Treasury Manager Jobs & Career Guide
What is a Treasury Manager?
A Treasury Manager is a senior-level executive responsible for managing an organization’s financial activities related to cash flow, corporate finance, and treasury operations. This role is crucial for maintaining the financial stability and liquidity of a company, ensuring that it has the resources needed to meet its financial obligations and strategic goals. There are ~8k dedicated treasury managers in the US whilst in some organizations the role of treasury management may fall on another financial executive as part of a broader role.
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Being a treasury manager is like being the financial guardian of a company. You oversee the organization’s cash flow, manage risk exposure, and ensure financial stability. It’s a multifaceted role that demands a blend of financial expertise, strategic thinking, and relationship building. You negotiate with banks, manage foreign exchange fluctuations, and implement strategies to optimize cash flow. The best part? Knowing your decisions directly impact the company’s financial health and future growth. It’s a dynamic field, constantly evolving with new technologies and regulations. You need to be adaptable, resourceful, and a quick learner to stay ahead of the curve. But the satisfaction of safeguarding the company’s financial well-being and contributing to its success makes it incredibly rewarding.
A Day in the Life
Here is what a typical day might look like for a treasury manager in a large software company:
- 8:00 AM: Start the day by reviewing global financial news, market trends, and updates relevant to the company’s operations. This includes checking on foreign exchange rates, interest rate movements, and other financial indicators that could affect the company’s cash flow and investments.
- 8:30 AM: Analyze daily cash position reports to assess liquidity needs and ensure there are sufficient funds available for operational requirements. Make decisions on short-term investments or borrowing based on cash flow forecasts.
- 9:00 AM: Meet with the treasury team to discuss key financial tasks for the day, delegate activities such as cash management, payment scheduling, and follow-ups on outstanding financial issues.
- 9:30 AM: Review and approve large payments or financial transactions, ensuring all transactions comply with internal policies and external regulatory requirements.
- 11:00 AM: Conduct a meeting with bank representatives to negotiate terms for a new line of credit or to discuss the service levels and fees for recent banking services.
- 12:00 PM: Lunch
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- 1:00 PM: Participate in a strategic meeting with the finance department and senior executives to provide updates on the treasury’s contributions to financial projects, including updates on funding strategies and risk management.
- 2:00 PM: Work on a long-term financial strategy for upcoming product launches or expansions, assessing the capital expenditure requirements and aligning them with forecasted cash flows and funding options.
- 3:00 PM: Manage and assess the company’s financial risk exposure, possibly updating hedging strategies against foreign exchange or interest rate volatility to protect the company’s financial health.
- 4:00 PM: Review and update treasury policies and procedures, ensuring they are up to date with current financial regulations and market conditions. Prepare for upcoming audits or compliance checks.
- 5:00 PM: Analyze and prepare financial reports for the CFO, detailing treasury activities, performance metrics against financial goals, and any significant financial risks or opportunities.
- 6:00 PM: Wrap up the day by checking emails, finalizing reports, and setting up tasks for the next day.
- 6:30 PM: Head home or possibly attend a local professional networking event to stay connected with industry trends and peer developments.
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Position | Company | Location | Posted |
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Senior Construction Accountant | HIKINEX | New York, New York US | 09/06/2024 |
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Controller | Radiology Imaging Associates | Englewood, Colorado US | 09/06/2024 |
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Executive Director | DiverseForce | Philadelphia, Pennsylvania US | 09/06/2024 |
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Business Director & Controller | North Carolina Community Foundation | Raleigh, North Carolina US | 09/06/2024 |
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Director, Cash Management and Liquidity Sales (Non Banking Financial Institutions) | BNP Paribas | New York, New York US | 09/06/2024 |
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TreasuryControllers-GlobalFinanceandBusinessManagement | JPMorgan Chase | Chicago, Illinois US | 09/06/2024 |
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Commercial Credit Specialist I/II – Phoenix, AZ | Bank of America | Phoenix, Arizona US | 09/06/2024 |
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Commercial Credit Specialist I/II – Charlotte, NC | Bank of America | Charlotte, North Carolina US | 09/06/2024 |
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Company
HIKINEX
Location
New York, New York US
Posted
09/06/2024
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Company
Radiology Imaging Associates
Location
Englewood, Colorado US
Posted
09/06/2024
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Company
DiverseForce
Location
Philadelphia, Pennsylvania US
Posted
09/06/2024
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Company
North Carolina Community Foundation
Location
Raleigh, North Carolina US
Posted
09/06/2024
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Company
BNP Paribas
Location
New York, New York US
Posted
09/06/2024
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Company
JPMorgan Chase
Location
Chicago, Illinois US
Posted
09/06/2024
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Company
Bank of America
Location
Phoenix, Arizona US
Posted
09/06/2024
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Company
Bank of America
Location
Charlotte, North Carolina US
Posted
09/06/2024
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