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THULAMELA LOCAL MUNICIPALITY - AUDIT COMMITTEE ADVERT
THULAMELA LOCAL MUNICIPALITY
Civic Centre • Old Agriven Building • Thohoyandou • 0950
Audit Committee Advert
• Invitation to serve on the Audit Committee of the Thulamela Local Municipality
In accordance with the provisions of Section 166 of the Local Government: Municipal Finance Management Act, (No.56 of 2003), each Municipality is required to constitute an Audit Committee that will serve as an independent advisory body which must advise the Accounting Officer and the Management of the Municipality. Applications are hereby invited from Members of the public to serve as Audit Committee Members of the Thulamela Local Municipality. The municipality requires Six (06) members from the public to serve on the Committee. People who meet the basic requirements listed below must apply for consideration.
Basic Requirements: • A relevant degree or equivalent qualification in Accounting, Financial Management, Internal Auditing, Auditing, Risk Management, Performance Management, ICT, Engineering (i.e. Civil, Electrical & Environment) and Legal. • Minimum experience of three (03) years of serving as an Audit Committee member in the local government.
• Minimum of five (05) years proven expertise and experience in any of the following fields: -Internal Auditing; Financial management; Risk management, Accounting, Legal, ICT, PMS and governance at a senior management level. • Professional qualification (CA, CIA, CISA, CRMA) will be an added advantage. • In depth understanding of Internal Auditing, Risk management, Financial management, ICT, Human resources management, and municipal regulations. • Knowledge of the MFMA, Municipal Systems Act and Municipal Structures Act. • Preparedness to be subject to security clearance.
Skills, Quality and Attitude: Candidates must possess the following qualities: • Independence • Integrity • Objectivity • Competency • Willingness to dedicate time and vigour to Council responsibilities • Excellent communication skills • Professional • Pro-active.
Key functions: Persons interested and who are eminently qualified will be expected to advice Municipal Council, political office bearers, the Accounting officer, and the management staff of the municipality on the following matters, amongst others:
a) Advise the municipal council, the political office bearers, the Accounting Officer and the management staff of the municipality on the following matters: • Internal Audit • Internal controls • Risk Management •Accounting policies • The Adequacy, reliability and accuracy of financial reporting and information • Performance Management • Effective governance • Compliance with MFMA, the annual Division of Revenue Act and any other applicable legislation • Performance evaluation and • Any other issues referred to it by the municipality
b) Review annual financial statements to provide the Council of Thulamela Municipality with an authoritative and credible view of its financial position, its efficiency and effectiveness and its overall level of compliance with the MFMA, DORA and any other applicable legislation.
c) Responds to the Thulamela municipal Council on any issues raised by the Auditor General in the audit report.
d) Carry out such investigations into the financial affairs of Thulamela Municipality, which Council may request.
e) Perform such other functions as may be prescribed.
f) Access the financial records and other relevant information of Thulamela Municipality in performing its duties in liaison with the Internal Auditor or a person designated by the Auditor General to audit the financial statements of Thulamela Municipality.
Membership and Independence: • All audit committee members should declare their private and business interest in every meeting. • Interested persons may not have any business or contractual dealings with the Thulamela Local Municipality. This is to ensure that the Audit Committee members remain independent from any municipal activities during the period of appointment on the Audit Committee.
Term of office: The term of office of the appointed candidates will be three (03) years, thereafter, it will be subject to review by Council. However, successful candidates who are already serving in more than three (03) Audit committees in local government will not be considered to ensure effectiveness as contained in circular 65 of the MFMA.
Remuneration: Members will be remunerated for attending meetings in accordance with rates commensurate with approval from Council. Officials employed at National, Provincial and Local government, its agencies or other entities regarded as falling with the definition of an organ of state, only preparation and travel expenses will be compensated.
Skills, Quality and Attitude: Candidates must possess the following qualities: • Independence • Integrity • Objectivity • Competency • Willingness to dedicate time and vigour to Council responsibilities • Excellent communication skills • Professional • Pro-active.
Key functions: Persons interested and who are eminently qualified will be expected to advice Municipal Council, political office bearers, the Accounting officer, and the management staff of the municipality on the following matters, amongst others:
a) Advise the municipal council, the political office bearers, the Accounting Officer and the management staff of the municipality on the following matters: • Internal Audit • Internal controls • Risk Management •Accounting policies • The Adequacy, reliability and accuracy of financial reporting and information • Performance Management • Effective governance • Compliance with MFMA, the annual Division of Revenue Act and any other applicable legislation • Performance evaluation and • Any other issues referred to it by the municipality
b) Review annual financial statements to provide the Council of Thulamela Municipality with an authoritative and credible view of its financial position, its efficiency and effectiveness and its overall level of compliance with the MFMA, DORA and any other applicable legislation.
c) Responds to the Thulamela municipal Council on any issues raised by the Auditor General in the audit report.
d) Carry out such investigations into the financial affairs of Thulamela Municipality, which Council may request.
e) Perform such other functions as may be prescribed.
f) Access the financial records and other relevant information of Thulamela Municipality in performing its duties in liaison with the Internal Auditor or a person designated by the Auditor General to audit the financial statements of Thulamela Municipality.
Membership and Independence: • All audit committee members should declare their private and business interest in every meeting. • Interested persons may not have any business or contractual dealings with the Thulamela Local Municipality. This is to ensure that the Audit Committee members remain independent from any municipal activities during the period of appointment on the Audit Committee.
Term of office: The term of office of the appointed candidates will be three (03) years, thereafter, it will be subject to review by Council. However, successful candidates who are already serving in more than three (03) Audit committees in local government will not be considered to ensure effectiveness as contained in circular 65 of the MFMA.
Remuneration: Members will be remunerated for attending meetings in accordance with rates commensurate with approval from Council. Officials employed at National, Provincial and Local government, its agencies or other entities regarded as falling with the definition of an organ of state, only preparation and travel expenses will be compensated.
Applications, CV and certified copies of qualifications should be sent via post to: The
Municipal Manager, Thulamela Local Municipality, Private Bag x 5066, Thohoyandou, 0950.
Or hand delivered to: Registry office, Thulamela Local Municipality, Old AGRIVEN Building, Thohoyandou.
Enquiries may be directed to: Ms. Matshevha MM at (015) 962 7512
Speaker: Cllr Mulovhedzi HP
MR MALULEKE H.E - MUNICIPAL MANAGER
THULAMELA MUNICIPALITY