Treasurer guides the overall direction, coordination, and operation of the organization's treasury department. Develops the strategic vision and direction for the treasury function. Being a Treasurer directs and manages treasury activities of an organization including financial forecasting and mitigating risk. Ensures financial transactions, policies, and procedures fulfill the organization's objectives, needs, and regulatory body requirements. Additionally, Treasurer is responsible for the corporate banking, credit, and investment functions. Requires a bachelor's degree. Typically reports to top management. The Treasurer manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Treasurer typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Responsible for formulating financial policy and plans and ensures
maintenance of corporate liquidity and financial stability. Oversees activities
related to managing the company’s funds, investments and relationships with
financial institutions and regulators related to treasury matters. Directs
activities associated with the security and investment of the organization's
financial assets and funds. Ensures that financial transactions,
policies, and procedures meet the organization's short- and long-term
objectives, and regulatory requirements. Responsible for directing the
company’s credit and risk management (excluding insurance) functions. Key
success factors include relevant experience, strong analytics, and the delivery
of insightful analysis.
Responsibilities
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