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 Africans. 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.
Qualification/s Requirements
- A Grade 12 certificate, A National Diploma (minimum of NQF level 6) or Bachelor’s degree (minimum of NQF level 7) in Economics, Accounting or Public Finance,
- A minimum 4 years’ experience of which 2 years should be at an Assistant Director level or equivalent obtained in budgetary and financial management;
- Knowledge and experience of the public sector budgetary and expenditure framework,
- Knowledge of sector financial processes, budgeting and MTEF process, and
- Knowledge of regulatory directives like the PFMA and Treasury Regulations.
Key Performance Areas
Budget Analysis and Financial Planning:
- Provide guidance to client departments in their preparation of annual budget submissions and related budget documentation;
- Analyse the annual MTEF submissions of departments and devise corrective steps pertaining to budget documentation, which include the Medium-Term Budget Policy Statement, Appropriation Bill, Budget Review and Estimates of National Expenditure; and
- Contribute to the budget process nationally and evaluate the departments’ requests for roll-over funds and additional funds, budget programme structures, NRF drawings, shifting of funds and suspension of funds.
Monitor Expenditure Plans against Service Delivery Targets:
- Monitor compliance and alignment to the prescribed PFMA and Treasury Regulations and guide stakeholders on its interpretation for the correct implementation and application, thereof;
- Perform in-year analysis and advice on expenditure plans and trends to enhance the financial gains and effectiveness within departments;
- Monitor the achievements of departments’ against service delivery plans and set targets;
- Verify programme and project outputs for alignment based on the successes administered by departments; and
- Follow-up on findings and concerns emanating from the Auditor-General’s reports and parliamentary working committees on department’s financial. affairs.
Analyse Policy and Monitor Implementation:
- Perform policy analysis and monitor the correct implementation in line with the prescribed legislative framework. contribute to policy enhancements by providing strategic solutions for applications within the sectors; and
- Provide guidance and support on key policy determinations within the relevant sector.
Benchmarking and Research:
- Initiate benchmarking exercises with reputable government departments on the latest trends, globally.
- Perform research with international institution on the latest interventions pertaining to policy development, financial planning, expenditure monitor, etc.
- Engage stakeholders on the latest work processes and key developments pertaining to sectoral, national and state-owned entities/ agencies.
