Treasurers and Controllers
Treasurer job descriptions include directing financial activities, such as planning, procurement, and investments for all or part of an organization.
Quality control jobs majorly evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations, delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments, develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities. They further monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met and receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
A good understanding of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data, business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
To be successful in the treasurer job description, one needs complex problem-solving skills, judgment & decision making, management of financial resources, and critical thinking. Projected growth for this job profile is expected to boost much faster than average with seven-figure corporate treasurer salary.
Qualifications
Every career requires an element of study and academic qualification, and there can be several study routes and pathways you can take. In following any academic pathway you will study subjects that contribute to the specialised knowledge required to achieve your career goals. These qualifications provide a future employer with the evidence that you have the desired knowledge, understanding and experience of their industry, so it’s important to consider the various types of qualifications available to you and to understand how they can boost your career and create opportunities for you.
- B.Com Finance
- BBA Management
- MBA Finance
- PGDM Financial Management
Tasks
- Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
- Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
- Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
- Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
Progression Routes
READY FOR MORE?
Subscribe to our Premium package and you'll unlock a wealth of extra information about your favourite careers and gain access our library of immersive 360° VR careers experience.
As a Premium user you'll find out more about the day-to-day demands of any career, what you could earn and, importantly, receive expert advice on study routes, preparation expenses, and where & what to study to fulfil your potential.