What does a Treasury Manager do?
Treasury analysts manage a firm's budget in accordance with its financial objectives. They are responsible for the investment of funds and the evaluation of risk. They manage cash, put together capital raising plans, and sometimes act as a liaison for mergers and acquisitions.
Treasury analysts support the company's cash forecasting process and contribute to its global cash management strategy. They are responsible for the evaluation of new banking products and services and ensure accurate maintenance for bank accounts, valances, bank or treasury systems, and any bank cost information the corporation means. They contribute to a company‘s financial success by ensuring efficient banking structures support global operations. They are key to a company understanding a company's assurance they can remain in operation. Treasury analysts need a bachelor's degree in finance, accounting, business, or another related field. Some receive certification as a voluntary certified treasury professional.
- Create new payments file and ensure accurate rollover of formulas, balances, etc. monthly.
- Provide support on special projects or additional duties when needed.
- Ensure best-in-class and innovative cash management processes and structures.
- Oversee global daily cash position and monitor global cash status.
- Monitor excess cash and maximize the return on investments in compliance with the company's investment policies.
- Initiate implementation requests for new business with new clients.
- Manage short and long term subsidiary funding needs, intercompany debt, and debt capitalizations.
- Support the administration of the credit card program including cardholder support.
- Play a key pro-active role in the benchmarking transition project.
- Respond to inquiries and requests received via email and phone.
- Assist in operationalizing the billing, collections, and reporting process across company products.
- Set annual department goals and budget and manage one team member who focuses on cash management and insurance activity.
- Stay current on all industry issues and regulations applicable to the duties of the position.
- Work as an individual contributor as well as a close team member in a fast paced environment.
- Perform variance analysis, assist with ad hoc reporting and create account reconciliations.
- Oversee the maintenance and development of systems and procedures to enhance investment/foreign exchange management.
- Responsible for communicating to executive management implications of existing and proposed regulation and develop potential responses.
- Coordinate due diligence requests with bank representatives, counsel and underwriters for external funding.
- Maintain open communication between employees and management, with direct intervention as appropriate.
- Prepare quarterly treasury dashboard for review with senior management.
- Assist with client call preparation by creating relationship review materials, account schematics, pulling account analysis statements.
- Develop process and documentation to focus on ensuring cash operational consistency,
- Bachelor's or Graduate's Degree in accounting, business, computer science or information systems, or equivalent experience.
- Experience working in the banking industry.
- Attention to detail at all times.
- Fluency in hedging, variance analysis, amortization, derivatives, and liabilities.
- Experience with spreadsheets, IRR, C#, and General Ledger software and systems.
- Comfortable with decision making and problem solving for clients.
- Demonstrated time management and critical thinking skills.
How much does a Treasury Manager make?
Treasury Manager Career Path
Learn how to become a Treasury Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Treasury Manager Insights
“Mgt cares and supportive of your career development”
“Good benefit and flexi good”
“Good work life balance and good”
“Good good good good god”
“Fair but not great benefits”
“Poor work and life balance”
“Good work and life balance”
“Good work and life balance”
Treasury Manager Interviews
Frequently asked questions about the roles and responsibilities of a Treasury Manager
When working as a Treasury Manager, the most common skills you will need to perform your job and for career success are Excellent Communication, Microsoft Office Suite, Powerpoint, Degree IN Finance, and Leadership.
- Financial Analyst
- Financial Manager
- Finance Manager
The most common qualifications to become a Treasury Manager include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.