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Assistant Treasurer Salary

Assistant Treasurers in the United States tend to be well-versed in their field, and roughly two in three have more than 10 years of experience. Average salary is expected to be around $97K annually, but may range from $34K to $206K per year. Overall cash earnings of Assistant Treasurers stretch from $34K near the bottom to $206K at the top, and the heftiest packages can encompass around $53K each from bonuses and profit sharing. Career duration is the biggest factor affecting pay for this group, followed by geography. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 54 percent. The majority of workers are highly satisfied with their job. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$41,665 - $166,303
(Median)
$42K
$97K
$170K
MEDIAN: $96,757
10%
50%
90%

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$10.03 - $34.30
(Median)
$10
$18
$34
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$41,665 - $166,303  
   
Bonus
$251.68 - $52,524  
Profit Sharing
$-0.50 - $51,825  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,913 - $205,648  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 257
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$10.03 - $34.30  
   
Overtime
$22.20 - $52.12  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$251.68 - $52,524  
   
Profit Sharing
$-0.50 - $51,825  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,913 - $205,648  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 38

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United States (change)


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Job Description for Assistant Treasurer

Assistant treasurers are responsible for managing and overseeing the financial accounts of their organization, as well as providing global oversight and guidance for all cash-management activities. The position requires extreme discretion and advanced knowledge of accounting, as these treasurers must develop and maintain advantageous relationships with banks and other financial institutions to further the success of their own organization.

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Assistant Treasurer Tasks

  • Support treasurer, management, and other groups in processing financial information and conducting financial analysis.
  • Manage company banking, calculate daily or weekly cash needs.
  • Assist with administration of a corporate treasury and cash management.
  • Draft reports on company debts, complying with corporate and government regulations.

Common Career Paths for Assistant Treasurer


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Assistant Treasurers may experience a large salary bump if they progress into a role such as Chief Financial Officer. The latter position pays an average of $122K annually. The most common promotion for Assistant Treasurers is Top Corporate Treasurer, a position that typically pays $104K annually. Another standard transition for Assistant Treasurers seeking advancement is to assume a Treasurer role, where pay is often $78K.

Assistant Treasurer Job Listings

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Popular Skills for Assistant Treasurer


Survey results suggest that Assistant Treasurers use a fairly large toolkit of professional skills. Most notably, facility with Investor Relations, Investment Management, and Cash Flow Management are correlated to pay that is significantly above average, leading to increases of 72 percent, 39 percent, and 17 percent, respectively. Those listing Bookkeeping as a skill should be prepared for drastically lower pay. Payroll Administration and Accounting also typically command lower compensation. Those educated in Cash Flow Management tend to be well versed in Financial Analysis.

Pay by Experience Level for Assistant Treasurer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Workers in their first five years can expect to earn $46K, but people who have been around for five to 10 years earn a noticeably bigger sum of $90K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $126K on average. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $115K on average.

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United States (change)

Experience Affects Assistant Treasurer Salaries


Late-Career
up arrow 26%

National Average
$91,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 50%

Skills That Affect Assistant Treasurer Salaries

Investor Relations
up arrow 72%

Investment Management
up arrow 39%


Financial Analysis
up arrow 13%

National Average
$91,000

Risk Management / Risk Control
up arrow 1%

Financial Reporting
up arrow 31%

Accounting
up arrow 37%

Payroll Administration
up arrow 53%

Bookkeeping
up arrow 56%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
3%
1-4 years
13%
5-9 years
17%
10-19 years
44%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 80%
vision benefits Vision: 63% employee benefits None: 7%
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