Careers in Administration

Closing Date

13 September 2024 @12H00

Reference Number

N/A

Tracking Number

N/A

Job Title

Risk Management Committee

Department

Administration

Enquiries

Chief Risk Officer: Morakane Mototo

(051) 405 8382

Job Type

2 years contract

Location - Country

South Africa

Location - Province

Free State

Location - Town / City

Bloemfontein

Job Purpose

• Assist the Accounting Officer in discharging their responsibilities for risk management.

• Review risk management policy, strategy and implementation plan.

• Evaluate the extent and effectiveness of integration of risk management within the City.

• Assess implementation of the risk management policy, strategy and implementation plan.

• Evaluate the effectiveness of mitigation strategies implemented to address the material risks of the City.

• Review material findings and recommendations by assurance providers on the system of risk management and monitor implementation of such recommendations.

• Develop the Risk Management Committee’s key performance indicators for approval by the Accounting Officer.

• Interact with the Audit Committee to share information relating to material risks of the City.

• Provide timely and useful reports to the Accounting Officer/Council on the state of risk management, together with accompanying recommendations to address any deficiencies identified by the Committee.

Minimum Requirements

• A relevant qualification in Financial Management, Auditing, Risk Management, Information Technology and relevant extensive experience in the fields.

• Excellent knowledge of the Risk Management Frameworks and Corporate Governance, ICT Governance, Local Government Municipal Finance Management Act, COSO model, ISO 31000 and King IV Report.

• Knowledge and understanding of Local Government, legislation, policies and internal controls. Minimum of three (3) years serving in risk management or oversight committees.

• Membership with recognized professional bodies will serve as added advantage.

Recommendation

N/A

Key Performance Areas

N/A

Competencies

N/A

Remuneration

Appointed candidates shall be remunerated in accordance with the tariffs set by the National Treasury applicable to non-official members of Committees of Inquiry.

Notes

This is not a full time appointment. The Risk Management Committee has four (4) statutory meetings per annum and additional special meetings may be convened by the Chairperson as deemed necessary by the Committee or Accounting Officer.