As part of the top management and the administrative authority of the budget and treasury office, the functions and responsibilities of the chief financial officer stipulated by the MFMA can be summarised as follows:

• Administrative authority of the budget and treasury office;
• Assisting the accounting officer perform his/her financial management responsibilities;
• Assisting the accounting officer in the administration of the municipality’s bank accounts and implementation of budget;
• Advising senior managers in the exercise of duties assigned or delegated to them; and
• Performing such budgeting, accounting, analysis, financial reporting, cash management, debt management, supply chain management, financial management, review and other duties as may be delegated by the accounting officer.