Audit and Risk Committee Member x2

EXTERNAL ADVERTISEMENT

The Eastern Cape Gambling Board is a statutory body established to regulate gambling activities in

the Eastern Cape Province. The Board is located in the scenic coastal city of East London.

AUDIT AND RISK COMMITTEE MEMBERS

Applications for Members to serve on the Audit and Risk Committee of the Eastern Cape

Gambling Board (ECGB)

The audit and risk committee is constituted in terms of section 77 of the Public Finance Management

Act No. 1 of 1999 read with Chapter 3 of the Treasury Regulations in terms of the Act.

Section 14 (1) of the Gambling Act 5 of 1997 (Eastern Cape) (as amended) provides that the board

may appoint one or more committees to enquire into any matters referred to it by the board and to

report on that matter to the board.

As a result, the Eastern Cape Gambling Board is inviting applications from suitably qualified

candidates to serve in the entity’s Audit and Risk Committee. The appointment will be for a period

of three (3) years and may be renewed at the discretion of the board of the entity.

The appointment is not a full-time appointment and is governed by the Audit and Risk Committee

Charter (Terms of Reference). Successful candidates will be required to sign a contract and the

remuneration will be in line with the National Treasury Prescripts.

KEY PEFORMANCE AREAS

KEY PEFORMANCE AREAS

? Advise on matters relating to financial management, risk and legislative compliance,

? Manage the functional performance of Internal Audit quarterly,

? Ensure the monitoring of the implementation of a combined assurance from all the

assurance providers,

? Review the plans of both the Internal and External Audit,

? Review the reports of both Internal and External Audit and monitor implementation of

recommendations by management,

? Review the Annual Financial Statements,

? Review the implementation of the audit action plan in respect of internal and external

audit findings,

? Review the performance of the ECGB against approved targets and ensuring effective

performance evaluation and management,

? Monitor the implementation of the risk management framework and the Fraud Prevention

Plan,

? Evaluate adequacy and effectiveness of risk management processes followed by ECGB, and

? Assist the Accounting Officer or his/her delegate in determining the skills required to

improve controls and to manage fraud related risks.

MINIMUM REQUIREMENTS

? A degree or equivalent in Accounting/Finance/LLB/Risk Management/Internal Audit,

? A professional designation such as CA(SA)/CIA/CISA/CRMA,CFE or equivalent,

? At least three years' experience as an Audit Committee Member or in an audit environment

in a Government institution,

? Experience in the public sector internal and external audit, accountancy, financial

management, risk management, procurement and governance, and

? Experience in a regulatory space will be an added advantage.

COMPETENCIES

? Independence and integrity

? Have good written and communication skills

? Ability to work as a team

? Analytical and Problem solving

? Ability to provide leadership and strategic guidance

By submitting your application for a position at the ECGB, you agree and voluntarily consent to the

ECGB processing your personal information for the purposes of the recruitment and selection process

and you give the ECGB permission to do so in terms of its Data Privacy Policy.

Closing date: 24 July 2026. No late applications will be accepted.

Enquiries: Mrs N. Ntoyakhe at (043) 702-8300.

To apply for this vacancy, please visit www.ecgb.org.za/vacancies.php