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RISK MANAGEMENT COMMITTEE CHAIRPERSON

JOB DESCRIPTION:
In terms of Section 38 of the Public Finance Management Act (PFMA), Phumelela Local Municipality calls on qualified and interested person to serve as a Chairperson of Risk Committee for two (2) years.

CANDIDATE REQUIREMENTS:
The ideal candidate should have a Bachelors Degree and further qualifications such as CIA / MBA / MBL with five to ten years’ managerial experience gained from Audit / Financial / Risk Management environment • Experience in or knowledge of the Public Finance Management Act, COSO framework, and Public Sector Risk Management Framework will be considered as an additional advantage • In addition to the above, the candidate should demonstrate experience in participating in governance structures, ability to dedicate time to the activities of Phumelela Local Municipality’s Risk Committee, have an inquisitive personality within reasonable levels of probing, analytical reasoning abilities and good communication skills, and a fair understanding of the regulatory framework within which local government operates.

TERM OF APPOINTMENT:
Appointments will be made for a period of 2 years • This is not a full-time appointment •
The Risk Committee has four statutory meetings per annum and additional meetings may be convened as deemed by the Chairperson or the municipality.

DUTIES:
The primary objective of the Risk Committee is to assist the accounting Officer to discharge of his/ her duties in respect of risk management with an ultimate aim of achieving the Phumelela Local Municipality’s objectives • Review and monitor implementation of risk management framework, policy, charter and strategy within the Municipality• Ensure Integration of risk management into planning, monitoring and reporting processes • Provide advice / guidance on setting risk of appetite and review risk appetite and tolerance levels • The Committee is expected
to conduct its activities in terms of the Public Sector Risk Management Framework, PFMA, Risk Committee Charter and King III Report on Corporate Governance •
• Provide proper and timely reports to the Accounting Officer and Audit Committee on the state of risk management, together with aspects requiring improvement accompanied by the Committee’s recommendations to address such issues.

REMUNERATION:
Compensation will be in accordance with that of Audit Committee members as determined by National Treasury and / or Auditor-General. Schedules in this regard are issued annually with specific hourly or daily rates • All other refundable expenses are based on Phumelela Local Municipality’s related policies in line with the National Treasury guidelines.

SUBMISSION OF APPLICATIONS:
Phumelela Local Municipality is an equal opportunity employer and appointment will be made in accordance with the Phumelela Local Municipality’s Recruitment and Selection Policy.

The Municipality reserves the right not to make an appointment.

PLEASE NOTE THE FOLLOWING:
Applications will not be acknowledged and only short-listed candidates will be invited for interviews • Canvassing, fraudulent qualifications, information and documentation will immediately disqualify any applicant • If you do not receive a response within 3 months of the closing date, please accept that your application was unsuccessful.

Applications, specifying the post applied for and accompanied by a comprehensive CV and certified copies of qualifications, ID and driver’s license, must be delivered to the Director: Corporate Services at the Phumelela Local Municipality Crn: Kuhn & Prinsloo Street Vrede, or posted to Private Bag x 5, Vrede, 9835.
Please note that no faxed or e-mailed applications will be accepted.

CLOSING DATE: 07 OCTOBER 2016

For Enquiries please contact Mrs NF Malajtie on 058 913 8300

Mr B.W. Kannemeyer
Municipal Manager