BRAND SOUTH AFRICA Brand South Africa aims to contribute to the objectives of the National Development Plan (NDP) by managing South Africa’s Nation Brand in order to improve the country’s global attractiveness and competitiveness. Posts: Independent Audit and Risk Committee Members: (3-year period) 1 X Audit Committee Member specialising in Financial Management 1 X Audit Committee Member specialising in IT Risk Governance
Implementation of Actions - Review the adequacy of management responses to address internal and external audit findings and monitor progress on the implementation of the integrated action plan. Risk Management - Review and provide oversight on the entire risk management process and specifically on matters that have been escalated by the Risk Management Committee to the Chief Executive Officer. External Auditors – Review the effectiveness of the External Auditors in relation to execution of the audit plan, completeness of audit coverage, adequacy of audit fees and effective reporting to stakeholders. Combined Assurance Framework - The Committee will ensure that a combined assurance model is applied to provide a coordinated approach to all assurance activities Financial Management - Review interim and annual financial statements to determine whether they are complete and compiled in line with standards and accounting policies/accounting framework. Provide oversight on the effective implementation of the financial controls. Strategy Formulation and Implementation - Oversight responsibility for investment strategies and implementation of such. Provide an oversight role on the management of performance information.
Meeting Requirements: Audit and Risk Committee Members will be required to meet at least four times per annum. MINIMUM QUALIFICATIONS AND EXPERIENCE REQUIREMENTS: Audit Committee Member Positions: 1 X Audit Committee Member specialising in Financial Management Specific Qualifications, Experience and Competences: Academic qualification in any of the following on at least NQF level 7: Economics, Accounting, Financial Management, Internal Auditing, and Auditing. In-depth understanding of internal auditing, risk management, financial management and governance. Practical working experience at least 10 years at Senior Management level in the Governance, Financial Management and Auditing. Practical Experience serving in Boards or Relevant Committees will be an added advantage. Certified Internal Auditor (CIA) and Chartered Accountant (CA) qualifications will be an added advantage. Qualifications, Experience and Competences for Both IT and Financial Management positions: Appropriate knowledge, understanding and/or experience as a director / trustee. Knowledge and understanding of the Public Sector (Schedule 3A PFMA Entity) environment. Have an understanding of Corporate Governance and applicable legislations governing Board of Directors or Trustees E.g. Companies Act or King IV. A track record of being able to work cooperatively with others and to provide leadership in a group setting. An ability to exercise sound judgement and problem solving in the execution of their fiduciary responsibilities. A high standard of personal values and ethics and an ability to respect the confidentiality of the board’s deliberations. Audit Committee Member Positions: 1 X Audit Committee Member specialising in IT Risk Governance Specific Qualifications, Experience and Competences: Academic qualification in any of the following on at least NQF level 7: IT, Enterprise Architecture, COBIT Certified at Practitioner Level, IT Enterprise Governance, and ITIL. An understanding of Information and Technology Governance as well as the impact of the 4th Industrial Revolution. Practical working experience of at least 10 years at Senior Management level in the IT, IT Governance, and IT Auditing. Practical Experience serving in Boards or Relevant Committees will be an added advantage. Qualifications, Experience and Competences for Both IT and Financial Management positions: An ability to effectively communicate orally and provide feedback to all stakeholders involved i.e. beneficiary communities. Be prepared to fulfil the time commitments necessary to attend to the duties required. Be committed to receive the training and continuing education required to be an effective member. • For your application to be considered Attach a CV with your contact details, details of your qualifications and career history. • List of your contactable references and affiliations to professional associations. • List of other trusteeships or directorships currently and previously held. • Attach a copy of your Identity document. • Indicate your current business commitments and time availability. Location: • 103 Central Street, Houghton (Johannesburg) Application Process: Applications to be emailed to: monge@phulo.co.za Closing Date: 30 March 2020 Contact Person: Monge Mathiane Telephone Number: (011) 475 5934 **Should you not hear from Brand South Africa within 4 weeks of the application closing date, please do regard your application as unsuccessful. **
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