Category:

Grade :
Total Package: The appointed candidates will be remunerated for the time spent at meetings at rates approved by the BCMM Council.
Reference:


Requirements

Postgraduate degree in any of the following:

• Accounting, financial Management, Risk Management Auditing, Legal, IT and/or Performance Management.


• Minimum of 8 years’ experience working at Senior Management level in any of the following fields: Internal Auditing, Risk Management, Auditing, Accounting, Legal, IT and/or Performance Management.


• Minimum experience of 6 years serving on the audit committee/ Risk management committee.


• Professional certification (CA, CIA, CISA) will be an added advantage


• Proven expertise and experience in the fields of financial management, auditing, risk management and performance management


• In-depth understanding of internal auditing, risk management, financial management, information technology, human resources management and municipal legislation


• Preparedness to be subject to security clearance.

 

Key Performance Areas

• Chair the Buffalo City Metropolitan Municipality’s Risk management committee.


• Lead the Committee in conducting its activities in terms of the Public Sector Risk Management Framework, MFMA, Risk Committee Charter and King IV Report on Corporate Governance.


• To review and monitor implementation of the Risk Management Framework, policies, and Strategy within the municipality.


• Assist the Accounting Officer in addressing its oversight requirements of risk management and evaluating and monitoring the institution’s performance with regards to risk management.


• To formulate, promote and review the institution’s ERM objectives, strategy and policy and monitor the process at strategic, management and operational levels.


• Evaluate the effectiveness of mitigating strategies to address the material risks of the Institution; Report to the Accounting Officer any material changes to the risk profile of the Institution;


• To review risk appetite and tolerance levels and recommend for approval.


• To provide proper and timely reports to the Accounting officer and Audit Committee on the state of Risk Management. 


• Perform any other duties of the Risk Management Committee as specified in the terms of reference (Committee Charter).

 

 

 

 

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Contact:

NB:  Written applications accompanied by a comprehensive CV, originally certified copies of qualifications and ID, and a motivation to serve as a Chairperson or member of the risk Management Committee must be sent by post or hand delivered to:

By Post

The City Manager

Buffalo City Metropolitan Municipality

P O Box 134,

East London

5200

By hand

The City Manager

Buffalo City Metropolitan Municipality

Trust Centre, 10th Floor

Corner Oxford/ North End Streets

East London

5201

Faxed or e-mailed applications and those without the relevant accompanying documents will not be considered. All qualifications and references will be verified. Further enquiries may be directed to Ms. S.P Xoki at telephone No. (043) 705 9086/ 96 during office hours.

Closing date: 22 March 2024 at 12:00

 

Applicants who are not invited for interviews within (30) working days should regard their application as having been unsuccessful as correspondence will only be limited to short-listed candidates.

 

Closing Date: 2024-03-22