Director: State-Owned Entities Governance

REQUIREMENTS

• An appropriate NQF level 7/ degree in Auditing / Law / Accounting / Corporate Governance or relevant equivalent qualification as recognised by the South African Qualifications Authority. Five 5 years' experience at Middle/ Senior Management level in Enterprise /SOEs corporate governance oversight services of organisations/public entities. Postgraduate qualifications in Corporate Governance will serve as an added advantage.
• Skills / Competencies and Knowledge: Core competencies: At an advanced level in Strategic Capability and Leadership; Government Administrative Processes; People Management and Empowerment; Programme and Project Management; Financial Management, Service Delivery Innovation, Problem solving and analysis, Client Orientation, Customer-focused Communication.
• Technical knowledge and competencies: Knowledge of the Public Finance Management Act and Treasury Regulations. Knowledge of the Companies Act 2008, Knowledge of King IV Report on Corporate Governance in South Africa, Review and analysis of governance documents / frameworks / processes / submissions, Interpretation of Governance Legislation and Policy Frameworks, Review and Assessment of Compliance with Policies, Laws, Basic Research, Analytical Thinking, Report Writing.

DUTIES

• The successful candidate will manage and drive the development, review and implementation of the Departmental shareholder governance framework. Manage and monitor shareholder governance instruments applicable to assigned entities, including shareholder compacts, governance agreements and Memoranda of Incorporation. Manage assessments of governance performance and compliance of SOEs with shareholder compacts/governance agreements and other governance instruments. Manage the assessment of board governance, board, committee and executive evaluations, and implementation of approved governance improvement plans. Manage the Board appointment and remuneration process and analyse executive appointment submissions from assigned entities, including preparing recommendations for Ministerial consideration.
• Manage the coordination and facilitation of the Minister's participation in SOE-related governance structures annual general meetings and Minister-Board quarterly forum meetings, analysis of SOE annual reports and other reports submitted for the meetings and tabling of SOE annual reports. Manage oversight of interventions arising from audit findings within assigned entities, including assessing audit implications and recommending corrective actions. Manage preliminary assessments of allegations of misconduct across the SOE portfolio, oversight of formal investigations conducted by external service providers, and monitoring of implementation of investigation recommendations and corrective governance measures. Contributing to key result areas such as strategic functional leadership, managing human resources, managing financial resources, driving change and operational excellence, and managing and ensuring compliance.