Invitation for applications to serve on the audit committee of the NFVF
Audit Committees of the National Film and Video Foundation in terms of Section 76 and 77 of the Public Finance Management Act, Act No 1 of 1999 as amended read together with Chapter 3 of the Treasury Regulations.
Responsibilities: The Audit Committee is an advisory committee charged with fulfilling oversight responsibilities with regard to governance, risk management, and internal control matters to assist the department to achieve its strategic goals and objectives. The roles and responsibilities of the Audit Committee and consequently its members are clearly outlined in the Audit Committee Charter and are in line with the provisions of Chapter 3 of the Treasury
Regulations and King IV Report. The Audit Committee will meet at least four times a year, however, special meetings may be held.
Requirements: CA (SA) qualification. Expertise in Information Technology, Accounting, Auditing, Financial and Risk Management. Relevant tertiary qualification. Skills, competence, and experience in serving on Audit Committees of Public Entities. Sound knowledge of the principles of Corporate Governance.
Competence and Attributes: Analytical skills. Excellent communication skills (verbal and written), Interpersonal relations. Knowledge and understanding of the Public Finance
Management Act (PFMA) and Treasury Regulations, and other relevant legislation/policies, e.g. GRAP, National Treasury Instructions and Practice Notes. Knowledge and understanding of the roles of Internal and External Auditors.
Remuneration: The non-official members of the Audit Committee are remunerated in accordance with Treasury Regulation 20.2.2 and 20.2.1 for official members willing to serve on the Audit Committee.
If you have not been contacted within one month of the closing date, please accept your application as being unsuccessful.
Applications must be accompanied by a detailed CV, certified copies of qualifications and ID.
For the attention of the National Film and Video Foundation Council
Email address email@example.com
Ms. S. Zwane
Tel: 011 483 0880
Closing date: 09 November 2018