Elements and Performance Criteria
- Participate in formulation of a cash flow budget
- Supervise financial transaction
- Expenditure is arranged within budget delegations.
- Transactions are recorded to meet taxation and accounting requirements according to enterprise practices.
- Actual sales and expenditure are compared to the enterprise budget.
- Financial reports are checked to ensure operations are within forecast limits.
- Expenditure is adjusted to meet financial targets as required.
- Actual and potential variations in budgeted income are reported to the manager according to enterprise requirements.
- Recommendations to address budget variations are developed.