Independent Audit and Risk Specialist

2 weeks ago


Johannesburg, South Africa Six Sense Consulting Full time

**Main Purpose of Job**
The primary objective of the Audit and Risk Management Committee is to assist the Accounting Officer

to discharge his/her duties in respect of audit and risk management with the ultimate aim of achieving the Agency objectives.

**Qualifications & Experience**
- A CA (SA) registered with The South African Institute of Chartered Accountants (SAICA)
- Relevant Degree in Risk Management required
- The applicant is required to be affiliated with the relevant Professional bodies namely, the Independent Regulatory Board for Auditors (IRBA) and/or the Institute of Risk Management South Africa (IRMSA)
- At least 5 years experience as an Audit and Risk Committee member
- Proven expertise in audit principles, processes, compliance management, accounting, governance as well as risk management
- 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

**Key Responsibility Areas**:

- Provide an oversight role on the review and monitoring the 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 the 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 Committees 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.



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