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 is required coupled with a minimum National Diploma (equivalent to NQF level 6) or Bachelor’s Degree (equivalent to NQF level 7) in Commerce or Accounting;
A minimum 4 years’ experience of which 2 years should be at an Assistant Director or equivalent level obtained research and policy development techniques;
Knowledge of the broader public service frameworks, e.g., PFMA, MFMA, TR, etc.
Key Performance Areas
Development of frameworks, policies and guidelines in accounting, internal audit, and risk management:
Research and development of guidelines, frameworks based on best practices;
Research and development of policies based on standards and the identified gaps (provided by the support CD’s), including the review of existing policies;
Participate in the development of intervention strategies to improve internal audit, risk and financial management capability of clients based on the results of the financial capability maturity model;
Participate in the development of local and international standards on internal auditing, risk and financial management by attending meetings and preparing the comment letters on exposure drafts;
Report regularly on progress on framework, guideline and policy formulation;
Liaison with the auditor-general and the ASB on technical queries;
Development of internal audit (including audit committees), risk management and financial reporting templates and specimens;
Research and development of implementation tools in support of the implementation of the GRAP standards;
Develop and maintain the standard chart of accounts for government; and
Participate in the design of system requirements to support the accounting and internal control prescripts in government.
Implement Accounting Frameworks, Standards and Guidelines:
Provide support and advice on internal audit and controls, risk and financial management to chief directorates within the OAG and to key external stakeholders;
Participate in knowledge sharing initiatives such as the SAICA technical forum, IIA technical committee, SAICA PSC; and
Conduct handover session with the support units on the frameworks, guidelines, standards and policies.
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Apply via company website ( http://www.treasury.gov.za ) or