This is an example of a Treasurer job description for a reference when building your resume. Analyze the qualifications and requirements listed to get an understanding of what you need to include on your resume for what employers would look for in this field.
SUMMARY:
As a Treasurer, your primary responsibility is to oversee and manage the financial activities and risk management strategies of an organization. You will be responsible for optimizing cash flow, managing investments, maintaining banking relationships, and ensuring compliance with financial regulations. Your role involves analyzing financial data, making strategic financial decisions, and providing recommendations to senior management.
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FUNCTIONAL DUTIES:
- Cash Flow Management: Develop and implement strategies to optimize cash flow and liquidity management. Monitor and forecast cash flow needs, including receivables, payables, and working capital requirements. Identify opportunities to improve cash flow, such as optimizing collection and payment processes or implementing cash management solutions.
- Investment Management: Develop and implement investment strategies to optimize the organization’s investment portfolio. Evaluate investment opportunities, analyze risk-return profiles, and recommend investment options. Monitor investment performance, assess market conditions, and adjust investment strategies as needed.
- Banking and Treasury Operations: Manage relationships with banks and financial institutions. Oversee treasury operations, including bank account management, cash pooling, wire transfers, and foreign exchange transactions. Monitor bank fees and negotiate favorable terms and conditions for banking services.
- Risk Management: Identify, assess, and manage financial risks, including interest rate risk, foreign exchange risk, credit risk, and liquidity risk. Develop and implement risk management strategies, such as hedging, insurance, or derivatives, to mitigate financial risks. Stay updated on financial regulations and compliance requirements related to treasury activities.
- Debt and Capital Management: Oversee the organization’s debt and capital structure. Evaluate capital needs, assess funding options, and recommend strategies for debt issuance or equity financing. Manage relationships with lenders, negotiate loan terms, and ensure compliance with debt covenants and reporting requirements.
- Financial Analysis and Reporting: Analyze financial data, prepare financial reports, and provide insights and recommendations to senior management. Monitor key financial metrics, perform financial analysis, and track treasury performance against targets. Prepare reports for the board of directors, executive management, or regulatory authorities.
- Compliance and Regulatory Reporting: Ensure compliance with financial regulations, accounting standards, and tax laws related to treasury activities. Prepare and submit regulatory reports, such as cash flow statements, foreign exchange reports, or debt-related disclosures. Collaborate with internal and external auditors during financial audits.
- Cash Forecasting and Budgeting: Prepare cash flow forecasts and assist in the budgeting process. Collaborate with finance and accounting teams to develop accurate cash flow projections and budgets. Monitor actual cash flow performance against forecasts and budgets, identifying variances and providing explanations.
- Treasury Technology and Systems: Identify and implement treasury technology solutions to enhance efficiency and control in treasury operations. Evaluate treasury management systems (TMS) or other financial software tools to automate processes, improve reporting capabilities, and streamline treasury activities.
- Team Management and Leadership: Lead and manage the treasury team, providing guidance, coaching, and development opportunities. Foster a collaborative and high-performance culture within the team. Delegate tasks, set performance objectives, and conduct performance evaluations.
REQUIREMENTS:
- Bachelor’s degree in finance, accounting, or a related field. MBA or relevant certifications (e.g., CTP, CFA) are advantageous.
- Proven experience as a Treasurer or in a similar treasury role.
- Strong knowledge of financial markets, banking, and investment management.
- Familiarity with financial risk management, including interest rate risk, foreign exchange risk, credit risk, and liquidity risk.
- Understanding of cash flow forecasting, cash management techniques, and liquidity management strategies.
- Knowledge of financial regulations, accounting standards, and tax laws related to treasury activities.
- Proficiency in financial analysis, financial modeling, and reporting.
- Excellent analytical and problem-solving skills.
- Strong negotiation and relationship management skills.
- Excellent communication and interpersonal skills to collaborate with internal and external stakeholders.
- Ability to work in a fast-paced, deadline-driven environment.
- Strong attention to detail and accuracy in financial analysis and reporting.
- Strong computer skills, including proficiency in Microsoft Office and treasury management systems (TMS).
This job description provides a general overview of the responsibilities and qualifications typically associated with the role of a Treasurer. Actual job descriptions may vary depending on the organization’s industry, size, and specific requirements.
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