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
Master’s. degree in Economics, Business Administration, Finance, Banking or related qualification recognised by SAQA;
At least 15 years’ relevant senior managerial experience in the Public Service, a Multilateral Development Bank, or other International Financial Institutions; and
The successful candidate will be employed additional to the establishment in terms of the Public Service Act, 1994 (Proclamation No. 103 of 1994) and its Regulations. Should a National Treasury employee/internal candidate be successful, their term of employment will be converted to a fixed term contract linked to the period of assignment, and they will be employed additional to the establishment.
Key Performance Areas
Provide strategic vision for the Office of the Executive Director on Bretton Woods Institutions policies, Constituency Countries, and operational issues;
Approve policies and lending applications to client countries and ensure the Board’s role in the governance and oversight of agencies of the World Bank Group (WBG);
Inform the countries represented in the Constituency of the issues before the Board of Executive Directors;
Present to the Board of Governors at the Bank’s Annual Meeting, an audit of accounts, an administrative budget, and an annual report on the operations and policies of the Bank, as well as any other matters that, in their judgement, require submission to the Board of Governors;
Fulfil a dual function as an official of the institution and representative of the other member countries;
Prepare and articulate the positions of Constituency Member Countries in Executive Board and Committees;
Maintain cordial relationships with other Executive Directors, to build consensus on issues affecting Africa and developing countries;
Provide advice and relevant information to Constituency Member Countries;
Advise and prepare the policy agenda for Governors’ Constituency meetings; and
Act for the Executive Director with full powers when the Executive Director is not present.
Apply via company website ( http://www.treasury.gov.za ) or
erecruitment.treasury.gov.za
To apply for this job please visit erecruitment.treasury.gov.za.