Qualification/s Requirements
A Grade 12 is required, coupled with a Bachelor's degree in Law, Commerce, Accounting, Finance, Compliance or Risk Management.;
A minimum 4 years' experience of which 2 years should be at an Assistant Director level or equivalent working experience obtained in public entities corporate governance environment;
Knowledge and experience in application of the PFMA, Companies Act, King Code and other relevant prescripts; and
Knowledge of government policies and frameworks governing public entities.
Key Performance Areas
Public Entity Prescripts Review:
Develop and review National Treasury public entity oversights framework, governance protocols, compliance matrix, etc.; and
Review and or provide inputs on the review of the public entities enabling legislation, memorandum of incorporation, dividend policies, and remuneration policies, etc.
Promote Good Corporate Governance:
Provide recommendations on appointment of members of boards and executive management in line with the entities enabling legislations or memorandum of incorporations;
Provide recommendations on remuneration of executive and non-executive directors of public entities in line with remuneration guidelines, and policies as well as applicable legislations;
Provide recommendations on the performance evaluations of boards; and
Coordinate annual general meetings and provide advice on matters to be transacted at the annual general meetings.
Public Entities Compliance Monitoring
Facilitate the submission and maintain a database of annual performance plans, corporate plans, strategic plans, shareholder compacts, and annual reports;
Monitor compliance with enabling legislation, PFMA, Companies Act King Code and other relevant prescripts through review the corporate governance aspects of the annual performance plans, corporate plans, strategic plans, shareholder compacts, and annual reports;
Review and process applications in terms of section 52,55 and 92 of the PFMA applications from public entities;
Provide inputs on the tabling of annual performance plans, corporate plans, strategic plans, shareholder compacts, and annual reports;
Maintain a database on dividends declared and received by government emanating from the SOE's projected dividends within a particular MTEF.;
Provide governance services to all other schedule 2 and 3Bs entities; and
Coordination of Contingent Liability:
Provide secretariat services to the Fiscal Liability Committee.