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In accordance with the provisions of section 166 of the Local Government: Municipal Finance Management Act(No. 56 of 2003), each municipality is required to have an audit committee that will serve as an independent advisory body which will advise the Municipal Council, the Accounting Officer and the management of the municipality.
The local municipality requires 4(four) members from the public who meet the basic requirement listed below to be appointed to serve on the audit committee for a period of 3 (three) years.
BASIC REQUIREMENTS
• Expertise in either of the following:
Financial management, Accounting and Auditing
Performance Management
Risk Management
Legal
• Proven experience in serving as an audit committee member in local government institution
• Interest in local community affairs and the ability to contribute to transparent administration and good governance.
• Sound knowledge and understanding of local government issues and national development imperatives.
• Possess the following qualities:
Independence
Integrity
Objectivity
Excellent communication skills
Willingness to dedicate time and vigour to Council responsibilities
KEY FUNCTIONS
Persons who are eminently qualified will be expected to render amongst others advisory services in the following areas:
• Internal Audit
• Risk Management
• Performance Management
• Internal Controls
• Accounting Policies
• Effective Governance
• Review of annual financial statements
• Respond to Auditor General Report
• Adequacy, reliability and accuracy of financial reporting and information
REMUNERATION
Members who are appointed will be remunerated for attending meetings in accordance with the prescripts and guidelines of the National Treasury.
CLOSING DATE
The closing date for submission is 11th JUNE 2021.
Enq.:TN TSHIWANAMMBI
Municipal Manager
Notice No 12 /2021
E-mail: info@musina.gov.za
Tel.: 015 534 6100