Treasurer Job Description [Updated for 2025]

In the fast-paced world of finance, the need for proficient treasurers has never been greater.

As the global economy evolves, the demand for skilled individuals who can effectively manage, distribute and safeguard an organization’s financial resources grows stronger.

But let’s delve deeper: What’s truly expected from a treasurer?

Whether you are:

• A job seeker trying to understand the core responsibilities of this role,
• A hiring manager defining the perfect candidate,
• Or merely fascinated by the world of financial management,

You’re in the right place.

Today, we introduce a customizable treasurer job description template, designed for easy posting on job boards or career sites.

Let’s dive right into it.

Treasurer Duties and Responsibilities

Treasurers are responsible for a company’s finances, budget planning, and financial reporting.

They play a crucial role in financial risk management and investment strategies, serving as a strategic advisor to senior management.

Their duties and responsibilities often include:

• Managing and overseeing the financial activities, budgeting, and investment of the organization
• Ensuring compliance with financial regulations, standards, and legislation
• Developing financial strategies and plans for the company’s financial growth
• Providing strategic financial input and leadership on decision making issues affecting the organization
• Preparing and presenting financial reports to board members, stakeholders, executives, and clients in formal meetings
• Monitoring and analyzing financial trends and market conditions to identify opportunities and potential risks
• Implementing cash management strategies to optimize efficiency and liquidity
• Overseeing the investment portfolio and managing financial risk
• Reviewing and approving budget proposals and financial planning
• Coordinating with external auditors and managing internal controls

 

Treasurer Job Description Template

Job Brief

We are looking for a competent and reliable Treasurer to manage organization’s financial aspects from cash management to corporate finance.

The treasurer responsibilities include financial planning, risk management, record keeping and financial reporting to ensure the financial health and integrity of the organization.

Our ideal candidate is analytical, methodical, and has a good grasp of all aspects of financial management.

Ultimately, the role of the Treasurer is to safeguard the company’s finances, manage all financial transactions, establishing financial policies and procedures, and strategic planning.

 

Responsibilities

• Perform risk management (liquidity, interest rates, ventures etc.)
• Assume responsibility of cash management procedures
• Manage the company’s investment activity and make decisions
• Assist in the development of financing strategies
• Maintain relations with banks and rating agencies
• Provide advice in matters of corporate finance
• Prepare budgets and monitor expenditures
• Implement relevant legislation and policies
• Submit reports of present financial situation and forecasting

 

Qualifications

• Proven experience as treasurer or in a relevant financial role
• Thorough knowledge of financial legislation, regulation and practices
• Knowledge of monetary market, investment management and financing techniques
• Working knowledge of MS Office and banking software
• Ability to manage complex financial transactions and report on them
• Strong ethics, with a customer-oriented attitude
• Excellent communication and negotiation skills
• BSc/MSc in Finance, Accounting, Business Administration or related field; professional certification (e.g. CFA/CPA) is a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Treasurer
• Work Environment: Office setting. Travel may be required for financial meetings or consultations.
• Reporting Structure: Reports to the Chief Financial Officer or similar financial executive.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $80,000 minimum to $150,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Treasurer Do?

Treasurers are key members of an organization’s financial team, commonly found in corporations, nonprofits, and governmental bodies.

Their primary responsibility is managing the organization’s finances, which includes creating and implementing financial strategies, overseeing the management and allocation of funds, and forecasting revenue and expenses.

They are also responsible for budgeting, investment, and risk management.

Treasurers ensure the company’s financial dealings are in line with legal requirements and internal policies.

They keep an accurate record of the organization’s financial transactions and provide regular financial reports to the board or senior management.

They work closely with other finance team members, such as the Chief Financial Officer, to ensure the financial health of the organization.

Furthermore, Treasurers may also be involved in securing new funding sources, managing relationships with investors, and exploring opportunities for financial growth.

Their role is crucial in making strategic decisions that impact the overall financial standing of the organization.

 

Treasurer Qualifications and Skills

A proficient Treasurer should possess the skills and qualifications that align with your job description, such as:

• Expert knowledge of finance and accounting principles to manage an organization’s money effectively
• Strong analytical skills to evaluate financial data and make sound financial decisions
• Excellent communication and presentation skills to report financial information to the board, staff, and stakeholders
• Interpersonal skills to work effectively with others in the organization and build strong relationships with banking partners
• Attention to detail to ensure that all financial transactions are accurately recorded and reported
• Leadership abilities to manage and mentor a finance team
• Knowledge of risk management practices to protect the organization’s financial wellbeing
• Proficiency in financial software and technologies to automate financial processes and generate reports
• Strategic planning skills to forecast the organization’s financial future and develop budgets and financial plans
• Integrity and ethical standards to manage the organization’s money responsibly and transparently

 

Treasurer Experience Requirements

Entry-level Treasurer roles typically require a minimum of 3-5 years of experience in finance or a related field, often gained through roles such as Financial Analyst, Accountant, or Audit Associate.

This gives them the necessary foundational understanding of financial management and business practices.

Candidates for more senior Treasurer roles should have at least 7-10 years of progressive experience in corporate finance, preferably in treasury management.

Experience in cash management, risk management, and investment or capital markets is highly desired.

Those with more than 10 years of experience may have held leadership roles in finance and are likely to have gained extensive experience in strategic planning, financial forecasting, and managing financial risks.

Such individuals are often well-suited to roles requiring the management of a team or department, and may be ready for executive-level positions.

Additionally, many employers prefer their treasurers to have experience with the specific industry of the company, as this provides a deeper understanding of the financial challenges and opportunities unique to that industry.

This can be especially important in highly regulated or rapidly changing industries.

Finally, experience with financial software and systems is typically required, as these tools are commonly used in treasury management.

Proficiency in financial modeling, data analysis, and financial reporting is also highly valued.

 

Treasurer Education and Training Requirements

Treasurers typically need a bachelor’s degree in finance, accounting, economics, or business administration.

Advanced positions often require a master’s degree in business administration (MBA) or a related field.

They must have a strong understanding of financial management principles and practices, budgeting, and financial analysis.

They should also be proficient in the use of financial software.

Certification, while not strictly necessary, can enhance employment opportunities.

These can include the Certified Treasury Professional (CTP) designation, offered by the Association for Financial Professionals (AFP), which requires at least two years of relevant work experience.

In addition to formal education, treasurers usually require several years of experience in finance or a related field.

Many treasurers advance to their positions after working as financial analysts or accountants.

Many treasurers also partake in ongoing professional development to keep their skills up-to-date and to stay abreast of the latest financial strategies and regulations.

This could be in the form of workshops, seminars, online courses, or further certification.

 

Treasurer Salary Expectations

The average salary for a Treasurer is approximately $140,120 (USD) per year.

However, the actual salary may vary based on factors such as experience, the size and sector of the company, and geographical location.

 

Treasurer Job Description FAQs

What skills does a Treasurer need?

Treasurers should possess strong financial and analytical skills, as they are responsible for managing an organization’s finances and making important financial decisions.

They should also have good leadership skills, as they often lead a team of financial professionals.

Other key skills include attention to detail, good problem-solving abilities, and excellent communication skills.

 

What qualifications should a Treasurer have?

The minimum qualification for a Treasurer is typically a bachelor’s degree in finance, economics, accounting, or a related field.

Many organizations prefer candidates with a master’s degree in business administration or finance.

Additionally, professional certifications such as Certified Treasury Professional (CTP) or Chartered Financial Analyst (CFA) can be advantageous.

 

What should you look for in a Treasurer resume?

You should look for a strong financial background with experience in treasury operations, risk management, and corporate finance.

The candidate should demonstrate proficiency in financial software and systems, as well as a history of successful financial strategy development and implementation.

Leadership experience, as well as certifications like CTP or CFA, is also a plus.

 

What qualities make a good Treasurer?

A good Treasurer is highly analytical and detail-oriented, with a knack for interpreting complex financial data.

They should have excellent strategic planning skills and the ability to make sound financial decisions.

As a leader, they should be able to inspire and manage a team effectively.

Furthermore, they should have strong ethical standards and a commitment to transparency and compliance.

 

What is the role of a Treasurer in an organization?

The Treasurer is responsible for managing the organization’s financial operations and strategy.

This includes overseeing the organization’s cash flow, investments, risk management, and financial planning.

They also play a key role in financial reporting and may be involved in strategic decision-making at the executive level.

 

Conclusion

And there you have it.

Today, we’ve delved into the intricacies of what it truly means to be a treasurer.

Surprised?

It’s not all about crunching numbers.

It’s about steering the financial course, one spreadsheet at a time.

With our comprehensive treasurer job description template and real-world examples, you’re ready to take the leap.

But why halt your progress here?

Dig deeper with our job description generator. It’s your subsequent step to creating concise, accurate listings or perfecting your resume to a T.

Bear in mind:

Every financial decision is a part of the broader fiscal roadmap.

Let’s navigate that journey. Together.

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