Who is a Treasurer?
A treasurer is an individual who runs the treasury duties of an organization. The important job duties of a corporate treasurer may include managing cash and liquidity, overseeing potential risks, and corporate finance.
A treasurer usually acts as a link between the management team and the finance team of an organization. The main goal of a treasurer is to ensure that the company has good financial health and he or she is supported by the company’s finance committee.
What does a Treasurer do?
A treasurer is responsible for overseeing the short-term and long-term budgetary objectives of a company or a business. He or she presides over all the decision-making processes of the finance team that includes the entire company's portfolio of acquisitions and investments.
In the modern-day scenario, treasurers are more focused on managing mergers, raising capital, and making plans for which companies should be acquired to lead to the improvement and expansion of a business or company.
Job brief
Our company is looking for an experienced treasurer for overseeing our financial affairs. In this role, you would need to manage and protect company funds, anticipate loan needs, and prepare financial reports.
To be successful as a treasurer in this company, you must be accustomed to accounting practices and have a knowledge of banking rules and regulations. By the end of the year, you should be able to improve the company’s financial standing by a thorough assessment of risks and management of cash flow efficiently.
Duties and Responsibilities
- Manage, maintain, and protect receipts, banking, and funds
- Discover potential investment plans and respective loan needs
- Curate the annual budget of the company and develop long-term projects
- Control all the treasury activities of the company
- Prepare financial statements and reports
- Follow legal procedures
- Monitor third-party activities handling outsourced treasury functions
Key requirements
- Degree in finance, accounting, or related field
- 2-5 years of proven work experience
- Up-to-date knowledge of financial software
- Communication skills including both verbal and written
- Experience in financial solutions and investment plans
- Understanding of financial legislature
