Corporate Treasurer, Top Salary
A Corporate Treasurer, Top earns an average salary of $93,998 per year. Most people in this job have more than five years' experience in related jobs.
Job Description for Corporate Treasurer, Top
Corporations typically engage in active investment and utilization of their capital through a variety of investments, as well as managing their own stocks and shareholder equity positions. The role of a corporate treasury is to analyze and mitigate exposure to risk, and the "top" corporate treasurer is the head executive of this department who has the ultimate responsibility for this difficult task. He/she will typically oversee risk analyses and risk management teams and offer input to investment professionals within the hierarchy to maintain the financial health and foundation of the corporation.Read More...
The top treasurer of a corporate entity will often receive both procedurally-generated reports of the company's positions and wealth and regular analyses of a variety of risk factors from his/her risk analysis teams. The treasurer uses this data and information to help shape policies that mitigate exposure to credit risks for the company, and also helps to ensure that the flow through of money within the company remains healthy and access to liquid assets is available when necessary.
Corporate treasurers also prepare their own reports and analyses based upon the input of their financial analysts and present this information to board members and shareholders. It is often information from the top corporate treasurer which is used in the firm's periodic financial reporting documents, and the treasurer will typically work with both internal and external audit teams to verify the soundness of the information in these reports before they are presented.
Top corporate treasurers have a great deal of responsibility related to financial risk management and must not only have an acute understanding of intricate and modern corporate financial activities, but also the organizational skills to utilize a variety of information and analyses from teams throughout the financial hierarchy of the company. Top corporate treasurers generally have significant corporate finance experience, including expert-level management of risk analysis teams. They typically work in an office environment during regular business hours, and travel may be a regular part of the job depending on the employer.
Corporate Treasurer, Top Tasks
- Ensure financial transactions and reporting complies with company and government regulations.
- Develop plans outlining company cash and financial needs.
- Take measures to mitigate corporate risk.
- Oversee administration of a corporate treasury, including cash management, investments, and credit.
- Train and supervise treasury assistant staff.