Audit and Risk Committee Chairperson

4 days ago


Johannesburg, Gauteng, South Africa Housing Development Agency Full time
Job title : Audit and Risk Committee ChairpersonJob Location : Gauteng, JohannesburgDeadline : April 14, 2025Quick Recommended Links
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Key Performance Areas:

The incumbent's duties will be to:

  • Provide an oversight role on the review and monitoring implementation of the audit and risk management framework, policy, charter and strategy within the Agency,
  • Provide guidance on integration of risk management into planning, monitoring and reporting processes.
  • Provide advice/guidance on setting and review of the risk appetite, tolerance levels, and anti-fraud measures.
  • Assist the Committee in conducting its activities in terms of the Public Sector Risk Management Framework, PFMA, Audit and Risk Committee Charter and King IV Report on Corporate Governance.
  • Provide proper and timely reports to the accounting authority on the state of risk management, together with aspects requiring improvement accompanied by the Committee's recommendations to address such issues.
  • Perform any other duties of the Audit and Risk Management Committee as specified in the terms of reference (Committee Charter).
  • Report annually to the Executive Authority through the Audit and Risk Committee.

Qualifications & Experience

  • A CA (SA) qualification is required
  • Relevant Degree majoring in Risk Management
  • Proven expertise in financial management, accounting, risk and compliance management Information Technology and its governance
  • Must be registered with related professional bodies, namely the South African Institute of Chartered Accountants (SAICA) Independent Regulatory Bord (IRBA) and Institute of Risk Management (IRMSA)
  • At least 5 years' experience as an Audit and Risk Committee member
  • Extensive knowledge of internal controls, public sector reporting and compliance processes Excellent experience and knowledge of public sector legislation in working with the PFMA /SCM legislation/Public Finance and public entities.
  • Leadership skills
  • Excellent relationship skills and operate with integrity and in line with organizational values
  • Must be willing to dedicate time and effort into the role so as to provide oversight
  • Must be knowledgeable about the fields that the Committee will be providing oversight on (strategy and organizational performance, information Technology, Legal, Finance, Audit and Risk management)
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