INDEPENDENT BOARD AUDIT COMMITTEE MEMBER

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REF: BACM 01/2020

Background:                The Moses Kotane Institute is an entity of the KwaZulu-Natal Provincial Government through the Department of Economic Development, Tourism and Environmental Affairs (EDTEA), with a mandate of providing an internationally recognised quality research driving the economic development and innovation in the province. It does this by providing timely and accurate research to support the attainment of radically transformed, inclusive and sustainable economic growth for the province in partnerships with public and private sector. The institution is looking for interested independent and suitably qualified experts to serve on the Audit Committee of the Moses Kotane Institute. Applications are invited from South African Citizens, residing in KwaZulu-Natal.

Requirements:              A relevant post-graduate or equivalent qualification with a minimum of five years’ experience in any of the following fields: Accounting/ Auditing/ Financial Management/ Risk Management or related field. The candidate should be a registered member of a professional body, with experience of serving in an Audit or Risk or Compliance Committee.  Experience in the environment regulated by the Public Finance Management Act (PFMA) and Treasury Regulations.

Remuneration:             As per Board Remuneration Rate

Duration:                      Three years. The Audit Committee will meet at least (4) four times per annum and as determined by needs on the required oversight responsibilities.

Skills:                          Organisational and planning Skills, good verbal and written communication skills, computer literate at an advanced level. Flexibility. Adaptability. professional and ethical conduct. Good interpersonal skills. Report writing. Ability to work under extremely tight deadlines. Above average business writing skills.

Core competencies:    Public Finance Management Act (PFMA) read with Chapter 3 of the Treasury Regulations. Integrity, dedication, understanding of public sector business and controls, good communication skills and independent judgement. Analysis and problem solving, judgement and decision making, conceptual thinking.

Responsibilities:          The role and responsibilities of the Audit Committee and consequently its membership will be clearly defined the Audit Committee’s Charter and will be aligned with the provisions of Chapter 3 of the Treasury Regulations and Public Sector Internal Audit Framework.

Correspondence:          Interested candidates must submit a covering letter, CV, certified copy of ID, certified copy of driver’s licence, proof of residence and certified copies of qualifications (SAQA evaluated if foreign). Certification should not be older than 6 months. Applications must be submitted to AuditAd@moseskotane.com by no later than 28 March 2020. Reference number must appear on the subject of the email. Applications not compliant with the prescripts herein, will not be considered. MKI reserves the right to use their discretion to apply the Employment Equity Act principles in consideration of applications. For any technical queries contact Adv Lihle Mapipa on 031 266 1777. Candidates who have not heard from MKI within 6 weeks from the closing date can consider their application as being unsuccessful. Applicants will be disqualified for any incorrect information supplied. The institution reserves the right not to appoint.