In accordance with the provisions of Section 166 of the 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 Municipal Council, Accounting Officer and the Management of the Municipality. Applications and nominations are hereby invited from members of the public to serve as Audit and Performance Committee members for Govan Mbeki Municipality. Candidates who meet the basic requirements listed below may apply directly or be nominated for consideration.
CLOSING DATE : Friday, 10 May 2019 at 16:00
TERM OF OFFICE: Three (3) years for all the members.
REMUNERATION: Members will be remunerated in accordance with the Council Resolution.
AUDIT & PERFORMANCE COMMITTEE MEMBER
Prospective applicants with a mix of the following skills and experience are being targeted: An appropriate Bachelor’s degree or equivalent qualification in any of the following fields: Accounting, Audit and Financial Management, Chartered Accounting, General Management and Administrative qualifications, Knowledge of appropriate legislation, especially the Municipal Finance Management Act, 2003 (Act No. 56 of 2003), The Municipal System Act, 2000 (Act No. 32 of 2000) and the Performance Management Regulation, 2001.
Audit Committee: Legal experience, including forensic investigations especially if combined with some auditing experience.
Proven experience in serving as an Audit Committee Member in a local government institution
Interest in local community affairs and the ability to contribute to transparent administration and good governance
Sound knowledge and understanding of local government issues and national development imperatives
Performance Audit Committee: Appropriate knowledge of Performance Management System and Performance Evaluations. Person with expertise in Legal and Information technology will have an added advantage. Registration with a professional body.
Act as an advisory committee to the council and its committees and senior management officials in terms of the Municipal Finance Management Act, and Municipal System Act
Audit Committee will advise on:
Performance Audit Committee will advise on: