Treasury Assistant Job Description [Updated for 2025]

In the financial sphere, the role of a Treasury Assistant is becoming increasingly important.

As economies evolve and financial regulations tighten, the need for skilled individuals who can effectively manage, optimize, and secure an organization’s financial resources is paramount.

But what exactly does a Treasury Assistant do?

Whether you are:

• A job seeker looking to understand the nuances of this role,
• A hiring manager outlining the perfect candidate,
• Or simply curious about the intricacies of financial management,

You’ve come to the right place.

Today, we present a customizable Treasury Assistant job description template, designed for seamless posting on job boards or career sites.

Let’s dive right in.

Treasury Assistant Duties and Responsibilities

Treasury Assistants play a crucial role in managing an organization’s financial aspects.

They deal with all monetary transactions, including investments, loans, cash management, and risk analysis.

The day-to-day duties and responsibilities of a Treasury Assistant typically include:

• Assisting with the preparation of financial reports and statements
• Tracking and monitoring cash flow and managing bank accounts
• Processing payments and invoices accurately and timely
• Coordinating with other departments to gather and analyze financial data
• Assisting in the development and implementation of treasury policies and procedures
• Performing various financial analyses to assess the financial status of the company
• Assisting in maintaining relationships with banks and other financial institutions
• Carrying out regular audits to ensure compliance with financial regulations
• Implementing and managing investment strategies
• Maintaining records of all financial transactions and preparing periodic financial reports

 

Treasury Assistant Job Description Template

Job Brief

We are seeking a meticulous and reliable Treasury Assistant to manage the daily cash flow of our company.

The Treasury Assistant’s responsibilities will include maintaining bank relationships, conducting regular bank reconciliations, managing internal fund transfers, and assisting with financial planning.

Our ideal candidate has a solid understanding of financial regulations, excellent mathematical skills, and experience in treasury operations.

The goal is to provide effective support to the treasury department and help maintain the financial health of our company.

 

Responsibilities

• Assist in the management of daily cash flow and trading operations
• Conduct regular bank account reconciliations
• Help with the formulation of financial strategies and plans
• Prepare and present financial reports
• Ensure compliance with financial regulations and controls
• Maintain accurate records and provide timely financial information
• Assist in the development and implementation of treasury policies and procedures
• Collaborate with other departments to ensure smooth financial operations
• Assist in the management of company investments

 

Qualifications

• Proven experience as a Treasury Assistant or similar role
• Good understanding of financial and banking processes
• Knowledge of financial software and databases
• Strong analytical skills and attention to detail
• Excellent numerical skills
• Ability to handle sensitive, confidential information
• BSc/BA in Finance, Accounting or relevant field

 

Benefits

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

 

Additional Information

• Job Title: Treasury Assistant
• Work Environment: Office setting with options for remote work. Some travel may be required for team meetings or bank visits.
• Reporting Structure: Reports to the Treasury Manager or Finance Director.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $40,000 minimum to $55,000 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 Treasury Assistant Do?

A Treasury Assistant is a professional who works in the finance department of a business or organization, usually under the supervision of the Treasury Manager or other senior finance personnel.

Their primary role includes managing daily cash balances and trading in the financial markets.

They ensure that a company has enough liquidity to meet its obligations, while managing payments to suppliers, employees and other third parties.

Treasury Assistants also monitor financial market movements, and make appropriate decisions like whether to invest surplus cash or raise more through borrowing.

They support senior managers with strategic financial planning such as acquisitions, mergers, and capital raise.

They are typically involved in producing and analyzing financial reports, preparing financial forecasts, and making sure that the company’s financial dealings are conducted legally and ethically.

Treasury Assistants play a key role in reducing financial risk.

They may use financial derivatives (like options and futures) to hedge against fluctuations in foreign exchange rates, interest rates, or commodity prices.

They are also involved in the implementation and tracking of internal controls, and assist with the audit process, and liaise with internal and external stakeholders on financial matters.

Overall, a Treasury Assistant performs a critical function in an organization’s financial health and stability.

 

Treasury Assistant Qualifications and Skills

A competent Treasury Assistant should possess a mix of financial knowledge, technical skills, and interpersonal abilities, including:

• Strong mathematical and analytical skills to accurately process financial data and make calculations
• Proficiency in financial software and technologies to manage and analyze financial data
• Excellent attention to detail and organizational skills to manage and monitor cash flow, investments, and other financial transactions
• Good communication skills to coordinate with other finance team members and provide clear reports to management
• Understanding of financial regulations and standards to ensure compliance in all financial transactions and reports
• Problem-solving skills to identify and resolve issues related to cash management, investments, and other financial matters
• Interpersonal skills to interact effectively with internal and external stakeholders
• Ability to work under pressure and meet deadlines, managing multiple tasks simultaneously

 

Treasury Assistant Experience Requirements

A Treasury Assistant is expected to have a strong background in finance or accounting, with at least 1 to 2 years of experience in these sectors.

This experience can be gained through internships, part-time roles, or entry-level positions in finance or accounting departments.

Experience with financial software and systems is also highly beneficial for a Treasury Assistant.

Hands-on experience with treasury management systems, enterprise resource planning (ERP) systems, or other financial software can provide a solid foundation for this role.

Candidates who have more than 3 years of experience may have taken on additional responsibilities in previous roles, such as managing cash flow, creating financial reports, or implementing financial policies and procedures.

This kind of experience can be very beneficial in a Treasury Assistant role.

Those with more than 5 years of experience may have leadership experience and could be well-suited for a senior Treasury Assistant role or a Treasury Analyst position.

They may have experience managing a team, overseeing large-scale financial projects, and developing and implementing strategic financial plans.

This level of experience can provide a deep understanding of the financial needs and challenges of a business, making them an asset in a treasury department.

 

Treasury Assistant Education and Training Requirements

Treasury Assistants typically possess a bachelor’s degree in finance, economics, business administration, or a related field.

They are expected to have a strong foundational understanding of financial principles, cash management, and financial reporting.

In-depth knowledge of treasury software, Microsoft Excel and other financial systems is often required for this role, as Treasury Assistants need to be able to handle financial data with precision and accuracy.

Some roles may require Treasury Assistants to have a master’s degree in finance or business administration, especially for positions with higher responsibilities or in larger organizations.

Additionally, professional certifications such as Certified Treasury Professional (CTP) or Certified Public Accountant (CPA) can significantly enhance a candidate’s credentials and improve their career prospects.

Treasury Assistants are also expected to engage in continuous learning and stay updated with the latest trends in financial management and treasury operations.

 

Treasury Assistant Salary Expectations

The average salary for a Treasury Assistant is around $52,000 (USD) per year.

The actual salary can vary significantly depending on factors such as years of experience, qualifications, geographical location, and the size of the company.

 

Treasury Assistant Job Description FAQs

What skills does a Treasury Assistant need?

Treasury Assistants should possess strong numerical skills, attention to detail and excellent organizational skills.

They should also have good understanding of financial markets and investment strategies.

Proficiency in financial software and advanced Excel skills are typically required.

Strong communication skills are also essential as they will frequently interact with banks and other financial institutions.

 

Do Treasury Assistants need a degree?

Most employers typically require Treasury Assistants to have a degree in finance, accounting, business administration, or a related field.

While a degree is commonly required, some companies might consider candidates with relevant work experience in place of formal education.

 

What should you look for in a Treasury Assistant resume?

A Treasury Assistant resume should highlight experience with financial software, data analysis and report preparation.

Look for experience in cash management, investment operations and risk management.

Also, consider candidates who have strong analytical skills, ability to work under pressure, and excellent attention to detail.

 

What qualities make a good Treasury Assistant?

A good Treasury Assistant is detail-oriented, as they have to handle complex financial data and ensure accuracy in their work.

They should have good analytical abilities to understand financial markets and make informed decisions.

They should also have good interpersonal skills for dealing with various stakeholders, and excellent time management skills to handle various tasks and meet deadlines.

 

What are the daily duties of a Treasury Assistant?

On a typical day, a Treasury Assistant might start with a review of the cash position and investment portfolios.

They may then analyze financial data and prepare reports for the Treasury Manager.

Other duties may include monitoring market trends, assisting with cash management and investment operations, managing banking relationships, and performing administrative tasks as needed.

 

Is a certification required to become a Treasury Assistant?

While it’s not typically required, a certification like Certified Treasury Professional (CTP) can enhance a Treasury Assistant’s career prospects.

Such certifications can demonstrate a high level of competency and commitment to the profession.

However, most employers value hands-on experience and practical knowledge more than certifications.

 

Conclusion

And there you have it.

Today, we’ve delved into the core of what it truly means to be a Treasury Assistant.

Surprised?

It’s not just about managing finances.

It’s about building the financial foundation of a company, one transaction at a time.

With our reliable Treasury Assistant job description template and practical examples, you’re equipped to step forward.

But why stop there?

Explore more with our job description generator. It’s your next step towards crafting the perfect job listings or refining your resume to excellence.

Remember:

Every financial transaction contributes to the company’s bigger picture.

Let’s build that future. Together.

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