Assistant Treasurer in Chicago, IL

Assistant Treasurer Job Description

For the assistant treasurer position, companies seek candidates with strong communication, technology, problem-solving and analytical skills. Assistant treasurer positions generally require a bachelor’s degree in accounting or finance, and at least seven years of relevant experience. Experience in public accounting also is highly valued. Applicants who possess an MBA or a professional certification have an advantage.

Typical assistant treasurer duties:

Researching and analyzing approaches to financing and hedging strategies

Reviewing and negotiating documents including loan agreements and letters of credit

Determining the company’s ability to meet financial terms of contracts

Compiling information from various corporate departments for loan agreements

Monitoring compliance with loan agreements

Tracking cash flow and developing cash forecasts

Managing banking relationships

Maintaining records for corporate stock plans

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Microsoft Excel

QuickBooks

SAP S/4HANA

Spreadsheets

Sage Accounting Software

Treasury

Cash Activity

Perform Ad Hoc Financial

Capital Management

Reporting

Salary for Assistant Treasurer in Chicago, IL

95170 - 150040

25th percentile

95170

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

128960

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

150040

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Chief Financial Officer (CFO) – Corporate Accounting

218860

328600

372930

Vice President of Finance

178250

252650

305660

Corporate Controller

137640

198710

261330

Divisional Controller

133610

191270

215760

Assistant Controller

100750

147560

171740

Director of Finance

150970

204600

221340

Director of Accounting

146320

199020

218860

Treasurer

163370

259780

299150

Director of Financial Reporting

151900

190960

219480

Financial Project Manager

131440

167090

202740

Forensic Accountant

103230

128650

148490

Property Accountant

82770

94860

114080

Plant Controller

126480

145390

158100

Procurement Manager

98580

135160

150970

Procurement Specialist

55800

71300

86800

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