About the Programme
The Department of Public Service and Administration (DPSA) Vacancy Circular 37 released key employment opportunities across national and provincial government departments. For financial analysts, risk managers, and underwriting compliance specialists, this circular features critical positions within high-value institutions like National Treasury, Department of Public Works, and provincial treasuries.
These public sector financial management frameworks focus on maintaining robust internal controls, enterprise risk management, capital liquidity allocation, and state asset protection against liability risks.
Circular 37 of 2026Posting Date: 16 October 2026 |
What You Will Learn (Eligibility)
Candidates securing public sector finance and risk management roles undergo exposure to large-scale fiscal administration.
- Public Finance & Capital Markets: Learn debt portfolio optimization, foreign market issuances, and government liquidity management.
- Enterprise Risk & Liability Insurance: Understand risk mitigation protocols under the Public Finance Management Act (PFMA) and Municipal Finance Management Act (MFMA).
- Financial Auditing & Compliance: Master internal auditing, Modified Cash Standards (MCS), and statutory financial report submissions.
Key Details & Estimated Salaries
Salaries within government departments follow standardized Occupational Specific Dispensation (OSD) and non-OSD salary levels.
| Role Tier | Typical Job Titles | Estimated Annual Salary Package |
| Senior Management (SMS) | Chief Financial Officer (CFO), Chief Risk Officer | R1,162,200 – R1,371,558 (All-inclusive) |
| Middle Management | Deputy Director: Financial Analysis, Senior Risk Analyst | R827,211 – R1,003,890 (All-inclusive) |
| Operational / Supervisory | Assistant Director: Internal Control, Accounting Officer | R424,104 – R531,117 (Plus benefits) |
Note: All-inclusive packages comprise basic salary (typically 70%), Medical Aid contributions, Government Employees Pension Fund (GEPF), and flexible structures.
Minimum Requirements
Applicants looking to join public sector finance, corporate governance, or asset management divisions must meet the following baseline criteria:
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Qualification: A recognized Grade 12 Certificate alongside an NQF Level 6 (National Diploma) or NQF Level 7 (Bachelor’s Degree) in Accounting, Finance, Economics, Risk Management, or Commerce.
- Experience: Minimum of 3–5 years’ relevant experience within financial liability management, risk assessment, or capital budget oversight.
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Senior Posts (SMS): Possession of the Nyukela SMS Pre-entry Certificate issued by the National School of Government (NSG).
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Systems Knowledge: Hands-on experience with financial management systems such as BAS, PERSAL, and LOGIS.
Required Documents
Under updated DPSA directives, candidates must ensure exact documentation compliance:
- New Z83 Application Form: Fully completed and signed (obtainable from any government website or DPSA portal).
- Comprehensive CV: Detailing precise duties, contactable references, and detailed career history.
- Identity & Qualifications Note: Shortlisted candidates will be requested to submit certified copies of ID, Senior Certificate, and academic transcripts during the interview phase.
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SAQA Evaluation: Mandatory foreign qualification evaluation report (if applicable).
Closing Date
- Standard Application Window: 28 July 2023 at 16:00 (Specific department deadlines like National Treasury may vary between 19–28 July).
- Always verify individual annexures in Circular 24 to avoid late submissions.
Why It Matters for Finance & Insurance Professionals
Transitioning into state financial management provides career stability, top-tier pension benefits via GEPF, and direct involvement in shaping South Africa’s economic policies. Finance specialists oversee massive procurement budgets, commercial underwriting structures for state assets, and strategic national infrastructure funds.
How to Apply
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Download the complete DPSA Circular 37 of 2026 PDF document.
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Locate the specific department (e.g., Annexure A: National Treasury) and quote the exact Post Reference Number.
- Complete the updated Z83 Application Form indicating the correct department and reference.
- Submit via the official designated e-Recruitment portal (e.g., National Treasury e-Recruitment) or hand-deliver to the address listed in the circular annexure.
Frequently Asked Questions (FAQs)
1. Can I apply for financial positions without prior public sector experience?
Yes. Candidates with strong private sector background in commercial banking, corporate accounting, underwriting, or auditing can qualify if they meet the NQF qualifications and years of experience required.
2. Is the Nyukela certificate required for all DPSA finance posts?
No. The Nyukela Pre-entry Certificate is strictly mandatory for Senior Management Services (SMS) posts at Level 13 and above (e.g., Director and CFO level).
3. Do I need to submit certified copies of qualifications when initially applying?
Under the current DPSA directive, applicants only submit a completed Z83 form and detailed CV. Certified copies of qualifications, ID, and background checks are requested only for shortlisted candidates.
Final Thoughts
Securing a financial or risk management post under DPSA Circular 37 of 2026 offers an extraordinary opportunity to build a resilient career in public sector finance. Ensure your CV reflects strong accounting standards (PFMA, Treasury Regulations) and double-check your application reference numbers before submitting.
