Head of financial service - Salary and Career
Financial Services, Exchange and Control Supervisors

Head of financial service - 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 Head of financial service earn

A Head of financial service earns between $1.576 and $12.691 per month, with an average monthly salary of $4.380 and a median salary of $3.000 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 5.630 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Head of financial service

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 4.380 52.557 1.095 21
1º Quartile 1.576 18.910 394 7
Median Salary 3.000 36.000 750 14
3º Quartile 9.679 116.147 2.420 45
Higher Salary 12.691 152.295 3.173 60

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 Head of financial service

Financial Services, Exchange and Control Supervisors must:

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

  • Activities

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

    Sectors that hire Head of financial service the most in the job market

    • combined office and administrative support services
    • temporary labor lease
    • retail merchandise in general, with predominance of food products - supermarkets
    • road transport of cargo, except dangerous goods and removals, intercity, interstate and international
    • building construction
    • hospital care activities
    • activities of associations for the defense of social rights
    • accounting activities
    • holdings of non-financial institutions
    • document preparation and specialized administrative support services

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