Corporate Treasurer Job Description

by Stephen Jeske
Corporate treasurers ensure their company's financial well-being.

Corporate treasurers ensure their company's financial well-being.

Corporate treasurers work in the heart of an organization, ensuring their company has adequate capital, is properly handling their cash, effectively managing other finances and minimizing risk. Though all businesses require oversight in these areas, large corporations designate an individual to control these vital financial processes.


Corporate treasurers advise their firm on matters concerning corporate finance. They direct their organization's budgeting, capital procurement, financial planning and investment activities. As a lead figure in the company, they must maintain current knowledge of accounting standards, directives at both the federal and state level, as well as internal corporate policies. Treasurers employed by public corporations must also be aware of additional mandates concerning corporate governance. In some organizations they are responsible for overall risk control, which may include insurance management and supervision of tax obligations.

Education and Training

Corporate treasurers typically have a bachelor's degree combined with significant experience in financial analysis, investments and raising of capital. The complex financial problems faced by many of today's large corporations demand sophisticated analytic skills. As a result, master's degrees are becoming the norm among recent job seekers. Though not required, some corporate treasurers obtain certification from a recognized association, such as the Association of Financial Professionals. This helps applicants gain an edge in this very competitive field. Prior to landing the highly coveted position of corporate treasurer, financial managers gain experience through on the job training. Usually they spend years working their way up the corporate ladder in positions such as risk manager, credit manager or controller.


The Bureau of Labor Statistics includes corporate treasurers within the occupational group of financial managers. The majority of financial managers earned between $78,300 and $146,150 annually in 2011, based on their data. The mean annual wage for the same period was $120,450. The Bureau also reports that firms in commodities, securities and other financial investment industries are among the highest paying, providing financial managers with a mean annual wage between $168,270 and $184,510.

Job Outlook

Employment outlook for financial managers through 2020 will continue to be weak, at just nine percent, according to the Bureau of Labor Statistics. Growth will vary significantly according to industry. Demand for corporate treasurers, providing investment coordination, direction and planning will continue as the U.S. economy grows. However, employment growth for financial managers in banking and savings institutions is expected to decline by 14 percent through 2020. That's little condolence to an industry that employs the largest percentage of these managers. Stiff competition for a limited number of job openings means individuals with advanced degrees and significant experience will enjoy the best prospects.

About the Author

Stephen Jeske began writing professionally in 2010 for various websites. He is a former partner in a 49-year-old family business and has been a private investor for over three decades. Jeske holds a Bachelor of Fine Arts Specialized Honors Music from York University.

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