Invitation to Serve on the Audit Committee Members (X5) at Greater Giyani Municipality

• Section 166 of the Municipal Finance Management Act, 2003, requires Council to appoint an Audit Committee which will serve as an independent advisory body, in accordance with these provisions of the MFMA and Local Government Municipal Planning and Performance Management Regulation of 2006, the Greater Giyani Municipality seeks to appoint suitable qualified professionals to serve as Audit Committee members

Requirements:

• Relevant qualifications in any of the following: "Accounting, Financial Management, Internal Auditing. Auditing, Performance Management, Legal and Engineering "Minimum experience of 5 years in any of the folowing: Internal Auditing, Rask Management, Auditing, Accounting, Engineering, IT and/or Performance Management at senior management level. "Professional qualification will be an advantage Must be a member of a relevant professional body (SAICA, IA, IRMSA, ECSA etc) "in-depth understanding and experience of Municipal environment and relevant legislations.

"Applicants will be subjected to security clearance.
Functions: Successful candidates will be expected to render the following services: 

• Advise the municipal Council, the accounting officer and management of the Municipality on the following matters: "Internal Control and Internal Audits "Risk Management "Performance Management "Effective governance "the Annual Division of Revenue "Performance evaluation "Review the annual financial statements to provide the Council with an authoritative and credible view of its financial position, its efficiency and effectiveness and its overall level of compliance with the MFMA, DORA and any other applicable legislation "Respond to the Greater Giyani Municipality on any issues raised by the Auditor General in the audit report "Carry out such investigations into the financial affairs of Greater Giyani Municipality which Counc may request and any other issues referred to it by the Municipality.

Terms of Office and Remuneration:

• The term of office for the appointed candidates will be three (3) years, thereafter, it will be subject to review by Council. However, successful candidates will not be allowed to serve in more than three (3) Audit Committees in Government to ensure effectiveness as contained in circular 65 of the MFMA Persons appointed will be remunerated in terms of the National Treasury Regulations at rates approved by Council