Audit And Risk Committee Members

Requirements

The applicant must be in possession of NQF Level 6 in Accounting, Auditing, Finance, Compliance, Business Management, Risk Management, IT or Law;, as recognised by SAQA; Committee Chairperson: Minimum of 10 years of senior/executive; Audit Committee Members: 5-10 years of senior/executive management experience; Combine experience for the committee members and chairpersons: Auditing, Governance, Risk Management, Information Communication Technology, Organisational Performance Management, Performance Information, External Auditing or Legal; Prior committee experience (Audit, Risk Anti-Fraud) is strongly preferred. Competencies: Attributes and skills highly independent, integrity, objectivity, reliability, knowledge of governance process and risk management principles and internal control, good communication skills, strong leadership skills and knowledge of Education Sector.

Key Responsibilities

Audit Committee Members (Including Chairperson): Participating in audit committee meetings and deliberations; Reviewing internal controls, risk management and governance processes; Overseeing and approving internal and external audit plans and outcomes; Monitoring implementation of audit recommendations; Reviewing financial and performance reporting. Additional Responsibilities of Audit Committee Chairperson: Leading and facilitating committee meetings; Guiding strategic discussions on key risks; Engaging with management, internal and external auditors. Providing strategic guidance to accounting officer and executive authority on the Departmental governance process. Risk Management Committee Chairperson: Chairing the Risk Management Committee and serve on the Audit Committee; Providing strategic oversight to accounting officer and executive authority on risk management frameworks and practices; Advising the accounting officer and the executive authority on risk identification, mitigation, and risk appetite. Monitoring implementation of risk mitigation plans; Overseeing Business Continuity Management (BCM) and fraud prevention; Presenting quarterly risk reports to the Audit Committee.

How to Apply

Enquiries