Budget Analyst: Public Finance

Description:

Purpose of the Role

To provide fiscal and public financial management analysis; monitor, review and evaluate spending plans, service delivery trends and national policy proposals to measure allocative efficiency, spending effectiveness and value for money and assist in the management of organisation’s relations with stakeholders in national departments and State-Owned Entities (SOEs).
Key Performance Areas

Monitor Budgets, financial management and service delivery outputs:

Assist with the monitoring of compliance to the prescripts of the PFMA and Treasury Regulations, Assist with the monitoring of the achievement of output targets from a variety of sources;
Analyse departmental MTEC submissions and assist in compiling recommendations to MTEC and MinComBud;
Assist with the analysis of budgets and expenditure.

Policy analysis and support:

Assist with provision of policy analysis and advice to the Finance Ministry and organisation;
Assist in the contribution and compilation of budget documentation, e.g. Medium Term Budget Policy Statement, Budget Review, Intergovernmental Fiscal Review and Estimates of National Expenditure;
Conduct research that will support policy advice and development.

Budgetary analysis and interpretation:


Conduct analyses and provide recommendations on client departments’ budget submissions;
Evaluate budgets in accordance with strategic business plans, and provide recommendations; and
Provide accuracy and quality in the publication of budget information.


Expenditure monitoring and evaluation through data and report analysis:


Compile expenditure reports and evaluations;
Provide inputs on expenditure reports pertaining to client Departments; and
Provide analysis of quarterly and annual reports.

Requirements:

Qualification/s Requirements


A Grade 12 is required coupled with a minimum National Diploma (equivalent to NQF level 6) or a Bachelor’s degree (equivalent to NQF level 7) in any of the following disciplines: Economic Sciences or Finance or Development Studies or Social Sciences or Public Administration;
A minimum 3 years’ experience obtained in policy development; policy analysis processes as well as public finance processes, e.g., MTEF and PFMA; and
Knowledge of the South African Public Financial Management System and the application of the related legislated framework e.g. the Public Finance Management Act, Treasury Regulations and the Division of Revenue Act, where applicable.