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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 National Diploma (equivalent to NQF level 6) or Bachelor’s degree (equivalent to NQF level 7) in Economics or Finance;
A minimum 4 years’ experience of which 2 years should be on an Assistant Director level or equivalent obtained within the intergovernmental fiscal system;
Knowledge of the public finance management operating within the local government environment;
Knowledge and experience of financial and economic analysis; and
Knowledge of policy development and dissemination.
Key Performance Areas
Policy Formulation on Local Government Transfers:
Analyse policies, frameworks and formulas in respect of transfer programmes for local government pertaining to local government equitable share and municipal infrastructure grant;
Propose reforms to existing system of local government transfer programmes to improve allocative efficiency and impact of grants;
Analyse the integrity of data used in formulas to determine allocations to municipalities;
Provide inputs into sector policy processes that impact local government finances and funding; and
Participate in municipal processes targeting poverty alleviation and provide inputs to proposals.
Develop and update models within Local Government on Equitable shares and Municipal Infrastructure Grant:
Develop and maintain allocation models for the determination of allocations to 257 municipalities for equitable share and infrastructure grant allocations;
Analyse the impact of proposed reforms to formulas to determine the impact on categories and types of municipalities;
Implement strategies for the introduction of reforms to frameworks, models and formulas to determine allocations to individual municipalities; and
Engage stakeholders pertaining to policy for the enhancement of, and incorporation into, the local government equitable share and infrastructure grant allocation models.
Local Government Transfers Finances:
Provide inputs to departmental publications (MTBPS, Budget Review, Local Government Budgets and Expenditure Review;
Participate in national budget process deliberations, providing inputs on the local government impacts of proposed budget changes;
Liaise with internal stakeholders to coordinate changes to local government transfers and other areas of mutual policy interest; and
Attend and present at forums on local government transfers and other finance matters impacting the environment.
Manage programme design processes for new and reformed local government transfer programmes:
Research and prepare policy discussion papers setting out the policy context of the sector being funded, gaps in the current system and options for how a reformed or new funding programme could address these;
Design consultation processes and convening stakeholders from relevant sector departments, organised local government to consult on proposed new/reformed transfer programmes;
Work with relevant sector department on detailed design of the new transfer programme, including design of allocation formula (inclusive of data verification) and drafting legally binding rules for how funds can be used; and
Present proposed funding programme structure for approval at intergovernmental forums, including Budget Forum and present at hearings in parliament and provincial legislatures.
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Apply via company website ( http://www.treasury.gov.za ) or