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

Budget manager - 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 manager earn

A Budget manager 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 manager

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 manager

Financial Services, Exchange and Control Supervisors must:

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

  • Activities

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

    Sectors that hire Budget manager 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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