Scheffler, who has rocketed to number one in the world with his first three career victories in his last five starts, takes a three-stroke lead over Smith into the final round at at Augusta National.
The 25-year-old Texan fired a one-under par 71 on Saturday for a 54-hole total of nine-under 207.
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FINAL ROUND PREVIEW: Proof Smith is ready to ‘hunt down’ rival and join Tiger in Masters history
Australia’s sixth-ranked Smith, who won the Tournament of Champions in January and the prestigious Players Championship in March, carded an impressive 68 in cold, blustery conditions for six-under 210.
They’ll tee off at 4.40am Australian Eastern Standard time.
Smith, who edged then-number one Jon Rahm to win in Kapalua in January, said that result had confirmed he can take it to the world’s best.
“It just means I can get it done when I’m up against the best guys in the world,” he said. “It’s a good feeling to have. It’s earned. It’s not given to you.
“So I’m going to have to go out there tomorrow and play really good golf again, probably similar to (Saturday). Hopefully everything just falls into place.
“I can’t control what anyone else is going to do tomorrow. So yeah, just go out there and really focus on myself.”
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There are five Australians who made the cut with former champion Adam Scott and Cameron Davis teeing off in the opening group of the day after struggling on Sunday.
It’s also an early tee time for Rahm and 15-time major champion Tiger Woods. Among four players tied for 41st — 16 shots behind Scheffler — they tee off together at 12.50am.
Woods, the five-time Masters champ who is back in action just 14 months after suffering severe injuries to his right leg in a California car crash, has electrified fans at Augusta, where he said he’ll be aiming to get back to even par for the week after shooting a third-round 78
MASTERS FINAL ROUND TEE TIMES
ALL TIMES AEST (Australians in bold)
12.10am – Cameron Davis, Adam Scott
12.30am – Tyrrell Hatton, Billy Horschel
12.30am – Patrick Cantlay, Mackenzie Hughes
12.40am – Max Homa, Bubba Watson
12.50am – Jon Rahm, Tiger Woods
1am – Russell Henley, Daniel Berger
1.10am – Robert MacIntyre, Harold Varner III
1.20am – Tom Hoge, Sepp Straka
1.30am – Kevin Na, Seamus Power
1.50am – Joaquin Niemann, Christiaan Bezuidenhout
2am – Kevin Kisner, Matthew Fitzpatrick
2.10am – Tony Finau, Sergio Garcia
2.20am – Lucas Glover, Patrick Reed
2.30am – J.J. Spaun, Min Woo Lee
2.40am – Harry Higgs, Lee Westwood
2.50am – Si Woo Kim, Hudson Swafford
3am – Marc Leishman, Talor Gooch
3.10am – Hideki Matsuyama, Viktor Hovland
3.30am – Webb Simpson, Will Zalatoris
3.40am – Dustin Johnson, Cameron Champ
3.50am – Rory McIlroy, Collin Morikawa
4am – Tommy Fleetwood, Jason Kokrak
4.10am – Corey Conners, Danny Willett
4.20am – Charl Schwartzel, Justin Thomas
4.30am – Sungjae Im, Shane Lowry
4.40am – Scottie Scheffler, Cameron Smith