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What is a treasury manager and how to become one

Updated January 8, 2025
4 min read
Quoted expert
Sean Cote

A treasury manager is an individual who oversees the accounting and finance operations of an organization or a company. These professionals oversee all financial activities and staff, gather financial data, and analyze revenue, costs, and expenditures for an organization. They supervise cash and revenue for an organization, optimize financial procedures, monitor the costs and expenses, perform audits, and work with other departments to analyze an organization's financial information.

Most treasury managers have a bachelor's or an associate's degree in accounting, business, or a related field and should possess strong accounting, management, communication, and analytical skills. These individuals should also be proficient at managing accounting teams, working with other departments, and generating reports for clients and upper management.

If you have a knack for numbers and are comfortable managing teams, a career as a treasury manager can be a rewarding one. A treasury manager can make up to $112,000 annually in the US, and the career field is expected to grow 16% in the next ten years.

What general advice would you give to a treasury manager?

Sean CoteSean Cote LinkedIn profile

Professor, Rhode Island College

Enjoy every day.
Learn from everything you do in your job. Especially when you make mistakes. I did a triathlon two years ago. It took a ton of training for me to be ready for this race. Was I good at anything that was part of the triathlon? Nope, in fact, I HATE running and biking. But I knew that if I put my mind to it, and worked hard, I could finish this race... and I did! The same thing applies to your career. Work hard and put your mind to it and you can reach your long-term career goals. Good luck, graduates!
ScoreTreasury ManagerUS Average
Salary
7.9

Avg. Salary $110,139

Avg. Salary $59,228

Stability level
9.5

Growth rate 17%

Growth rate 0.3%

Diversity
3.3
Race

American Indian and Alaska Native 0.34%

Asian 10.10%

Black or African American 7.53%

Hispanic or Latino 14.40%

Unknown 4.10%

White 63.54%

Gender

female 36.69%

male 63.31%

Age - 46
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46
Stress level
9.5

Stress level is very high

7.1 - high

Complexity level
9.3

Complexity level is advanced

7 - challenging

Work life balance
4.9

Work life balance is fair

6.4 - fair

Treasury manager career paths

Key steps to become a treasury manager

  1. Explore treasury manager education requirements

    Most common treasury manager degrees

    Bachelor's

    71.2 %

    Master's

    22.2 %

    Associate

    4.7 %
  2. Start to develop specific treasury manager skills

    SkillsPercentages
    Cash Management13.91%
    Treasury12.94%
    Foreign Exchange4.26%
    Risk Management4.23%
    Cash Flow3.83%
  3. Complete relevant treasury manager training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New treasury managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a treasury manager based on U.S. Bureau of Labor Statistics data and data from real treasury manager resumes.
  4. Research treasury manager duties and responsibilities

    • Manage Bloomberg electronic trading environment with investment banks, dealers, develop and maintain investment database and all investment/bank/treasury systems.
    • Perform balance sheet account reconciliations, account analysis, accrual calculations, and other relate accounting documents/schedules.
    • Calculate monthly depreciation expense per GAAP.
    • Ensure regulatory compliance including spearheading implementation of Sarbanes-Oxley (SOX).
  5. Prepare your treasury manager resume

    When your background is strong enough, you can start writing your treasury manager resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a treasury manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable treasury manager resume templates

    Build a professional treasury manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your treasury manager resume.
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    Treasury Manager Resume
    Treasury Manager Resume
    Treasury Manager Resume
  6. Apply for treasury manager jobs

    Now it's time to start searching for a treasury manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first treasury manager job

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Average treasury manager salary

The average treasury manager salary in the United States is $110,139 per year or $53 per hour. Treasury manager salaries range between $77,000 and $156,000 per year.

Average treasury manager salary
$110,139 Yearly
$52.95 hourly

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A zippia user wrote a review on Jul 2019
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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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