Treasurer Job Description
The job of a Treasurer involves helping executives with financial planning, investing, fund procurement; preparing financial reports for management; managing cash forecasting and budgeting; and developing goals, objectives and budgets of the treasury department. This position is an integral part of a company, so the person should have a high level of integrity.
Education/Experience Requirements for the job of a Treasurer: A successful candidate must possess a master’s degree in accounting, finance, business or a relevant field and at least five years experience in the industry. Certification is usually a requirement for large corporations.
Skills of a Treasurer include but are not limited to: Excellent written and verbal communication skills, presentation skills, customer service skills, risk management skills, problem-solving and analytical skills, advanced computer skills, interpersonal skills, excellent organizational skills and extensive finance, business and accounting knowledge.
Specific work elements of the job as a Treasurer include but are not limited to: Preparing annual budgets before the start of each financial year; preparing budgets for fundraising and other projects; preparing a cash flow projection; preparing management accounts, draft annual accounts and audited accounts; maintaining bookkeeping systems; updating records of receivables; acting as cheque signatories; ensuring bills are paid; checking if investments are earning a good rate of interest; ensuring compliance with tax regulations and other finance-related laws; recommending changes to payroll systems; helping companies with fundraising activities; checking if annual return is made; monitoring tasks of auditors and independent examiners and attending industry events, among others.
