Chief Director: Modelling and Forecasting at National Treasury

Qualification/s Requirements

• A Grade 12 is required coupled with a minimum B. Degree (NQF 7) in Economics/ Development Economics/ Mathematics;
• A minimum 5 years’ experience at a senior management level (Director) obtained in modelling and forecasting policy analysis; 
• Knowledge and experience in research and analysis of economic trends and principles;
• Thorough understanding of South African economic trends, data dissemination of information;
• Knowledge and experience of economic principles;
• Experience of research methodology and policy analysis;  and 
• Successful completion of the Nyukela Public Service Senior Management Leadership Programme as endorsed by the National School of Government available as an online course on https://www.thensg.gov.za/training-course/sms-pre-entry-programme/, prior to finalisation of an appointment.

Key Performance Areas

Conceptualise and conduct research on macro-economic and micro-economic policy: 

• Give technical support to decision-making processes relating to the Division of Revenue between three spheres of government;
• Provide analytical support to National Treasury and other government agencies and stakeholders on macro-economic and micro-economic policy matters Identify areas of research for further exploration and integration into policy and relevant strategic initiatives; and 
• Provide comments and analyse cabinet memoranda based on economic models. 

Analyse Domestic and International Economic Trends: 

• Provide inputs speeches, briefing notes and presentations on macro and micro issues for the Minister of Finance, Deputy Minister and Director-General;
• Engage foreign and domestic investors, ratings agencies and international organisations on the macroeconomic outlook; and  
• Provide a quarterly economic forecast of the economy and provide the way forward with regard to the forecasting of tax revenue. 

Comment and Assess on Research on South Africa Economic Policy: 

• Comment on IMF Article IV reports and policy papers and reports by ratings agencies, OECD economic assessments and relevant academic research;
• Provide qualitative comments and assessments of research on SA economic issues conducted outside the National Treasury; 
• Provide conceptual outputs of work plan for committees (Stats Sub-committee) ;
• Undertake and oversee technical analysis necessary for the development, maintenance and implementation of local government grants’ frameworks and allocations; 
• Coordinate all National Treasury views on Economic Policy in a report format; and 
• Share research findings within into committees during meetings. 

Develop Presentations for requisite Data, Graphs and Research: 

• Arrange for formal presentations to integrate into policy analysis and budget process; 
• Provide an economic outlook in presentations for the utilisation of the Director-General and Minister of Finance; and  
• Communicate the views of the Economic Policy and National Treasury to external parties. 

Develop and Maintain Models on the Management of Databases: 

• Develop and maintain sets of economic models, including the National Treasury forecasting model, CGE models, small macro models and tax forecasting models; 
• improve existing models and concurrently developing new models in response to policy questions and future challenges; and 
• Maintain the security of data models integrity and databases by encrypting information.