Website National Treasury
The National Treasury is responsible for managing South Africa’s national government finances. Supporting efficient and sustainable public financial management is fundamental to the promotion of economic development, good governance, social progress and a rising standard of living for all South Af… read morericans. The Constitution of the Republic (Chapter 13) mandates the National Treasury to ensure transparency, accountability and sound financial controls in the management of public finances. The National Treasury’s legislative mandate is also described in the Public Finance Management Act (Chapter 2). The National Treasury is mandated to promote government’s fiscal policy framework; to coordinate macroeconomic policy and intergovernmental financial relations; to manage the budget preparation process; to facilitate the Division of Revenue Act, which provides for an equitable distribution of nationally raised revenue between national, provincial and local government; and to monitor the implementation of provincial budgets. As mandated by the executive and Parliament, the National Treasury will continue to support the optimal allocation and utilisation of financial resources in all spheres of government to reduce poverty and vulnerability among South Africa’s most marginalised. Over the next 10 years National Treasury priorities include increasing investment in infrastructure and industrial capital; improving education and skills development to raise productivity; improving the regulation of markets and public entities; and fighting poverty and inequality through efficient public service delivery, expanded employment levels, income support and empowerment. 120 Plein Street Cape Town
Qualification/s Requirements
A Grade 12 certificate, A Bachelor’s degree (minimum of NQF level 7) in Economics;
A minimum 5 years’ experience at a senior managerial level obtained in strategic management, and management of policy processes and project management;
Knowledge and experience of policy development and implementation;
Knowledge of the Public Service policy framework on intergovernmental fiscal relations;
Expertise in public financial management and governance;
Knowledge of innovative strategies on poverty eradication, inequality and discriminating practices hampering development within South Africa; and
Successful completion of the Nyukela Public Service Senior Management Leadership Programme by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/ , prior to finalisation of an appointment.
Key Performance Areas
Financial Planning and Budgeting:
Liaise with departments and provincial treasuries on financial management and budgeting, policy development and implementation;
Co-ordinate the annual budget process, sectoral expenditure review processes and intergovernmental technical committees;
Maintain sound relationships with key stakeholders in the sectors and pursue a process of modernisation and reform;
Communicate latest trends and processes for implementation in annual budget process; and
Analyse departmental budgets and policy proposals for departments in the sectors.
Budget Analysis and Monitoring:
Provide strategic direction in government financing of the sectors, including financing mechanisms and levels of funding;
Co-ordinate the analysis of budget submissions and budgetary contributions to budget documentation (Medium-Term Budget Policy Statement, Budget Review, Estimates of National Expenditure and Intergovernmental Fiscal Review);
Participate in fiscal and budget processes at national and provincial level, prioritise budget co-ordination, overall fiscal framework, division of revenue, and national and provincial main and adjustment estimates; and
Initiate budget reform in the sectors, the further development of three-year budgets (MTEF) cycle, service delivery indicators and the integration of strategic planning.
Financial Management, Expenditure and Service Delivery:
Liaise and monitoring the development and reporting of systems and databases;
Monitor the correct implementation of the Public Finance Management Act;
Advise and monitor the implementation and interpretation of the treasury regulations; and
Oversight over a number of public entities.
Policy analysis and implementation:
Analyse and influence policy and advice to the Ministry of Finance, National Treasury and other stakeholders;
Process/ Design for participation in sectoral policy processes, institutional reform & implementation, support for strengthening coherence of policy processes, policy analysis and costing; and
Contribute to budget documentation.
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Apply via company website ( http://www.treasury.gov.za ) or
erecruitment.treasury.gov.za