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SEDIBENG WATER
 
APPOINTMENT OF INDEPENDENT AUDIT COMMITTEE MEMBERS (X2)
 
under the Department of Human Settlements, Water and Sanitation, has its headquarters situated in Balkfontein just outside Bothaville. The entity has an operational area spanning across three (3) provinces namely: Free State, North West and Northern Cape making it one of the largest water utilities in the country.
 
The Board invites applications from suitably qualified and interested professionals to serve as members of its Audit and Risk Committee in line with the provisions of Section 51(1) and 77 of the Public Finance Management Act, 1 of 1999, read with regulation 27.1 of the Treasury Regulations.
 
ESSENTIAL REQUIREMENTS: A relevant degree or equivalent qualification in Accounting, Risk Management, legal and/or Auditing. Proven expertise and experience in the fields of financial management; risk management; performance management and internal auditing is a pre requisite. Excellent communication skills (verbal and written). Applicants must not be in the employment of any Government institution. Knowledge of the Public Finance Management Act and its Treasury Regulations, CRAP standards and legislation governing the Public Sector will serve as an added advantage.
 
 
DUTIES: The Audit Committee will carry out its responsibilities as legislated by the Public Finance Management Act and Treasury Regulations, and operate according to its approved charter. The roles and responsibilities of the Audit and Risk Committee are clearly defined in the approved charter of the Committee. The Committee will fulfil its oversight responsibilities to ensure that the Board maintains effective, efficient and transparent systems of financial and risk management and internal control. The Committee will review the effectiveness of the Internal Audit Activity and provide direction; the work of external auditors and the Board’s financial statements. The Audit Committee will also ensure compliance with legislation and assist the Board (Accounting Authority) in the effective execution of their responsibilities by reporting and making recommendations to the Accounting Authority on a regular basis.





SEDIBENG WATER – APPOINTMENT OF INDEPENDENT AUDIT COMMITTEE MEMBERS (X2)
21/8/2020

 







 
SEDIBENG WATER
 
APPOINTMENT OF INDEPENDENT AUDIT COMMITTEE MEMBERS (X2)
 


 
Sedibeng Water is a State-Owned Entity under the Department of Human Settlements, Water and Sanitation, has its headquarters situated in Balkfontein just outside Bothaville. The entity has an operational area spanning across three (3) provinces namely: Free State, North West and Northern Cape making it one of the largest water utilities in the country.
 
The Board invites applications from suitably qualified and interested professionals to serve as members of its Audit and Risk Committee in line with the provisions of Section 51(1) and 77 of the Public Finance Management Act, 1 of 1999, read with regulation 27.1 of the Treasury Regulations.
 
ESSENTIAL REQUIREMENTS: A relevant degree or equivalent qualification in Accounting, Risk Management, legal and/or Auditing. Proven expertise and experience in the fields of financial management; risk management; performance management and internal auditing is a pre requisite. Excellent communication skills (verbal and written). Applicants must not be in the employment of any Government institution. Knowledge of the Public Finance Management Act and its Treasury Regulations, CRAP standards and legislation governing the Public Sector will serve as an added advantage.
 

 
DUTIES: The Audit Committee will carry out its responsibilities as legislated by the Public Finance Management Act and Treasury Regulations, and operate according to its approved charter. The roles and responsibilities of the Audit and Risk Committee are clearly defined in the approved charter of the Committee. The Committee will fulfil its oversight responsibilities to ensure that the Board maintains effective, efficient and transparent systems of financial and risk management and internal control. The Committee will review the effectiveness of the Internal Audit Activity and provide direction; the work of external auditors and the Board’s financial statements. The Audit Committee will also ensure compliance with legislation and assist the Board (Accounting Authority) in the effective execution of their responsibilities by reporting and making recommendations to the Accounting Authority on a regular basis.





TERM OF OFFICE AND REMUNERATION: The term of office of appointed candidates will be six (6) months, after which it will be reviewed by the Accounting Authority. Persons appointed to the Audit and Risk Committee will be remunerated at rates determined by the Board.
Applications must be accompanied by an updated comprehensive curriculum vitae as well as copies of qualifications, identity document and drivers’ licence.
 
Applications should be forwarded via email to: Human Resources Executive, [email protected]
 
Enquiries : Mr Toto Molobye, tel.: (056 515 0200)
 
Closing Date : 04 September 2020 (applications received after the closing date will not be considered)
 
Please note that applicants who have not heard from us within two (2) weeks after the closing date should accept that their applications were unsuccessful.


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