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The Oversight Process

There is a rigorous process in the selection and approval of projects
involving several committees as outlined in the flow chart below.

Social Review and Technical Management Review Board of Directors Projects
Review Committees Committee led by the MD Committee approves
undertake a final review projects for funding
evaluate project proposals,
ensuring they meet GOJ of projects and makes JSIF Bid Evaluation
priority needs and are on recommendations to the Committee (BEC). comprising
the JSIF project menu engineers, quantity surveyors,
Projects Committee
procurement practitioners,
Procurement and Contracts financial practitioners &
Committee (PCC) endorse social scientists evaluate
project related bids and
contracts contracts submissions.

The procurement process is scrutinized to ensure transparency, loans and grants and that policies are put in place to meet

fairness and value for money. changing needs and address risk and exposure.

The Finance Committee and Audit Committee are separate The entity’s governance structure permeates every department
to ensure conformity with international best practices and of the organization. Each department such as the Finance
adherence to local and international funding, financial and and the Management Information System (MIS) have its own
accounting regulations. aligned sub-policies which are aimed at ensuring the highest
levels of efficiency in how daily operations are directed,
The Human Resources Committee gives broad-based oversight controlled, managed and held to account, risks are monitored
for the company’s industrial relations practices ensuring that and assessed and decisions taken. JSIF business processes
there is conformity to the Labour Code and other legislation that are carefully mapped with the appropriate levels of control
touch and concern human resource practices. The Committee, through an enviable management information system which
through the General Manager of Corporate Services, ensures ensures that the organization tracks and records decisions and
that policies are updated and created to satisfy new ways of activities in real time. There is a unique approach to its human
viewing human resources and employee/ employer rights and resources. The company in a bid to ensure the highest levels of
obligations. efficiency, has taken the approach that it hires persons for their
skills. As such JSIF can boast of being one of the entities of
The Internal Audit department plays an important role in government resourced with the widest range of professionals
the governance structure. The monitoring and assessing of to ensure that the objectives and targets are met.
performance against procedures is important for quality control
and continuous improvement. JSIF is an entity to emulate when it comes to comprehensive
and effective systems. The model employed by JSIF is one that
JSIF recognizes that it is important to have a dedicated is responsive and adaptive without compromising fundamental
eye viewing the systems and procedures. The Legal and principles.
Governance Unit supports the senior management team and
seeks to ensure that all JSIF’s governance structures are
aligned and synchronized with its international obligations,

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