Time Sheet
How executives with different job titles divide up their time on different tasks. |
| |
Chief Financial Officers
(119 respondents) |
Controllers
(144 respondents) |
Treasury Staff
(44 respondents) |
Head of Internal Audit
(19 respondents) |
|
Average % of time spent on each task, as assessed by respondents* |
Average % of time spent on each task, taken as % of 100 |
Average % of time spent on each task, as assessed by respondents* |
Average % of time spent on each task, taken as % of 100 |
Average % of time spent on each task, as assessed by respondents* |
Average % of time spent on each task, taken as % of 100 |
Average % of time spent on each task, as assessed by respondents* |
Average % of time spent on each task, taken as % of 100 |
| Transaction Processing and Reporting |
36.51 |
17.82 |
53.25 |
24.20 |
27.45 |
14.02 |
23.00 |
12.04 |
| Managing accounting and reporting |
14.69 |
7.17 |
26.91 |
12.23 |
10.07 |
5.14 |
12.31 |
6.44 |
| Managing sales, credit, and receivables |
8.95 |
4.37 |
10.14 |
4.61 |
8.41 |
4.29 |
2.31 |
1.21 |
| Managing purchasing and payables |
7.12 |
3.47 |
8.17 |
3.71 |
4.61 |
2.36 |
2.38 |
1.25 |
| Working with external auditors |
5.75 |
2.81 |
8.03 |
3.65 |
4.36 |
2.23 |
6.00 |
3.14 |
| Performance Management |
40.66 |
19.83 |
44.11 |
20.02 |
25.21 |
12.87 |
27.38 |
14.33 |
| Managing budgeting and planning |
14.24 |
6.95 |
17.16 |
7.80 |
10.64 |
5.43 |
12.15 |
6.36 |
| Cost and margin analysis |
9.13 |
4.45 |
11.50 |
5.21 |
3.21 |
1.64 |
5.85 |
3.06 |
| Pricing analysis |
5.71 |
2.79 |
6.39 |
2.90 |
3.45 |
1.76 |
2.46 |
1.29 |
| Analyzing/improving asset efficiency |
6.59 |
3.21 |
4.92 |
2.23 |
4.52 |
2.31 |
4.00 |
2.09 |
| Analyzing/improving supply chain efficiency |
4.99 |
2.43 |
4.14 |
1.88 |
3.39 |
1.73 |
2.92 |
1.53 |
| Process Management and Improvement |
27.00 |
13.17 |
29.44 |
13.38 |
24.42 |
12.46 |
21.15 |
11.07 |
| Counseling, mentoring, and training staff |
7.55 |
3.68 |
8.89 |
4.04 |
8.05 |
4.11 |
9.00 |
4.71 |
| Reengineering the finance function |
7.19 |
3.51 |
7.81 |
3.55 |
7.61 |
3.88 |
4.31 |
2.26 |
| Hiring, firing, and managing staff |
5.46 |
2.66 |
6.77 |
3.08 |
5.55 |
2.83 |
4.15 |
2.17 |
| Managing and implementing IT |
6.80 |
3.32 |
5.97 |
2.71 |
3.21 |
1.64 |
3.69 |
1.93 |
| Strategy and Leadership |
42.08 |
20.52 |
32.71 |
14.85 |
39.21 |
20.02 |
33.70 |
17.65 |
| Planning and setting company strategy |
11.96 |
5.83 |
8.83 |
4.01 |
7.43 |
3.80 |
7.08 |
3.71 |
| Providing internal consultancy services |
7.12 |
3.47 |
8.66 |
3.93 |
7.75 |
3.96 |
15.15 |
7.93 |
| Communicating with board members |
8.20 |
4.00 |
6.69 |
3.04 |
8.21 |
4.19 |
8.08 |
4.23 |
| Talking to company customers |
6.88 |
3.36 |
4.25 |
1.93 |
7.98 |
4.07 |
1.62 |
0.85 |
| Analyzing M&A targets and executing deals |
7.92 |
3.86 |
4.28 |
1.94 |
7.84 |
4.00 |
1.77 |
0.93 |
| Risk Management |
25.60 |
12.49 |
30.61 |
13.91 |
31.02 |
15.85 |
75.54 |
39.03 |
| Implementing/improving internal controls |
11.29 |
5.51 |
15.84 |
7.20 |
11.95 |
6.11 |
33.31 |
17.44 |
| Auditing internal processes |
6.48 |
3.16 |
8.70 |
3.95 |
5.02 |
2.56 |
38.69 |
20.26 |
| Managing and hedging market risks |
4.28 |
2.09 |
3.12 |
1.42 |
9.93 |
5.07 |
1.00 |
0.52 |
| Managing insurance risks |
3.55 |
1.73 |
2.95 |
1.34 |
4.12 |
2.11 |
1.54 |
0.81 |
| Raising Capital and Managing Cash |
22.56 |
11.00 |
17.36 |
7.89 |
37.44 |
19.11 |
4.38 |
2.30 |
| Managing bank accounts, cash, and investments |
8.12 |
3.96 |
9.71 |
4.41 |
19.80 |
10.10 |
1.77 |
0.93 |
| Raising capital and managing borrowings |
8.20 |
4.00 |
5.01 |
2.28 |
12.48 |
6.37 |
1.69 |
0.89 |
| Communicating with investors |
6.24 |
3.04 |
2.64 |
1.20 |
5.16 |
2.64 |
0.92 |
0.48 |
| Tax and Regulatory Work |
10.98 |
5.36 |
12.68 |
5.76 |
11.07 |
5.65 |
6.85 |
3.59 |
| Tax and transfer pricing |
6.13 |
2.99 |
7.44 |
3.38 |
5.30 |
2.70 |
2.08 |
1.09 |
| Dealing with regulators |
4.85 |
2.37 |
5.24 |
2.38 |
5.77 |
2.95 |
4.77 |
2.50 |
| Total (%) |
205* |
100 |
220* |
100 |
196* |
100 |
191* |
100 |
* Note: Total adds up to more than 100% due to crossover between different tasks.
Source: CFO Asia |
