BELA BELA MUNICIPALITY - INVITATION TO SERVE AS RISK COMMITTEE CHAIRPERSON OR INVITATION TO SERVE AS AUDIT COMMITTEE MEMBER

 
Duties: • Review the risk management policy and strategy and recommend for approval by the Accounting Officer and Council •Review and assess the integrity of the risk control system and ensure that risk policies and strategies are effectively managed • Review risk identification and assessment methodologies to obtain reasonable assurance of the completeness and accuracy of risk register • Monitor the reporting of risk by Management, with particular emphasis on significant risks or exposures and the appropriateness of steps management that has taken to reduce the risk to an acceptable level • Report to the Accounting Officer and Audit Committee on the state of risk management.
 
 
 
 
 
INVITATION TO SERVE AS AUDIT COMMITTEE MEMBER 
 
Bela-Bela Local Municipality Council is required to constitute an Audit Committee in terms of section 166 of Municipal Finance Management Act of 2003, Act 56 of 2003. Suitably qualified persons are invited to submit their CVs and motivations to serve as Audit Committee Member.
 
Requirements: • A postgraduate degree in Accounting/Auditing/Financial Management/Performance management/Law/Risk Management • Proven experience in the fields of accounting/financial management/performance management • Preferably be a Chartered Accountant (CA) • A minimum of 6 years’ serving on an Audit Committee • Expertise in and knowledge preferably relating to the following areas: Local Government Sector; Audit; Finance and Performance Management.
 
Duties: Advise the Municipal Council, political office bearers, Accounting Officer and management staff of the Municipality on the following matters: • Internal financial control and internal audits • Risk management • Accounting policies • The adequacy, reliability and accuracy of financial reporting • Performance management • Compliance with Annual Division of Revenue and any other applicable legislation• Performance evaluation • Review of Annual Financial Statements and Annual Performance Report. 
 
Term of office and remuneration: Successful candidates will be appointed for three years and will be remunerated in terms of guidelines published by National Treasury.