Assistant Treasurer Salary

Assistant Treasurers who are practiced in their profession and carry more than 10 years of experience make up approximately two-thirds of Assistant Treasurers. Pay fluctuates from $34K to $202K per year, but expected earnings average $97K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Women make up a slight majority of Assistant Treasurers (54 percent) survey respondents. Work is enjoyable for Assistant Treasurers, who typically claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$41,736 - $164,923
(Median)
$42K
$97K
$160K
MEDIAN: $96,789
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
$41,736 - $164,923  
   
Bonus
$103.04 - $49,401  
Profit Sharing
$5,000 - $35,000  
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).
)
$33,680 - $201,971  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 249
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
$103.04 - $49,401  
   
Profit Sharing
$5,000 - $35,000  
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).
)
$33,680 - $201,971  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 38
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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 progress into high-paying roles like Chief Financial Officer, where median compensation is $122K annually. Going from Assistant Treasurer to Top Corporate Treasurer is the transition that occurs most often in this field, where the paychecks are $104K. Many others choose to work as Treasurers, where pay is typically $78K.

Assistant Treasurer Job Listings

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Popular Skills for Assistant Treasurer


Survey results imply that Assistant Treasurers put a diverse skill set to use. Most notably, facility with Investor Relations, Investment Management, and Risk Management / Risk Control are correlated to pay that is significantly above average, leading to increases of 72 percent, 39 percent, and 27 percent, respectively. Those listing Bookkeeping as a skill should be prepared for drastically lower pay. Payroll Administration and Accounting also typically command lower compensation. The majority of those who know Cash Flow Management also know Financial Analysis.

Pay by Experience Level for Assistant Treasurer

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


Those in the early stages of their career can expect to make around $45K; however, individuals with five to 10 years of experience bring in $90K on average — a distinctly larger sum. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $127K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $117K on average.

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Experience Affects Assistant Treasurer Salaries


Late-Career
up arrow 29%

National Average
$91,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 51%

Skills That Affect Assistant Treasurer Salaries

Investor Relations
up arrow 72%

Investment Management
up arrow 39%

Risk Management / Risk Control
up arrow 27%

Financial Analysis
up arrow 20%


National Average
$91,000

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 57 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: 90% dental benefits Dental: 80%
vision benefits Vision: 63% employee benefits None: 8%
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