Job Alert: National Treasury Audit Committee Member in South Africa
Motivated and qualified candidates are invited to apply for the position of National Treasury Audit Committee Member in South Africa. This role offers a comprehensive remuneration package, to be discussed annually (excluding benefits).
The Audit Committee serves a crucial statutory function by providing oversight and advisory services to the National Treasury (NT), Accounting Standards Board (ASB), Government Technical Advisory Centre (GTAC), and the Co-operative Banks Development Agency (CBDA). It also supports the Accounting Officer/Authority and the Executive Authority, in accordance with the Public Finance Management Act.
Brief Summary:
- Organisation: National Treasury
- Program Location: South Africa
- Program Duration: Fixed-Term Contract (Three-Years)
- Available Slot: Several
- Basic Qualifications: Graduates
- Nationality: All Nationalities
Also Apply: World Bank Young Professionals Program
Eligibility Criteria
In order to be eligible for National Treasury Audit Committee Member, the applicant has to meet all of the following criteria:
- Applicants must hold a Chartered Accountant (SAICA) or Chartered Certified Accountant (ACCA) or Certified
Internal Auditor (IIA) or Registered Government Auditor (SAIGA) designation. Be in possession of a NQF level 8
qualification in Accounting or Internal Auditing or Auditing or Risk Management. - Have experience in a senior management and/or oversight role. Have experience and/or knowledge on Corporate Governance in the Public Sector.
- Experience and/or knowledge in the field of Internal Auditing. Experience and/or knowledge in the field of Public Sector External Auditing.
- Experience and/or knowledge in the field of Public Sector Accounting.
- Experience and/or knowledge in Compliance Management.
- Experience and/or knowledge in Risk Management. In addition to the above, candidates should demonstrate experience in participating in governance structures, ability to dedicate time to the activities of the
Audit Committee and have experience in serving on Audit Committees.
Key Performance Areas
- Review the coordination of assurance efforts to ensure completeness of coverage and promote the effective use of audit resources.
- Review the adequacy and effectiveness of the NT’s and entities’ governance processes, risk management and internal controls, including information systems controls and security, the quality of financial and other management information produced to ensure integrity and reliability, any related significant findings and recommendations of the internal and external auditors together with management’s responses thereto.
- Examine and review the annual financial statements before final approval thereof. Examine and review the annual performance report before final approval thereof.
- Review any significant incidents of a criminal or irregular nature.
- Provide oversight on Risk Management and Compliance with laws and regulations.
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Application Procedures
Interested and qualified candidates seeking for National Treasury Audit Committee Member job are expected to submit application online for this opportunity.
Application Deadline: September 06, 2024