NEWCASTLE MUNICIPALITY - AUDIT COMMITTEE MEMBERS

 
BACKGROUND: Council is required to constitute an Audit Committee in order to comply with the provisions of Section 166 of the Municipal Finance Management Act No. 56 of 2003.
 
ESSENTIAL REQUIREMENTS: Proven working experience at a senior level and a relevant degree or equivalent qualification in Information Technology, Legal or Performance Management.
 
KEY FUNCTIONS: Persons interested in this function and who are eminently qualified therefore will be expected to attend quarterly audit committee meetings and advise the Council and Senior Management on the following matters, amongst others; -Internal Audit; -Internal Financial controls; -Accounting Policies; -Risk Management; -Adequacy, reliability and accuracy of financial reporting and information; -Performance Information; -Corporate Governance; -Compliance with relevant Legislation; -Any other issues referred to by the Municipality; -Examine and Review Annual Financial Statements before final approval;