EDUCATION, TRAINING AND DEVELOPMENT PRACTICES SECTOR EDUCATION TRAINING AUTHORITY (ETDP-SETA) Appointment of Independent Audit Committee Chairperson to serve on the Audit Committee of ETDP SETA An Audit Committee is an independent Committee constituted to review the control, governance and risk management within an institution established in terms of Section 77 of the Public Finance Management Act (PFMA) and Treasury Regulations as well as the approved ETDP SETA Standard Constitution and operates in according to its approved Charter
- Able to commit the necessary time to the organisation;
- Be readily available on urgent matters and in times of crisis; and have the requisite business, financial, communication, and leadership skills; - Lead the committee meetings to review adequacy and effectiveness of the organisation’s internal controls, including computerised information systems control and security, the quality of financial and other management information produced to ensure integrity and reliability; as well as the related significant findings and recommendation of internal and external audit auditors, together with Management’s response thereto; - Lead the committee meetings to review compliance with laws and regulations and other related requirements; - Lead the committee meetings to review any significant incidents of a suspected criminal or irregular nature; - Attend the Accounting Authority meetings and table the Audit Committee reports as well as addressing audit and risk related matter that the Accounting Authority may require specialist knowledge and advise; - Perform duties as required by section 27.1 of the Treasury Regulations. Candidates should possess the following qualities:
Term of Office and Remuneration The term of office of appointed candidates will be for five (5) years. The remuneration of the members of the Audit Committee is determined in accordance with paragraph 20.2 of the Treasury Regulations and ETDP SETA internal policies. Applications must be accompanied by a covering letter, Curriculum Vitae. Only shortlisted candidates will be required to submit certified copies of qualifications and IDs: Email to: The Chief Risk Officer, Mr Mzikayise Dondolo. Enquiries: 011 372 3332 and email to mzikayised@etdpseta.org.za. Applications should be submitted by no later than 22 July 2020. Applications received after the closing date will not be considered. Correspondence will be limited to short-listed candidates only. ETDP SETA reserves the right not to make an appointment. People with disabilities are encouraged to apply.
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