Assistant Director: Corporate Governance

About the role

To promote corporate governance practices within public entities reporting to the Minister of Finance in compliance with the Public Finance Management Act (PFMA), Companies Act, Memorandum of Incorporations, Founding legislations and any other governance prescripts.

What you will need

• A Grade 12 is required coupled with a minimum National Diploma (equivalent to NQF level 6) or Bachelor’s Degree (equivalent to NQF level 7) in Law or Commerce or Accounting or Finance.
• Knowledge of the PFMA, Companies Act, King Code and other relevant prescripts.
• Knowledge of government frameworks governing public entities.

Experience

A minimum 3 years’ working experience is required. Working experience obtained in public entities corporate governance oversight environment.

Key responsibilities

• Public Entity Prescripts Review: Develop and review National Treasury public entity oversights framework, governance protocols, and compliance matrix.
• Review and provide inputs on the reviewing of the public entities enabling legislation, memorandum of incorporation, dividend policies, and remuneration policies.
• Promote Good Corporate Governance: Provide recommendations on appointment of members of boards and executive management in compliance with entities enabling legislations or memorandum of incorporations.
• Provide recommendations on remuneration of executive and non-executive directors of public entities in compliance with remuneration guidelines, policies and applicable legislations.
• Provide recommendations on the performance evaluations of members of boards.
• Coordinate annual general meetings and provide advice on matters to be executed at the annual general meetings.
• Public Entities Compliance Monitoring: Maintain a database of annual performance plans, corporate plans, strategic plans, shareholder compacts, and annual reports.
• Monitor compliance of PFMA, Companies Act, King Code and other relevant prescripts through the 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 applicable sections of the PFMA pertaining to 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 period.
• Provide governance services to all other schedule 2 and SBs entities.
• Coordination of Contingent Liability: Provide secretariat services to the Fiscal Liability Committee.

Additional details

• Grade: Provincial

How to apply

• Enquiries: enquiries only (No applications): [email protected] 126