Budget head - Salary and Career
Financial Services, Exchange and Control Supervisors

Budget head - Career description, activities, functions and salary

They supervise and control various financial services, assets and logistics, prepare budgets, make payments, perform collections, control assets, close foreign exchange, analyze credit, coordinate cashiers, manage logistical processes and manage warehouse/inventory. They supervise work teams, guiding and evaluating performance in search of the best quality at work.

How much does an Budget head earn

A Budget head earns between $1.488 and $11.567 per month, with an average monthly salary of $3.904 and a median salary of $2.500 according to an Averwage.com salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 2.747 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Budget head

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 3.904 46.843 976 18
1º Quartile 1.488 17.853 372 7
Median Salary 2.500 30.000 625 12
3º Quartile 8.822 105.860 2.205 41
Higher Salary 11.567 138.807 2.892 54

Professional job categories

  • Administrative services workers
    • officers
      • administrative services supervisors (except customer service)
        • financial services, exchange and control supervisors

Related Positions:

Main workplaces

Financial Services, Exchange and Control Supervisors the positions of this CBO family work in various fields of activities, such as diverse industries, logistics operators and business activities. They are normally employed with a formal contract with occasional supervision, reporting directly to managers and having subordinates. In the case of foreign exchange supervisors, there is the possibility of working on their own. They carry out their work during the day and indoors.

What does it take to work in the field of Financial Services, Exchange and Control Supervisors

For the exercise of these occupations, a complete higher education is required. The full exercise of activities requires, on average, three to four years of experience in the area and, for some occupations, a basic professional qualification course of up to 200 class hours.

Functions and activities of Budget head

Financial Services, Exchange and Control Supervisors must:

  • prepare budget;
  • supervise teamwork;
  • close exchange;
  • perform collection;
  • perform billing;
  • make payments;
  • demonstrate personal skills;
  • manage logistics processes;
  • manage inventory;
  • supervise team work;
  • budget;
  • control assets;
  • manage inventory/warehouse;
  • analyze credit;
  • elaborate budget;
  • coordinate boxes;
  • coordinate cashiers;
  • manage logistical processes;

  • Activities

    • supervise revaluation of assets by third parties;
    • reconcile values;
    • control fixed cash fund;
    • work as a team;
    • register customers;
    • supervise inventory;
    • control stock levels (quantity, value...);
    • check payments made;
    • forecast receipts;
    • identify the need to hire employees;
    • demonstrate leadership;
    • monitor international shipping;
    • analyze objectives and goals defined by the company;
    • control bank balances;
    • forward unpaid export invoices to management;
    • define material purchasing needs;
    • analyze documents for exchange closing;
    • raise market prices;
    • monitor bank charges;
    • incorporate well;
    • control conditions for packaging materials and/or products;
    • demonstrate holistic vision ability;
    • demonstrate objectivity;
    • adjust value of revalued assets;
    • manage material and/or product requisitions;
    • supervise application of the peps method (first in, first out);
    • schedule payments;
    • prepare financial and economic statements;
    • download assets;
    • set credit limits;
    • control budget execution;
    • guide employees in the use and maintenance of equipment;
    • complete audits (internal and external);
    • control supply contract balances;
    • motivate team;
    • download received titles;
    • establish packing and material identification method;
    • decide on guarantees for granting credit;
    • demonstrate ability to make decisions;
    • resolve export financial issues;
    • prepare documents for closing (invoices);
    • demonstrate agility;
    • supervise the receipt of materials;
    • transfer ownership of assets;
    • examine accounts payable;
    • perform agreements with customers;
    • hire a shipping agent;
    • decide on admitting or terminating employees;
    • negotiate interest rates;
    • plan a vacation roster;
    • control stock of unserviceable materials and/or products;
    • manage delivery of materials and/or products;
    • check compliance with legal and safety standards;
    • register invoices;
    • plan receipts;
    • confirm asset plating;
    • generate depreciation and fixed assets reports;
    • demonstrate flexibility;
    • send titles to notaries or outsourced collection companies;
    • monitor expiration date of materials and/or products;
    • control purchase order balance;
    • set work priorities;
    • generate history of international clients;
    • negotiate payment terms with suppliers;
    • propose lawsuits against defaulters;
    • control incoming resources;
    • control material receipt flow;
    • perform export collection;
    • present the results of the goals of the area/sector;
    • contract exchange;
    • control loans, banking applications;
    • identify the need for new equipment;
    • control production flow;
    • guide areas according to company goals and objectives;
    • assist in budget preparation;
    • monitor litigation processes;
    • participate in the elaboration of standards and procedure manuals;
    • track company purchase orders;
    • calculate abc inventory curve;
    • issue billing statement;
    • plan teamwork;
    • reassess projections;
    • scaling available resources (humans, materials, equipment);
    • monitor movement of materials and/or products according to the abc curve;
    • prepare reports, forms, spreadsheets...;
    • negotiate terms, quantity, conditions with suppliers and/or customers;
    • participate in the development of standards and procedure manuals;
    • manage attendance/point control (absences, delays, justifications);
    • request purchase for restocking;
    • provide information about assets;
    • plan stocking of materials and/or products;
    • plan vacation roster;
    • analyze customer orders;
    • manage availability of values between cashiers or branches;
    • provide subsidies for drafting a supply contract;
    • search for feed back from customers (level of logistics services);
    • hire an insurance company;
    • generate documents for accounting;
    • demonstrate initiative;
    • resolve pending issues with technical and commercial areas;
    • supervise the receipt of materials;
    • promote team empowerment;
    • consult customer registration information;
    • guide the execution of the work;
    • demonstrate analytical ability;
    • plan cash flow;
    • compare estimated and actual values;
    • check box closing documentation;
    • control loans between related companies (mutual);
    • inventory assets;
    • project expenses by areas;
    • keep an updated customer record;
    • evaluate international banks indicated by customers;
    • sort assets by cost center;
    • participate in the definition of types of packaging and ways of packaging materials and/or products ;
    • determine the type of asset for depreciation purposes;
    • inventory assets;
    • evaluate employee performance;
    • estimate personnel cost;
    • receive documents from the export department;
    • monitor arrival of original import documents;
    • project revenue;
    • distribute tasks;
    • control product dispatch flow;
    • collect financial and economic data of the company;
    • monitor performance indicators;
    • analyze customer registration information;
    • list payments to be made;
    • establish production goals by area/sector/activity;
    • work as a team;
    • analyze the needs of the areas;
    • participate in the definition of corporate goals;
    • manage conflicts;
    • identify unpaid securities;
    • demonstrate negotiation skills;
    • search bank fees;
    • collect economic indices;
    • elaborate specific procedures and rules for the area;
    • collect overdue securities;
    • plan a holiday roster;
    • perform collection of securities in portfolio;
    • suppress credits;
    • consolidate area information;

    Sectors that hire Budget head the most in the job market

    • building construction
    • maintenance and mechanical repair services for motor vehicles
    • lanterning or bodywork and painting services for motor vehicles
    • combined office and administrative support services
    • engineering services
    • manufacture of metal frames
    • electrical installation and maintenance
    • retail trade of new parts and accessories for motor vehicles
    • issuance of food vouchers, transport vouchers and similar
    • manufacture of furniture with predominance of wood

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