Approximately two-thirds of Assistant Treasurers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $38K to $214K per year, and the average comes out to $101K per year. Total cash compensation for Assistant Treasurers runs from $38K to $214K depending on bonuses that can occasionally exceed $54K and profit sharing that can reach almost $21K. Geography and career length each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Work is enjoyable for Assistant Treasurers, who typically claim high levels of job satisfaction. Women are just slightly outnumbered, with male Assistant Treasurers making up 50 percent of survey respondents. Women make up a slight majority of Assistant Treasurers (50 percent) survey respondents. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$45,594 - $177,704
(Median)
$46K
$100K
$180K
MEDIAN: $100,837
10%
50%
90%

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$12.93 - $26.88
(Median)
$13
$18
$27
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$80K$160K$240K
Salary
$45,594 - $177,704  
   
Bonus
$1,445 - $53,780  
Profit Sharing
$1,181 - $20,729  
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).
)
$38,422 - $213,602  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 168
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$12.93 - $26.88  
   
Overtime
$26.89  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$1,445 - $53,780  
   
Profit Sharing
$1,181 - $20,729  
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).
)
$38,422 - $213,602  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 24
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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 who go on to become Chief Financial Officers may see their salaries climb quite a bit. Median pay for Chief Financial Officers is $123K annually. The most common promotion for Assistant Treasurers is Top Corporate Treasurer, a position that typically pays $101K annually. Another standard transition for Assistant Treasurers seeking advancement is to assume a Treasurer role, where pay is often $76K.

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Popular Skills for Assistant Treasurer


Assistant Treasurers report using a diverse set of skills on the job. 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 66 percent, 53 percent, and 23 percent, respectively. Those listing Payroll Administration as a skill should be prepared for drastically lower pay. Accounts Payable and Bookkeeping also typically command lower compensation. Those proficient in Cash Flow Management are, more often than not, also skilled in Investment Management.

Pay by Experience Level for Assistant Treasurer

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Relatively untried employees who have less than five years' experience make $55K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $100K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $118K. People who have worked for more than 20 years report a median income of $123K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Assistant Treasurer Salaries




National Average
$95,000

Entry-Level
up arrow 42%

Skills That Affect Assistant Treasurer Salaries

Investor Relations
up arrow 66%


Risk Management / Risk Control
up arrow 23%



National Average
$95,000

Financial Reporting
up arrow 35%

Accounting
up arrow 39%

Bookkeeping
up arrow 57%

Accounts Payable
up arrow 58%

Payroll Administration
up arrow 62%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
16%
5-9 years
18%
10-19 years
38%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 80%
medical benefits
Vision: 68%
dental benefits
None: 7%
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