Plans, organizes, directs, controls and coordinates the financial and accounting activities within an organization.
Skill Level 1
Chief Financial Officer
Caveats - No caveats
Endorsed Correlations to ASCO Occupations
1211-11 Finance Manager
Group: 1322 Finance Managers
plan, organise, direct, control and coordinate the financial and accounting activities within organizations.
determining, implementing, monitoring, reviewing and evaluating budgetary and accounting strategies, policies and plans in consultation with other Managers
providing financial information and interpreting the implications for business performance and funding needs
coordinating the development, implementation and monitoring of accounting systems
directing the preparation of financial reports that summarise and forecast the organization's financial position such as income statements, balance sheets and analyses of future earnings and income
assessing capital finance proposals and the financial status of operational projects
advising on investment strategies, sources of funds and the distribution of earnings
delivering long-range profit forecasts, budgeting and financial reporting
ensuring compliance with financial legislation and standards
Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. At least five years of relevant experience may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).