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 (NQF 6) in Financial Accounting/Auditing/Risk Management;
A minimum of 2 years’ experience obtained within an accounting environment with specific reference to financial reporting, compliance monitoring, internal control, and risk management;
Knowledge and experience of exposure in internal control;
Knowledge and experience of exposure in financial reporting; and
Knowledge of the Public Finance Management Act (PFMA), Treasury Regulations.
Key Performance Areas
Organizational Culture and Performance:
Maintain the Entity database on LOGIS, BAS, IFMS and Safety Web in accordance with relevant prescripts;
Administer the loss control in accordance with relevant prescripts;
Verify the basic accounting documents required for assessment and verification in line with norms and standards;
Oversee the departmental filling system pertaining to accounting documents;
Provide a verification structure in the administration and maintenance of budget manager’s signatures; and
Update and review Financial Management policies, prescripts, procedures and other corporate governance documents.
Organizational Resources Oversight:
Provide advice on financial year-end processes and preparation of annual financial statements;
Provide inputs and assist in preparation of the dissemination of the required management reports;
Provide inputs and assist in preparation of the dissemination of the required management reports;
Provide possible outcomes of resolution to client’s queries; and
Maintain the loss control register
Policy Analysis:
Provide assistance and guidance to internal clients on changes related to financial legislation and regulations;
Assist in the overseeing and the verification processes of financial management implementation; and
Assist with the analysis of policy application and implementation pertaining to financial management and related processes.
Governance and Compliance:
Assist in the monitoring of the correct implementation of policies, strategies and policy frameworks;
Assist in the audit coordination process; and
Assist with the review of the financial statements.
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.