Audit Committee Members (X2)

Unemployment Insurance Fund

Centre: Pretoria 

Remuneration:  Members will be remunerated according to rates approved by the Department of Employment and Labour in line with the circular/guidelines issued by AGSA

Enquiries:  Ms N Mthalane, Tel: (012) 337 1121/1609

Requirements:  Applications are invited from suitably qualified and experienced candidates for appointment as members of the Audit Committee of Department of Employment and Labour: Unemployment Insurance Fund.  A relevant three-year tertiary or equivalent qualification in Commerce, Administration, Strategic Management, Monitoring and Evaluations, Law, Information and Communication Technology or related studies.

Term of office: These appointments are for a period of three (3) years, but may be subject to renewals at the discretion of the UIF’s Accounting Authority

Experience: Applicants must have expertise in labour, insurance, auditing, finance, investments, legal environment, ICT governance, cybersecurity, data analytics etc. Knowledge of Public Finance Management Act, Protection of Personal Information Act, National Treasury and the public service related legislation will be an added advantage. Professional certifications such as Certified Internal Auditor, Chartered Accountant SA, Certified Information Systems Auditor, Certified in the Governance of Enterprise IT etc. will be an added advantage. The applicants should be knowledgeable on the status of their positions as member of the Audit Committee.  Knowledgeable people who keep up to date with the developments of auditing, accounting profession and developmental aspects.  Members of recognised body, a person who has Government interest in delivering a better service to its citizens.  Candidates should have been exposed in the auditing, governance, compliance and risk management environment for more than ten years.  Experience in serving in the oversight committees will be an added advantage. Candidates should have strong analytical abilities, and interpersonal skills. 

Duties: The Audit Committee members will carry out their responsibilities, as stipulated in the Public Finance Management Act and its Regulations and operate according to the approved UIF Audit Committee Charter. The Audit Committee members will perform oversight responsibilities to ensure that the Unemployment Insurance Fund maintains effective, efficient and transparent system of financial, risk management and internal control. Review the following:  The effectiveness of internal control system • The effectiveness of the internal audit function and provide direction •The risk areas of the Funds’ operations to be covered in the scope on internal and external audits •The adequacy , reliability and accuracy of the financial information provided to management and users of such information •Any accounting and auditing concerns identified  as a result of internal and external audits •Department compliance with legal and regulatory provisions •The activities of internal audit function including its annual work programme , coordination with external auditors , reporting of significant investigations and the responses of management to specific recommendations. 

Applications:  Director: Internal Audit

UIF Head Office P.O. Box 1851 Pretoria 0001 , or hand deliver 230 Lillian Ngoyi Street, Pretoria 

 

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