Treasury Manager

Treasury Managers are responsible for overseeing the flow of cash for every financial activity in the company, while making sure accuracy and efficiency are maintained. Their primary responsibilities involve formulating strategies to improve financial reporting, analyzing the expenses and costs of various departments, performing audits and risk assessments and working with different offices to collect the necessary financial data.

Some names for Treasury Managers are:

• Risk Managers: Risk Managers provide advice to organizations about possible threats to a business's safety, profitability or security.
• Treasury Analyst: Treasury Analyst Treasury Analyst plays a crucial job for any company which has large quantities of money, loans, banking and other critical assets. They are responsible for managing the company's finances and transactions. 
• Financial Analysts: Financial Analysts provide advice to individuals and organizations on the best ways to spend their money to make the most profit.

An Treasury Manager is responsible for managing the financial assets of a company. Their main responsibilities include:

• Managing daily cash flow, forecasting future cash needs, and optimizing cash utilization.
• Ensuring availability of cash and maintaining proper liquidity for operations.
• Building and maintaining relationships with banks, negotiating terms, and managing bank accounts.
• Identifying and minimizing financial risks through hedging, insurance, and investment strategies.

Major qualifications required for Treasury Manager are:

• Must possess a bachelor's degree in economics, finance, or in business management.
• Must have the following qualifications: MBA, CPA (Certified Public Accountant), Certified Treasury Professional license
• Strong analytical abilities
• Attention to specifics
• Exceptional communication and interpersonal skills
• The capacity to build connections with different stakeholders
• Excellent at working to meet deadlines and solving problems
• Excellent customer service, and the ability to establish solid customer relationships
• Efficient using Microsoft Office
• Statistics
• Financial Analysis
• Excellent management experience in the treasury department and a thorough understanding of accounting for treasury, which includes cash flow as well as various financial instruments.

Some Alternative job roles available for Treasury Manager are:

• Financial Analyst: Analyzes financial data, performs financial forecasts, and provides recommendations to support business decision-making.
• Treasury Analyst: Manages cash flow, monitors investments, and analyzes financial risks to ensure optimal cash management and financial stability.
• Treasury Operations Associate: Executes treasury tasks such as cash management, cash forecasting, liquidity monitoring, and bank account reconciliations.
• Treasury Assistant: Assists in treasury functions, including cash management, financial reporting, and documentation to support treasury operations.

According to the recent seven years' statistics, there has been a considerable 30% growth in the number of CFA (Chartered Financial Analyst) applicants. Treasury Manager sector, like Financial Analyst, employment is expected to grow 5% between 2019 and 2029, faster than the average for all industries.
In India, the Treasury Manager sector, such as Financial Analysts with less than a year of experience, may earn an annual salary of $313,149. Between 5 to 9 years of experience, the pay might rise to 574,432 dollars. A person with 10 to 19 years of experience may earn approximately $981,857 annually. Employees with 20 years or more experience in their late careers can expect an annual compensation of $1,502,000.