Audit Committee Member : Three (3) Year Contract

Eastern Cape Department : Economic Development, Environmental Affairs and Tourism; East London; On-site; ZAR 200 000 - 300 000; Part time

Job summary

A provincial government department is seeking an independent Audit Committee Member for a three-year contract in East London. The role involves monitoring audit performance, reviewing financial statements, and providing governance oversight. Ideal candidates will have significant experience at an executive level and must understand regulatory frameworks applicable to public finance.

Qualifications

• Minimum 5 years’ experience at executive level in relevant field.
• 2 years of service in an Audit Committee or governance structure.
• Understanding of PFMA and Treasury Regulations.

Responsibilities

• Monitor and review performance of the Internal Audit Function.
• Review independence of Auditor-General and effectiveness of audits.
• Review Annual Financial Statements for significant transactions.

Skills

Analytical abilities

Communication skills

Persuasion

Education

Grade 12 plus tertiary qualification in relevant fields

Job description

Overview

Job title : Audit Committee Member : Three (3) Year Contract

Job Location : Eastern Cape, East London

Deadline : November 07, 2025

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Audit Committee Member : Three (3) Year Contract

• The Eastern Cape Department of Transport – Government Fleet Management Services Trading Entity calls on all independent, suitably qualified and interested persons to serve as an Audit Committee Member for a period of three (3) years.
• Terms of Office and Remuneration
• Appointment and remuneration will be in accordance with the Provincial Treasury Instruction Note No. 6 of 2014 / 15 – Framework for Appointment and Remuneration of Audit Committee Members.
• Centre : East London

Requirements

• Grade 12 plus a tertiary qualification in Information and Communication Technology, Law, Risk Management, Business Management / Administration, or any relevant qualification to the services provided by the Department of Transport – Government Fleet Management Services Trading Entity.
• A candidate must have operated at an Executive Level of an organization for a minimum of five (5) years in the field relevant to the tertiary qualification.
• Must have served in an Audit Committee or any governance structure for a minimum of two (2) years.
• Must be a member of a recognized professional body.
• Understanding of the oversight and regulatory framework governing the public sector in terms of the Public Finance Management Act (PFMA), Treasury Regulations, etc., is required.

Skills and Competencies

• Be independent and knowledgeable with experience in participating in governance structures.
• Be able to dedicate sufficient time to the activities of the Audit Committee.
• Possess strong analytical abilities, persuasion, and good communication skills.

Duties

• Monitor and review performance and effectiveness of the Internal Audit Function, including approval of Internal Audit Services Coverage Plans and Policies.
• Review the Auditor-General of South Africa’s (AGSA) independence, objectivity, and the effectiveness of the audit process.
• Review Annual Financial Statements (AFS) for abnormal and / or significant transactions of the entity and the disclosures thereof in the AFS, and advise accordingly.
• Consider the entity’s risk and ethics management policies and advise management on strategies to effectively implement these programmes.
• Monitor and review financial and non-financial performance of the entity against service delivery expectations.
• Review the adequacy and effectiveness of internal control and governance systems.
• Consider ICT infrastructure and systems for adequacy and effectiveness in the delivery of services.
• Review compliance with legal and regulatory provisions.
• The Audit Committee will report directly to the Head of Department and the Member of the Executive Council (MEC) of the Department of Transport and may be expected to appear and present to other oversight structures.
• Preference will be given to candidates with experience in ICT operations, Law, and Risk Management.

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