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Senior treasury analyst vs cash manager

The differences between senior treasury analysts and cash managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior treasury analyst, becoming a cash manager takes usually requires 6-8 years. Additionally, a cash manager has an average salary of $93,363, which is higher than the $81,939 average annual salary of a senior treasury analyst.

The top three skills for a senior treasury analyst include cash management, treasury and risk management. The most important skills for a cash manager are customer service, cash management, and treasury.

Senior treasury analyst vs cash manager overview

Senior Treasury AnalystCash Manager
Yearly salary$81,939$93,363
Hourly rate$39.39$44.89
Growth rate9%17%
Number of jobs54,34560,517
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 64%
Average age4046
Years of experience48

What does a senior treasury analyst do?

A senior treasury analyst is responsible for the cash assets of the company. This person ensures all cash are coursed through to intended recipients, and expenses are well-documented and appropriately liquidated. The treasury analyst also monitors all projects' daily expenditures, document invoices, cash releases, investments, liabilities, operational costs, and other cash-related activities inside the company. The senior treasury analyst leads the team under this treasury department and offers suggestions and solutions to treasury issues and problems.

What does a cash manager do?

A cash manager is responsible for monitoring cash flow, analyzing financial transactions, and allocating adequate budget and resources for every department's operations. Cash managers conduct data and statistical analysis to determine the company's expenses and financial loss and strategize techniques in minimizing those risks. They also help senior management in identifying business opportunities that would generate more revenue resources and increase profits for the business. A cash manager handles billing disputes, resolves account discrepancies, and submits accurate financial reports.

Senior treasury analyst vs cash manager salary

Senior treasury analysts and cash managers have different pay scales, as shown below.

Senior Treasury AnalystCash Manager
Average salary$81,939$93,363
Salary rangeBetween $60,000 And $111,000Between $66,000 And $130,000
Highest paying CitySan Francisco, CARedding, CA
Highest paying stateCaliforniaCalifornia
Best paying companyGooglePVH
Best paying industryAutomotiveManufacturing

Differences between senior treasury analyst and cash manager education

There are a few differences between a senior treasury analyst and a cash manager in terms of educational background:

Senior Treasury AnalystCash Manager
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 64%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior treasury analyst vs cash manager demographics

Here are the differences between senior treasury analysts' and cash managers' demographics:

Senior Treasury AnalystCash Manager
Average age4046
Gender ratioMale, 56.6% Female, 43.4%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 8.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between senior treasury analyst and cash manager duties and responsibilities

Senior treasury analyst example responsibilities.

  • Open area, close area, manage cash on hand at POS, make deposits.
  • Manage bank relationships, vendor relationships for Bloomberg and Reuters contracts, and initial ISDA document preparation and review.
  • Manage and maintain contracts and funding for ATM's for various sales offices across the country, including purchasing contracts.
  • Manage day-to-day operational processing of securities lending program along with performing frequent analysis and audits for management reporting.
  • Manage Bloomberg electronic trading environment with investment banks, dealers, develop and maintain investment database and all investment/bank/treasury systems.
  • Assist with SOX and internal controls reporting and take ownership and complete special projects as required.
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Cash manager example responsibilities.

  • Lead and implement design of finance functions of new ERP system.
  • Manage day-to-day operational processing of securities lending program along with performing frequent analysis and audits for management reporting.
  • Process weekly ACH sweeps from depository accounts to corporate, wire transfers and other banking functions using PC.
  • Convert the in house manual system to an ADP ERP system.
  • Report bi-weekly on Sarbanes-Oxley relate to credits, debits and manual price adjustments.
  • Research and application of all GAAP policies and procedures as they pertain to the business.
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Senior treasury analyst vs cash manager skills

Common senior treasury analyst skills
  • Cash Management, 15%
  • Treasury, 13%
  • Risk Management, 4%
  • Bank Accounts, 4%
  • Treasury Operations, 3%
  • Cash Flow, 3%
Common cash manager skills
  • Customer Service, 32%
  • Cash Management, 10%
  • Treasury, 6%
  • Financial Statements, 4%
  • Reconciliations, 4%
  • ACH, 3%

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