairperson.
- In-depth knowledge of the PFMA and its regulations as well as other governing prescripts applicable to the department.
- Membership of a Public Sector Audit Committee will be an added advantage.
- A valid and unendorsed code 8 driver’s license.
- Competencies And Attributes: Integrity, reliability, good communication, interpersonal and leadership skills.
- Exhibit an independence of mind in deliberations and be proactive in advising the Accounting Officer.
- Professional approach to duties, including commitment of time and effort.
- Ability to encourage openness and transparency.
- Ability to work constructively with management.
Prospective candidate should possess the following:
- Broad business, corporate governance and/or financial management experience.
- Public sector experience.
- An understanding of the business in which the organisation operates.
- Familiarity with risk management practices.
- An understanding of internal controls.
- An understanding of major accounting practices and public sector reporting formats.
- Familiarity with legislative requirements.
- Understanding of the roles of internal and external audit Good understanding of the control framework.
DUTIES :
- Responsibilities: Chair audit committee meetings.
- Advice the Accounting Officer and
Management on audit related and governance matters. - Independent advisor on matters relating
to, inter alia, internal audit, external audit, accounting policies, financial and non-financial
information. - Effective governance and compliance with applicable legislation and prescripts.
- Evaluate the adequacy of the organisation’s control environment.
- Attend meetings as often as
required but at least five (5) times in a year and be flexible with time. - Perform duties in
accordance with the Audit Committee Charter.
ENQUIRIES : Mr Y Naidoo Tel No: 012 307 2079, Ms T P Ngobeni 012 305 8589 or Ms N Khumalo 012
3072174.
NOTE : Appointment will be for a period of three (3) years, subject to renewal at the discretion of the
Department of Correctional Services. The appointment will be supported by the terms of
reference and a contract.
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