In terms of Sections 76 and 77 of the Public Finance Management Act (PFMA) of 1999, SALPC calls on qualified and interested people to serve on its Audit and Risk Committee till 1st March 2027.
Candidates can apply personally or be nominated by someone else. Nominees working and residing in Gauteng and from the Public Service Sector will be given preference.
Candidate Requirements: The ideal candidate should have A relevant/appropriate professional Bachelor’s and Postgraduate qualification in Accounting/Auditing/ Risk Management / ICT/ MBA/ LLB or relevant qualification. Individuals must possess any of the listed professional qualifications: CFE/ CCSA/ CIA/ CA (SA) or relevant professional Certificate. Must be affiliated with any of the following professional bodies: Institute of Internal Auditors South Africa (IIASA) / Institute of Risk Management South Africa (IRMSA) / South Africa Institute of Chartered Accountants (SAICA) / South African Institute of Professional Accountants (SAIPA)/ Association of Certified Fraud Examiners (ACFE) / Legal Practice Council or any relevant professional body. The ideal candidate should be serving members of an audit and or risk committee or should have previous experience as a serving member on audit and or risk committees for more than five (5) years and not serving on more than three (3) audit and or risk committees. The ideal candidate should have more than five years of management experience gained from the Audit/ Financial/ Legal/ ICT/ Risk Management/ Governance environment. Experience in or knowledge of the Public Finance and Public Sector will be considered as an additional advantage. In addition to the above, candidates should demonstrate experience in participating in governance structures, the ability to dedicate time to the activities of SALPC’s Audit and Risk Committee, have an inquisitive personality within reasonable levels of probing, analytical reasoning abilities and good communication skills, and a fair understanding of the regulatory framework within which national departments operate.
Term of Appointment: Appointments will be made for 3 years after which, the Board of SALPC may renew the appointment period for another term. This is not a full-time appointment. The Audit and Risk Committee has four statutory meetings per annum and additional meetings may be convened as deemed by the Audit and Risk Committee.
Remuneration: Compensation of Audit Committee members is determined by the National Treasury and/or the Auditor-General. Schedules in this regard are issued annually with specific hourly or daily rates. All other refundable expenses are based on SALPC-related policies in line with the National Treasury guidelines.
Nominations / Applications must be submitted on a signed and dated PanSALB Application Form, obtainable from the PanSALB Website, and must be accompanied by a comprehensive CV (Including copies of ID and qualifications). Incomplete applications will not be considered. It will be expected that candidates to be available for interviews on the date and time and at a place as determined by the SALPC. Appointment of successful candidates will be strictly subject to the result/ outcome of Personnel. Interested individuals are invited to forward their applications via e-mail to applications@pansalb.org.
All requirements indicated are applicable. Enquiries by email may be sent to Adv. Karabo Sibanyoni karabo@pansalb.org
Closing Date: 22 April 2024