Treasury Career Overview
Treasury management jobs involve ensuring that cash and financial risks in a business are properly managed and optimized. The main priority is to ensure cash is managed for day-to-day business operations while having an outlook for long-term strategy. The treasury career path can be a very interesting and rewarding part of in-house corporate finance.
Treasury Career Personality
The personality of someone who would thrive in a treasury management role at a corporation often has the following character traits:
- Attention to detail
- Persuasive when dealing with others
- Good at managing risk
- Good communicator
Preparing for a treasury career interview requires a strong knowledge of technical finance and accounting concepts. In terms of technical questions, you are likely to be asked a lot of macroeconomic questions related to interest rates, currencies (foreign exchange/FX), as well as derivatives such as options, futures, and forwards. Questions such as, “How would you manage foreign exchange exposure in our business?” are common.
Treasury Career Entry Point
People typically enter a treasury career path by moving up internally from an accounting position on the corporate side or moving over from accounting or banking. Entry-level positions are analysts. They can move up to being managers, directors, and ultimately treasurer. It can take anywhere from two to five years to move up through the positions.
Treasury Career Exit Strategy
Most people stay on the corporate side once they’re working in treasury. Opportunities are either to move up internally or switch to another corporation. Moving up could be all the way to VP of treasury or treasurer, as well as to the VP of finance, VP of corporate development, or CFO.
Analyst: $50,000 to $80,000 (base salary plus bonus)
Manager: $80,000 to $120,000 (base salary plus bonus)
Director/VP: $120,000 to $300,000+
Taking financial analysis courses is the fastest way to learn what’s required on the job before you get hired.
It’s important to begin with a strong understanding of accounting fundamentals and reading financial statements. From there you should have a solid Excel crash course under your belt, which will teach you the basics, including shortcuts, formulas, and functions. Beyond that, you can progress to more advanced courses, which will teach you valuation and financial modeling.
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