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How to hire a treasurer

Treasurer hiring summary. Here are some key points about hiring treasurers in the United States:

  • HR departments typically spend 15% of their expenses on recruitment.
  • It usually takes about 12 weeks for a new employee to reach full productivity levels.
  • It typically takes 36-42 days to fill a job opening.
  • The median cost to hire a treasurer is $1,633.
  • Small businesses spend an average of $1,105 per treasurer on training each year, while large companies spend $658.
  • There are currently 32,730 treasurers in the US and 18,358 job openings.
  • New York, NY, has the highest demand for treasurers, with 3 job openings.
  • New York, NY has the highest concentration of treasurers.

How to hire a treasurer, step by step

To hire a treasurer, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a treasurer:

Here's a step-by-step treasurer hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a treasurer job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new treasurer
  • Step 8: Go through the hiring process checklist

What does a treasurer do?

The treasurer's general duty is to oversee the financial reports and monitor the expenses of the organization. A treasurer is required to demonstrate strong analytical and critical-thinking skills for financial decision-making. The treasurer is also required to keep documentation and deliver regular financial reports to the management. Treasurers are also responsible to study the current status of the organization to be able to provide suggestions on effectively managing expenses. They also need to be familiarized with the regulatory policies and ensure that the use of funds is compliant with the law.

Learn more about the specifics of what a treasurer does
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  1. Identify your hiring needs

    Before you start hiring a treasurer, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    You should also consider the ideal background you'd like them a treasurer to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a treasurer that fits the bill.

    This list presents treasurer salaries for various positions.

    Type of TreasurerDescriptionHourly rate
    TreasurerFinancial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.$17-83
    Controller/Business ManagerA controller/business manager is responsible for evaluating the overall business and financial transactions in an organization. Controller/business managers conduct data and statistical analysis on market performance and identify opportunities that would generate more revenue resources for the business... Show more$38-72
    Director Of Administration & FinanceA director of administration finance oversees and directs an organization's administration and finance department, ensuring operations run smoothly and efficiently according to company standards and regulations. It is their duty to set goals and guidelines, lead the research and development efforts, establish procedures, manage the budgets and costs, review and evaluate financial reports, and implement the organizations' policies and standards... Show more$35-77
  2. Create an ideal candidate profile

    Common skills:
    • Payroll
    • Fraternity
    • Bank Accounts
    • Community Services
    • Financial Transactions
    • QuickBooks
    • Student Organizations
    • Risk Management
    • PowerPoint
    • Finance Committee
    • General Ledger
    • Bank Reconciliations
    • Non-Profit Organization
    • Member Dues
    Check all skills
    Responsibilities:
    • Manage accounting department to include A/R and A/P staff.
    • Organize and manage several school functions/activities, assist school personnel, make PTA purchases, and balance the checkbook.
    • Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
    • Champion adoption of consent agenda procedure, streamlining meetings and improving overall effectiveness of alumni leadership.
    • Form PTO s 501 (c) 3 and prepare PTO s 990.
    • Calculate and submit the yearly HOA community tax forms.
    More treasurer duties
  3. Make a budget

    Including a salary range in your treasurer job description is a great way to entice the best and brightest candidates. A treasurer salary can vary based on several factors:
    • Location. For example, treasurers' average salary in florida is 54% less than in maine.
    • Seniority. Entry-level treasurers earn 79% less than senior-level treasurers.
    • Certifications. A treasurer with a few certifications under their belt will likely demand a higher salary.
    • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a treasurer's salary.

    Average treasurer salary

    $80,467yearly

    $38.69 hourly rate

    Entry-level treasurer salary
    $37,000 yearly salary
    Updated January 17, 2026

    Average treasurer salary by state

    RankStateAvg. salaryHourly rate
    1Massachusetts$112,382$54
    2New Jersey$102,843$49
    3New York$101,061$49
    4California$98,525$47
    5Oregon$90,259$43
    6Maryland$88,352$42
    7Virginia$88,207$42
    8District of Columbia$85,965$41
    9Arizona$82,405$40
    10Texas$81,210$39
    11Illinois$78,808$38
    12Pennsylvania$78,047$38
    13Ohio$72,912$35
    14North Carolina$70,281$34
    15Colorado$66,456$32
    16Arkansas$59,835$29
    17Georgia$57,675$28
    18Florida$52,876$25

    Average treasurer salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Partners Group LTD$148,134$71.22
    2Citi$133,353$64.1113
    3INTEGRIS Health$109,804$52.79
    4City of Roanoke, Virginia - Government$90,431$43.48
    5Talen Energy$86,142$41.41
    6HealthTrust$85,323$41.02
    7PSEA$84,414$40.58
    8ValvTechnologies$83,484$40.14
    9Deloitte Tax$81,831$39.34
    10Stratum Reservoir$81,831$39.34
    11Robert Half$81,471$39.17162
    12arrivia$79,273$38.11
    13Loparex$78,252$37.62
    14Novanta$78,141$37.571
    15American Financial Network, Inc.$77,159$37.10
    16St. Charles Health System$72,320$34.77
    17Baillie Lumber Co.$69,397$33.36
    18Women’s Development Center$54,375$26.14
    19Treasurer's Office$51,307$24.67
    20Avon Community School$48,443$23.29
  4. Writing a treasurer job description

    A good treasurer job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a treasurer job description:

    Treasurer job description example

    The Controller provides executive-level leadership and guidance to the organizations Finance operations. Direct and oversee the financial activities of the corporation, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth
    Duties and Responsibilities

    Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.

    Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.

    Reviews planning process and suggests improvements to current methods.

    Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.

    Works with the President and other executives to coordinate planning and establish priorities for the planning process.

    Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk.

    Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or international financial reporting standards.

    Recommends benchmarks that will be used to measure the companys performance.

    Produces the annual budget and forecasts; reports significant budget differences to management.

    Provides financial analysis, with emphasis on capital investments, pricing decisions, and contract negotiations.

    Works with external auditors and provides needed information for the annual audit.

    Files quarterly and annual reports with the Securities and Exchange Commission.

    Ensures compliance with local, state, and federal government requirements.

    Performs other related duties as necessary or assigned.

    Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, generally accepted accounting principles (GAAP), federal acquisition regulations (FAR), and cost accounting standards (CAS).

    Migrate company from Cash at Accrual accounting.

    Facilitates implementation of new systems and enhances use of existing systems, including move organization from QuickBooks to NetSuite or comparable platform.

    Requirements

    Thorough knowledge of financial and legal best practices and requirements with a proven ability to provide sound and ethical financial counsel to executive leadership.

    Thorough understanding of and personal involvement with systems and methodologies of finance and administration.

    Excellent verbal and written communication skills.

    Excellent organizational skills and attention to detail.

    Proficient with Microsoft Office Suite or related software.

    Strong presentation skills.

    Excellent leadership skills.

    Strong analytical and critical thinking skills.

    Education and Experience

    Bachelors degree in Accounting or Finance required; MBA preferred.

    Certified Public Accountant status highly desired.

    Relevant experience in the financial function of a company.

    Benefits

    Competitive salary package including Bonus, Benefits, 401k
  5. Post your job

    To find the right treasurer for your business, consider trying out a few different recruiting strategies:

    • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
    • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with treasurers they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit treasurers who meet your education requirements.
    • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.
    Post your job online:
    • Post your treasurer job on Zippia to find and recruit treasurer candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    Your first interview with treasurer candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

    You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new treasurer

    Once you've selected the best treasurer candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    To prepare for the new treasurer first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a treasurer?

Hiring a treasurer comes with both the one-time cost per hire and ongoing costs. The cost of recruiting treasurers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of treasurer recruiting as well the ongoing costs of maintaining the new employee.

The median annual salary for treasurers is $80,467 in the US. However, the cost of treasurer hiring can vary a lot depending on location. Additionally, hiring a treasurer for contract work or on a per-project basis typically costs between $17 and $83 an hour.

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