Treasury Career

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Treasury Meaning

Treasury careers are for professionals who manage and handle the financial risk and money within an organization. Excelling in a treasury career path involves efficient management of cash flow and daily obligations. Additionally, they are also responsible to formulate long-term policies and strategies to facilitate the growth of the organization.

Treasury Career

The national treasury is where a government’s funds are deposited, managed, and disbursed. This involves all public policies, loans, management of all employees, and schemes. The hierarchy ranges right from an entry-level professional to the head of treasury. It is a team that works in tandem with the accounting team to formulate a budget to present in front of the house for approval.

Treasury Career Explained

The Treasury is the most crucial department for any organization or government for keeping the financial health of the company or the economy intact and helping them to run the business and schemes in a successful manner. Treasury is responsible for preparing detailed future projections and forecasting the funding requirements through various means.

  • It's one to keep citing highly paid jobs in the financial services market since it is the heart of the company providing support to all the other departments.
  • All the strategic decisions by the top management are taken based on the treasury MIS report submitted by the head since it includes the cash flows that are and are going to arise in the future.
  • It offers diversified career opportunities to people since, here, the sector of the business is not important. A person having experience in treasury profile can work in any organization around the globe – be it large or SME companies since each of them have a separate treasury department who takes care of the financial requirements of the business.
  • Treasury does not matter if you are working in sectors like financial, auto, steel, consumer goods, etc. It’s a very generic profile across all the sectors, and one does not have to specialize in a particular sector to grow.
  • Treasury professionals should be open to working with any company since the process remains the same, only the products and the sector changes.

List of Top 6 Careers

Let us understand the top 6 careers in both corporate and national treasury careers. These shall help us understand the hierarchy and the intricacies of the daily activities of these professionals.

Career #1 - Research Analyst

Research Analyst uses mathematical tools and analytical methods to work on complex data sets.

Research Analyst - Job Description
ResponsibilitiesSolve complex problems based on their research and analytical skills.
DesignationResearch Analyst
Actual RoleHe will support the treasury team in all the research-level data required to build cash flow models.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per glassdoor survey. www.glassdoor.com
SalaryThe median annual salary for a financial analyst as on May 2018 was $ 83,390 as per bureau of labor statistics of US (www.bls.gov)
Demand & SupplyAs technology advances, there will be more and more demand.
Education RequirementA Bachelor's degree in finance, statistics.
Recommended CoursesCPA/MBA/Masters in statistics.
PositivesHigh growth potential in the analytics department of any company with heavy compensation and an exciting job profile.
NegativesLong working hours and data crunching.

Career #2 - Entry Level Person

An entry-level person is a fresher and starts his career after completing his courses or specialization in finance.

Entry Level Person - Job Description
ResponsibilitiesHe is the one who will work at the ground level with regards to the documentation for all treasury related activities.
DesignationFinancial Analyst
Actual RoleHe will support the senior analyst all day today working like preparing cash flows or drafts on policies.
Job StatisticsAs per the bureau of labor statistics of the US (www.bls.gov), the number of jobs in this category was 2,96,100 as at 2016 and are expected to grow by 11% from 2016 to 2026.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per glassdoor survey.www.glassdoor.com.
SalaryThe median annual salary for a financial analyst as of May 2018 was $ 85,660 as per the bureau of labor statistics of the US (www.bls.gov).
Demand & SupplyDemand for financial analysts in the treasury department tends to grow rapidly due to the establishment of new businesses and mergers and acquisitions. As of now, the supply exceeds the demand but slowly in the future, the demand for financial analysts will surge rapidly due to policy changes like the encouragement of SME industries or start-ups.
Education RequirementA Bachelor's degree or an MBA from a reputed college.
Recommended CoursesCFP or MBA or CPA
PositivesHigh growth potential in the future with heavy compensation and an exciting job profile.
NegativesLong working hours and high pressure since you will be managing billions.

Career #3 - Mid Level Person

Mid Level Person is an experienced person in a treasury role for around 7-10 years.

Mid Level Person - Job Description
ResponsibilitiesLeads the analyst & Senior analyst team in the company and reports to the assistance vice president of the company.
DesignationFinancial Managers
Actual RoleHe will support the head of the company’s treasurer in framing policies and taking strategic decisions by providing the required analysis and research data.
Job StatisticsAs per the bureau of labor statistics of the US (www.bls.gov), the number of jobs in this category was 5,80,400 as at 2016 and are expected to grow at 19% from 2016 to 2026.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per Glass Door Survey. www.glassdoor.com.
SalaryThe median annual salary for a financial analyst as on May 2018 was $ 1,27,990 as per bureau of labor statistics of the US (www.bls.gov).
Demand & SupplyDemand for financial managers in the treasury department tends to grow rapidly as they are directly involved in the planning and directing of the company vision & strategy. Here the supply is less than the demand because it’s a profile that requires good experience in the field.
Education RequirementCPA/MBA from Tier -1 Universities.
Recommended CoursesCPA/MBA
PositivesHigh growth potential in the future with heavy compensation and an exciting job profile.
NegativesHighly risky profiles as they are highly paid in the company and are often the soft targets for lay-offs.

Career #4 - Senior Person

Senior Level Person is an experienced person in the treasury role for around 10-15 years.

Senior Person - Job Description
ResponsibilitiesLeads the financial managers’ team in the company and reports to the vice president of the treasury.
DesignationAssistant Vice President
Actual RoleHe will support the vice president of the company’s meeting with potential lenders and Investors.
Job StatisticsSince it is a senior-level position in the company, exact statistics are not available publicly.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per glassdoor survey.www.glassdoor.com.
SalaryThe median annual salary for an assistant vice president would be approx $ 1,50,000.
Demand & SupplyDemand for AVP’s in the treasury department tends to grow rapidly as they are directly involved in the fundraising meetings with the lenders and are the only point of contact for the company and the lenders.
Education RequirementCPA/MBA from Tier -1 Universities.
Recommended CoursesCPA/MBA
PositivesBuilding on new relationships with lenders and investors. A good opportunity to create a network of professionals in the industry
NegativesHighly risky profiles as they are highly paid in the company and are often the soft targets for lay-offs.

Career #5 - Trainee

The trainee is a management trainee appointed by the company to give training to the people who are undergoing MBA courses.

Trainee - Job Description
ResponsibilitiesResponsible for preparing Ad-hoc projects for the company as per the requirements.
DesignationIndustrial Trainee
Actual RoleHe will work on the Ad hoc projects of the company and also suggest improvements in the internal control system.
Job StatisticsSince it is a trainee level position in the company, exact statistics are not available publicly.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per glassdoor survey.www.glassdoor.com.
SalaryThe median annual salary for an assistant vice president would be approx $ 10,000.
Demand & SupplyThere is a huge demand for such kinds of roles since being a temporary job, the company is willing to hire such trainees at a lower cost and give them the opportunity to excel in their career.
Education RequirementCPA/MBA from Tier -1 Universities.
Recommended CoursesCPA/MBA
PositivesGood exposure to the treasury profile and industry.
NegativesLower pay and longer work hours.

Career #6 - Head Treasury

Market Research Analyst is employed by the AMC to do the required research of the market or any specific industry that will help the fund managers in their decision making.

Head Treasury - Job Description
ResponsibilitiesResponsible for spearheading the treasury activities of the company and preparing a strategic plan and road map for the future.
DesignationSVP/Head Treasury
Actual RoleHe will look at the strategic angle by deciding on the optimal capital mix required in the form of equity and debt funding and its negotiations.
Job StatisticsSince it is the head level position in the company, exact statistics are not available publicly.
Top CompaniesBoston Consulting Group, Travelers, Cisco, Goldman Sachs, Deloitte, Morgan Stanley, J.P Morgan and many more as per glassdoor survey. www.glassdoor.com.
SalaryThe median annual salary for a head treasury can go up to $2,00,000 to $5,00,000.
Demand & SupplyThere is a huge demand for such kinds of roles since being a temporary job, the company is willing to hire such trainees at a lower cost and give them the opportunity to excel in their career.
Education RequirementCPA/MBA from Tier -1 Universities with at least 20 yrs of exp.
Recommended CoursesCPA/MBA
PositivesFront desk role being the face of the company to the lenders and investors and also chance to take part in the management of the company with the CEO.
NegativesHigh risk due to high compensation. For a low credit rated company, the task of the treasurer becomes more difficult to raise money from the market.