Audit Committee Member Jobs

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  • Full Time
  • East London, South Africa

Eastern Cape Department of Transport

The Department of Transport gets its mandate from the Constitution, the National Land Transport Act, the National Road Traffic Act, the White Paper on Sustainable Transport, and other relevant laws.

As outlined in the Constitution of the Republic of South Africa (Act 200 of 1993, replaced by Act 108 of 1996), the Department plays a key role in transport governance.

Audit Committee Member

  • Job Type: Full Time
  • Qualification: Bachelors, Matric
  • Experience: 5 years
  • Location: Eastern Cape
  • City: East London
  • Job Field: ICT / Computer

Experience

  • 5 years

Remuneration and Terms of Office

  • Appointment and remuneration will follow the Provincial Treasury Instruction Note No. 6 of 2014/15 – Framework for Appointment and Remuneration of Audit Committee Members.

Minimum Competencies

  • Be independent and knowledgeable, with experience in governance structures. Be able to dedicate time to Audit Committee activities. Have strong analytical skills, persuasion abilities, and good communication skills.

Requirements

  • Grade 12 plus a tertiary qualification in Information and Communication Technology, Law, Risk Management, Business Management/Administration, or any relevant field related to the services of the Department of Transport – Government Fleet Management Services Trading Entity.
  • At least five (5) years at an executive level in an organization, in a field relevant to the qualification. Served on an Audit Committee or governance structures for at least two (2) years. Be a member of a recognized professional body.
  • Understanding of the oversight and regulatory framework for the public sector, including PFMA, Treasury Regulations, and similar.

Duties

  • Monitor and review the performance and effectiveness of the Internal Audit Function, including approval of Internal Audit Services Coverage Plans and Policies. Review the Auditor-General South Africa’s independence, objectivity, and the effectiveness of the audit process.
  • Review the Annual Financial Statements for abnormal or significant transactions and disclosures, and provide advice. Consider the entity’s risk and ethics management policies and advise on strategies for effective implementation.
  • Monitor and review the financial and non-financial performance of the entity against service delivery expectations.
  • Review the adequacy and effectiveness of internal control and governance systems. Consider ICT infrastructure and systems for adequacy and effectiveness in service delivery.
  • Review compliance with legal and regulatory provisions. The Audit Committee reports directly to the Head of Department and the Member of the Executive Council (MEC) of the Department of Transport. It may present to other oversight structures as needed.
  • Preference will be given to candidates with experience in ICT operations, Law, and Risk Management.

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