REQUIREMENTS :
Applicants for the Financial Misconduct Committee Chairperson must be in possession of a matric plus a postgraduate degree or equivalent qualification as recognized by SAQA, with at least 10 years or experience in the following fields: Accounting, Auditing, Risk Management, Financial Management, Compliance, or Law/Investigation. Attributes: Financial Misconduct Committee applicants must have knowledge of the Public Sector and sound experience in Governance and Risk Management, Auditing, Legal with good understanding of Corporate Governance, Public Finance Management Act and Treasury Regulations, DPSA Guideline on National Departments PFMA Compliance and Reporting Framework.
DUTIES :
Successful Financial Misconduct Committee Chairperson applicants will be required to exercise their oversight towards IPID financial misconduct management through the effective execution of the Financial Misconduct Committee as outlined in the Terms of Reference in line with the PFMA, Treasury Regulations, Public Service Act, IPID Act and the PFMA Compliance and Reporting Framework.
Independently investigate allegations of financial misconduct (unauthorized, irregular and fruitless and wasteful expenditure) and make recommendations on appropriate actions. Monitor the progress of disciplinary hearings against transgressors to ensure application of consequence management. The Financial Misconduct Committee will report to the Executive Director to strengthen its oversight responsibilities. The Committee will meet at least four times (4) per annum, with authority to convene additional meetings as circumstances require.