SOUTH AFRICAN COUNCIL FOR EDUCATORS (SACE)

 

 

 

EXTERNAL VACANCY INDEPENDENT CHAIRPERSON OF THE SACE RISK AND AUDIT COMMITTEE

• PRETORIA

 

South African council for educators is a regulatory body established in terms of Act no .31 of 2000 as amended classified as a schedule 3A public entity in terms of the Public Finance Management Act No. 1 of 1999 as amended (PFMA). Applications are invited from qualified, experienced and skilled individuals whose appointment will promote representativity to be considered to serve as the Chairperson of the Risk and Audit Committee. The Risk and Audit Committee is an independent Committee established in terms of Section 77 of the PFMA to review internal controls, governance and risk management within the institution.

 

QUALIFICATION AND EXPERIENCE: Three-year tertiary or equivalent qualification in Accounting, Internal Auditing and Risk Management, Certified Internal Auditor (CIA) or Chartered Accountant (CA) or equivalent professional qualification relevant fields is a prerequisite for the appointment as the Risk and Audit Committee Chairperson. Minimum of 15 years of professional experience, of which 10 years should have been at a senior management level, gained either in the public or private sector. At least three (3) years of experience serving in Risk and Audit committees. Candidates must be registered with a professional body relating to their profession and provide proof that they are in good standing.

 

KNOWLEDGE AND SKILLS: Sufficient knowledge and understanding of the public sector legislative environment governing public entities and Sound background in financial management, corporate governance, information and communication technology, and general management principles. Computer literacy. Knowledge of accounting standards such as Generally Accepted Accounting Practice (GAAP) and Generally Recognised Accounting Practice (GRAP), International Financial Reporting Standards (IFRS). The applicant should be independent and knowledgeable on the status of their positions as chairperson of the Risk and Audit Committee. A knowledgeable person who keeps up to date with the developments within the Internal and External Audit and Risk Management professions and developmental aspects.

 

COMPETENCIES: Ability to lead a team, prepare reports on the activities of the committee. Demonstrate the ability to interrogate submissions from Management regarding various aspects of the business. Communicate with internal stakeholders such as members of the council; Management, and internal auditors, as well as the external stakeholders such as Auditor General South Africa (AGSA).

 

DUTIES AND RESPONSIBILITIES: Carry out the responsibilities as legislated by the Public Finance Management Act, 1999, the National Treasury Regulations, and the approved Terms of Reference. • Fulfil oversight responsibilities to ensure that SACE maintains an effective, efficient, and transparent system of financial, risk management, governance, performance evaluation and internal control. • Review the effectiveness of the Internal Audit activity and the work of external auditors. • Review the SACE’s financial statements, performance information and monitor compliance with legislation. • Provide advice to SACE management on matters relating to, inter alia, internal audit; internal control; risk management; accounting policies; financial and nonfinancial information; effective governance and compliance with applicable legislation and prescripts. • Review any reports released by the internal and external auditors and Management’s response thereto. • Report bi-annually to the Accounting Authority on the status of risk management, governance, and controls within SACE.

 

 


 

 

TERM OF APPOINTMENT: The term of appointment is four (4) years consistent to the term of Council.

 

REMUNERATION: The members of the Risk and Audit Committee are remunerated at rates determined by the National Treasury. Employees of National, Provincial and Local Government or Institutions, Agencies and Entities of Government serving on the Risk and Audit Committee are not entitled to additional remuneration.

 

SUBMISSION OF APPLICATIONS: Application letters accompanied by detailed Curriculum Vitae with a minimum of three (3) contactable references and certified copies of Identity Document, educational qualifications, and membership to relevant professional body(ies), not older than six (6) months. Correspondence will be limited to shortlisted candidates only.

Applications received after the closing date will not be considered or accepted. 

 

All applications should be forwarded to Ms Mpho Moloi at Mpho.moloi@sace.org.za.

 

For further information, contact Ms Mpho Moloi @ 012-6630422.

 

If you have not been contacted within three months of the closing date of this advertisement, please accept that your application was unsuccessful. We thank all applicants for their interest.

 

CLOSING DATE: 08 May 2026 @ 16:30.

 

Job details

Chairperson of the Risk and Audit Committee

 

CONTACT

Ms Mpho Moloi

South African Council for Educators (SACE)

012 663 0422

SACE

Mpho.moloi@sace.org.za