The treasurer role requires excellent communication, technology, problem-solving and analytical abilities. Candidates for treasurer usually need at least 10 years of professional experience, and public accounting experience is a plus. Companies seek applicants who possess a bachelor’s degree in accounting, finance or economics, and prefer advanced credentials such as a master’s degree in business administration (MBA) or a financial designation.
Typical Duties of a Treasurer:
Establishing and maintaining relationships with commercial bankers, allowing open discussion on terms of available financing Researching and analyzing financing alternatives and providing recommendations Structuring debt arrangements Ensuring debt covenant compliance Directing investments of corporate cash Monitoring operating cash requirements Communicating the company’s operating and financial performance goals and strategies to external investors and creditors Hiring, training and retaining skilled staff
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
195510
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
228830
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
