Chairperson Audit Committee at Public Protector South Africa

Qualifications and Experience

• Degree or equivalent qualification in the field of Accounting, Auditing, Finance, Risk Management legal, or related field
• A postgraduate qualification in MBA/CIA/CA is required Professional membership with recognised body ( e.g SAICA,CIMA,IIA or equivalent) will be an added advantage.
• Proven experience 8 -10 years Senior management experience gained from Strategic Management, Financial Accounting, Governance, Legal, Internal Auditing, Risk Management and Information Technology

Key responsibilities and Duties
Leadership and Oversight

• Provide overall Leadership to the Audit Committee and ensure it functions effectively.
• Preside over meetings, set the agenda (in consultation with management and auditors and ensure discussion remain focused and productive.
• Facilitate balanced participation and decision making within the Committee. 

Governance, Compliance and Ethics

• Oversee the integrity and quality of fi­nancial reporting processes.
• Review the institution`s ­financial statements and ensure accurate, transparent and compliant with applicable standards.
• Monitor the effectiveness of internal fi­nancial controls.

Financial Oversight

• Ensure that the Committee fulfils its statutory responsibilities as outlined in the PFMA, Treasury regulations and other applicable legislations.
• Promote adherence to sound corporate governance practices.
• Uphold the highest standards of integrity, independence and objectivity.
• Ensure that the Committee promotes ethical conduct and compliance throughout the institution.

Stakeholder Management

• Ensure effective oversight of the institution`s risk management framework.
• Monitor the institutions’ ability to identify, manage and mitigate key risks.
• Oversee the effectiveness and independence of the internal audit function.
• Liaise with external auditors, review audit reports and monitor management
• Implementation of recommendations.