INVITATION TO SERVE ON THE AUDIT AND RISK COMMITTEE AS ICT SPECIALIST

SUMMARY:
Amatola Water is a State-owned, water services enterprise established in terms of Water Services Act. As a public utility, its prime function is to provide water services to Municipalities, industry and other communities. Amatola Water’s service area includes Buffalo City, the Amathole District and positions of adjoining districts in the central Eastern Cape.

POSITION INFO:
Amatola Water Board hereby invites applications from suitably qualified and experienced candidates for the appointment as external independent members of its Audit and Risk Committee.

TERMS OF APPOINTMENT

The successful candidates will be appointed for initial period of 3 years, which may at the Board’s discretion, be renewed for another 3 year term. The contract will be reviewed annually based on performance and attendance.

PROPOSED MEETING INTERVALS
The Audit and Risk Committee meets at least four times per annum but if circumstances demand, special meetings may be held.

REMUNERATION
Audit and Risk Committee members are remunerated per meeting at a rate equivalent as determined by the Department of Water and Sanitation per Policy regarding the Board Practices and the Remuneration of Board Members of the Entities reporting to the Minister of Water and Sanitation.

MINIMUM REQUIREMENTS

Qualifications

• Appropriate Postgraduate/Honours Degree (NQF 8) in Computer Science, Information and Communication Technology (ICT).
• Must be registered with a relevant professional body such as:
• Certified Internal Auditor (CIA),
• Certified Information Systems Auditor (CISA),
• Certified Information Systems Security Professional (CISSP),
• Certified in Risk and Information Systems Control (CRISC) or
• Certified in the Governance of Enterprise IT (CGEIT) Certification will be given preference.

Experience

• 5 - 10 years of Previous experience of participation and leadership in the ICT Steering Committee /Audit and Risk Management Committee.
• The candidate must have 5 to 10 years of experience in Information Security (including Cyber Security), Corporate Governance and general ICT governance, particularly in the public sector or general IT industry at the Senior Management Level.

Duties
The members will amongst other duties perform the following:

• Review the annual financial statements of the Water Board.
• Review the effectiveness of internal controls, risk management, accounting policies including the adequacy, reliability, and accuracy of financial and non-financial information.
• Review the performance of the Water Board against their approved target and ensure effective performance evaluation and management.
• Oversee the effective corporate governance including compliance to the PFMA and other applicable legislation and best practice.
• Review and approval of internal audit plan and monitor the effectiveness of internal audit.
• Review and approval of Internal Audit Charter;
• Review and recommend for approval of the Audit and Risk Committee Charter; and
• Review management’s resolution of internal and external audit findings.

The Audit Committee may be required to respond to the Amatola Water Board and/or the Portfolio Committee through the Department of Water and Sanitation in terms of any issues raised by the Auditor-General in the audit report or conduct investigations on the Water Board’s affairs. Interested applicants must submit a covering letter, curriculum vitae, and certified proof of qualifications / experience and contact details of two references by e-mail or hand delivery or post to the below addresses.

APPLICATIONS
Applicants must submit:

• A detailed CV;
• Certified copies of ID & academic qualifications (not older than three (3) months); and
• Contact details of at least two (2) recent, relevant referees.
• A cover letter motivating suitability for the role;

 

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