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Skills & competences

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Hierarchy view

K - knowledge
L - language skills and knowledge
S - skills
S1 - communication, collaboration and creativity
S2 - information skills
S3 - assisting and caring
S4 - management skills
S4.0 - management skills
S4.1 - developing objectives and strategies
S4.2 - organising, planning and scheduling work and activities
S4.3 - allocating and controlling resources
S4.3.0 - allocating and controlling resources
S4.3.1 - managing budgets or finances
- budget for financial needs
- budget set costs
- collect tax
- complete administration
- control financial resources
- create annual marketing budget
- enforce financial policies
- establish investment funds
- evaluate budgets
- examine budgets
- exert expenditure control
- follow up the issued grants
- forecast dividend trends
- give out grants
- handle external financing
- handle quotes from prospective shippers
- identify financial resources
- keep track of shipment payments
- maintain trusts
- manage a healthcare unit budget
- manage accounts
- manage bank vault
- manage brand assets
- manage budgets
- manage budgets for social services programs
- manage conservation of natural and cultural heritage
- manage corporate bank accounts
- manage financial aspects of a company
- manage government funding
- manage hospitality revenue
- manage loans
- manage operational budgets
- manage pension funds
- manage personal finances
- manage recycling program budget
- manage revenue
- manage school budget
- manage securities
- manage sport facility finances
- manage vehicle services' financial resources
- minimise shipping cost
- obtain concert funding
- optimise financial performance
- oversee the facilities services budget
- perform asset recognition
- perform balance sheet operations
- perform cost accounting activities
- perform currency reserve management
- perform financial market business
- prepare airport annual budget
- prepare audit activities
- prepare audit schemes for ships
- prepare casting budget
- support development of annual budget
- understand budgetary limits
- update budget
- use accounting systems
S4.3.2 - managing and administering human resources
S4.3.3 - allocating and controlling physical resources
S4.4 - performing administrative activities
S4.5 - leading and motivating
S4.6 - building and developing teams
S4.7 - recruiting and hiring
S4.8 - supervising people
S4.9 - making decisions
S5 - working with computers
S6 - handling and moving
S7 - constructing
S8 - working with machinery and specialised equipment
T - transversal skills and competences

manage profitability

manage revenue

manage hospitality revenue

information skills

calculating and estimating

estimating resource needs

core skills and competences

working with numbers and measures

carry out calculations

estimate profitability

transversal skills and competences

thinking skills and competences

planning and organising

organise information, objects and resources

working with computers

accessing and analysing digital data

managing, gathering and storing digital data

manage quantitative data

skills

management skills

allocating and controlling resources

managing budgets or finances

manage profitability

Description

Description

Regularly review sales and profit performance.

Alternative Labels

maintain profitability

management of profitability

manage profitability

managing profitability

oversee profitability

profitability management

regulate profitability

supervise profitability

Skill type

skill

Skill reusability level

cross-sector skills and competences

Relationships

Broader concepts

Essential for

Optional for

Concept URI

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ESCO is a Europe 2020 initiative.

DG Employment, Social Affairs and Inclusion of the European Commission developed ESCO in collaboration with stakeholders and with the European Centre for the Development of Vocational Training (Cedefop).

CONTACT ESCO
Current version: ESCO v1.1.1 (Last update 26/09/2022)