Discover the essential requirements, duties, responsibilities, and skills needed for a Treasurer job description.
What does a Treasurer do?
A treasurer is responsible for managing the financial affairs of a company and ensuring that all legal accounting practices are followed. This role involves maintaining and improving the company's financial standing by creating financial policies, assessing risks, identifying funding opportunities, and advising on investment decisions.
Job Description
We are seeking an experienced treasurer to oversee the financial affairs of our organization. As a treasurer, you will be responsible for protecting company funds, anticipating borrowing needs, and preparing financial reports. You will also provide guidance on loans and investments to ensure the company has enough funds for daily operations and future investments.
To be successful in this role, you should have a strong understanding of accounting practices, knowledge of banking regulations, and excellent communication skills. A skilled treasurer can help improve a company's financial standing by effectively managing risks and cash flow.
Job Duties and Responsibilities
- Manage company funds through depositing, banking, and safeguarding.
- Advise senior management on risk assessments, including loans, investments, and liquidity.
- Anticipate borrowing needs and make necessary arrangements.
- Maintain financial policies and systems.
- Oversee third-party financial activities.
- Handle outsourced treasury functions.
- Create budgets and financial statements.
- Prepare forecasting and financial reports.
- Implement legislative and financial policies.
Requirements and Qualifications
- Bachelor's degree in accounting or finance.
- Prior experience as a treasurer.
- CPA certification.
- Proficiency in financial software systems like SAP and Oracle.
- Excellent communication and forecasting skills.
- Thorough understanding of financial laws and regulations.
- Familiarity with financing techniques and investment management.
- Advanced mathematical skills.
- Ability to write and present financial reports.