ARC Vision
"Excellence in Agricultural Research and Development"
The ARC's vision reflects its core business and celebrates its unique role, acknowledging its position as the principal agricultural research institution in South Africa.
The vision highlights the need to harness ARC capabilities to ensure that it becomes an organization known for i...
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Invitation To Serve On The Arc Audit and Risk Committee -(Three (3) Years Contract) (Central Office Hatfield)
The ARC (Agricultural Research Council) seeks to appoint 3 independent, suitably qualified persons with knowledge of, inter alia, audit, finance, supply chain management, law, human resources, investigations, risk management, corporate governance and information technology, as well as Agricultural Sciences to serve on the Audit & Risk Committee.
Key performance areas:
Oversight on internal control environment, including processes and systems for financial reporting.
Oversight on the preparation of annual financial statements in accordance with the PFMA and related Treasury Regulations, including the applicable accounting framework.
Oversight on Audit processes (Internal Audit and External Audit).
Oversight on Asset Portfolio Management.
Oversight on the implementation of improvements on areas identified by internal auditors and the Auditor-General South Africa (AGSA).
Provide oversight in the review and monitoring of Enterprise-wide risk management, anti-corruption and combined assurance processes.
Provide guidance on ICT governance, controls, access, safeguarding of information and Business Continuity management processes.
Overseeing of the implementation of sound corporate governance principles.
Review compliance with laws and regulations, code of ethics and conduct and other related requirements.
Advising/guiding/supporting the institution and Council on any other relevant matter of significance
Requirements
A B Com or B Compt. Degree in Financial Accounting or Auditing, a Degree in Economics or a Degree in Law.
A minimum of 8 years Executive experience and 5 years’ experience in the Audit and Risk Committee, preferably in a public institution is required.
The following will be added advantage: A Master’s Degree or Higher Degree(s) in any of the above as well as registration with relevant professional bodies such as SAICA, IIA, IRMSA, LPC.
A minimum of eight (8) years management experience in Risk/Audit/ Financial/Information Technology/Compliance/Legal environment.
Three reference letters from previous and current Risk or Audit Committees.
Analytical reasoning abilities.
Good communication skills; and understanding of the relevant regulatory frameworks. Preference will be given to Chartered Accountants, Advocates, Attorneys, Risk Management or Compliance Officers.
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