FINANCIAL AND ACCOUNTING SERVICES SECTOR EDUCATION AND TRAINING AUTHORITY (FASSET) VACANCIES

​INTERNAL/EXTERNAL ADVERTISEMENT
 
FASSET complies with the provision of the Protection of Personal Information Act. By submitting your application for a position at FASSET, you are consenting that the personal information submitted as part of your application may be used for the purposes of the Recruitment and Selection related processes.
 
SUMMARY
Name of Position: Assistant Manager: Audit Risk and Compliance
Closing Date for Applications: 12 December 2024
Commencement Date: As soon as possible
Total Cost of Employer: R 771 117.66 p.a (TCTC-Non-Negotiable)
Reference: FAS/RECRUITMENT/ASMF2/2024
 
JOB IDENTIFICATION
Department: Audit Risk and Compliance
Reporting Line: Audit Risk and Compliance Manager
Full-time/Part-time/Contract: Permanent
 
PURPOSE OF THE JOB
To support the organisation’s audit, risk management, and compliance functions by facilitating audit processes, tracking the implementation of audit recommendations, ensuring compliance with regulations and policies, and helping to identify and manage risks. In addition, this role involves managing team performance.
 
MAIN ACCOUNTABILITIES
• Contribute to the planning, designing, and implementing of overall risk management and compliance review processes for the organisation.
• Assist in the implementation of the Enterprise Risk Management (ERM) policy and framework by providing risk management support to all business units within the seta.
• Coordinate the implementation of the Combined Risk Assurance model and reporting thereof.
• Conduct monitoring activities on the adequacy and effectiveness of risk responses, accuracy, and completeness of reporting, and timely remediation of deficiencies, for the purposes of fulfilling the Level 2, assurance provider mandate.
• Act as a contact person for staff queries on Enterprise Risk Management (ERM)
• Compile Compliance risk management plans (CRMPs) for review by the Audit Risk and Compliance Manager
• Monitor action plans from the CRMPs and ensure that the action plans are effective in ensuring compliance with relevant laws and regulations.
• Compile risk and compliance reports and updates in an appropriate way for review by the Audit Risk and Compliance Manager.
• Ensure that the organisation complies with the compliance calendar set timelines
• Implement the business continuity management policy and its framework
• Provide input into the development and implementation of the audit plan by service provider.
• Review draft internal audit reports and ensure that the actions identified addresses the recommendations.
• Support the internal auditors in the execution of their duties by being the first point of contact.
• Maintain a report of all the internal audit findings and track implementation of the action plans.
• Oversee the internal audit claims to ensure all invoices are processed within budget and align with the approved internal audit plan
• Provide administrative support to the Risk management committee and ensure that the agenda for Audit Risk Committee (ARC) addresses all relevant discussion items.
• Ensure that reports and the agenda pack to be presented in the meetings are circulated in line with the set timelines.
• Participate in the communication and delivery of effective risk and compliance training and awareness programs for various stakeholders.
• Present reports to various committees on behalf of the manager when required to
• Manage Human Resources within the ARC team, not limited to performance agreements, assessments, leave and discipline
 
REQUIRED QUALIFICATION
Qualification
• A Degree/Btech qualification in Accounting/Internal Audit/Risk Management or relevant and equivalent qualification at NQF level 7.
• A Post Graduate Qualification is an added advantage.
• A member of the IRMSA/Compliance Institute
 
REQUIRED EXPERIENCE
Essential:
• Minimum of 5 years’ experience in the Audit, Risk and Compliance environment, of which 3 years should be at supervisory level.
• Public Sector experience implementing PFMA and National Treasury Regulations is essential.
 
COMPETENCIES REQUIRED
Critical
• Interpersonal Skills and stakeholders’ management.
• Cross departmental query resolution.
• Strong written and verbal communication skills in English.
• Attention to detail
 
KNOWLEDGE AND SKILLS REQUIRED
Essential
• SDA and its regulations, SDLA, PFMA, National Treasury Regulations
• Strong time management and organisational skills.
• Adaptability and flexibility.
• Comfortable working in fast-paced environment.
• Computer literacy.


​

​COMMENCEMENT DATE
FASSET requires applications for a permanent Assistant Manager-ARC to join existing team as soon as possible.
 
TOTAL PACKAGE
The salary to be offered for this position is R 771 117.66 p.a (TCTC-Not Negotiable)
 
ASSESSMENT
Applicants may be required to undergo a competency assessment.
 
CONTACT DETAILS
Submit your Full Curriculum Vitae (with 3 references), copies of your Matric certificate, Qualifications and copy of ID by no later than 12 December 2024 @16:00 to: acm113@fasset.org.za quoting the reference as the subject line: NB FAS/RECRUITMENT/ASMF2/2024
 
FASSET applies the principles of employment equity as per National legislation and policy guidelines and will consider designated groups in line with these requirements. Preference will be given to previously disadvantaged groups including those with disabilities. Appointments will be made in accordance with the approved Employment Equity Plan to promote its equitable representation in terms of race, gender and disability.”