Treasurer Salary

With just under two-thirds of Treasurers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Treasurers is $89K annually and can range from $32K on the lower end to $213K per year near the higher end. Total cash compensation to Treasurers ranges from $32K on the lower end to $213K on the higher end; the final number includes potential for approximately $52K each from bonuses and profit sharing in exceptional cases. Geography is the biggest factor affecting pay for this group, followed by career length. Most workers in this position report high levels of job satisfaction. Most enjoy medical while the greater part get dental coverage. Vision coverage is also available to nearly one-half. Women are just slightly outnumbered, with male Treasurers making up 52 percent of survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$41,095 - $189,074
(Median)
$41K
$89K
$190K
MEDIAN: $88,975
10%
50%
90%

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$9.98 - $29.99
(Median)
$10
$16
$30
MEDIAN: $16.00
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$80K$160K$240K
Salary
$41,095 - $189,074  
   
Bonus
$0.00 - $52,147  
Profit Sharing
$1,030 - $51,556  
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).
)
$32,380 - $212,879  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 484
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
$9.98 - $29.99  
   
Overtime
$0.00 - $40.39  
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
$0.00 - $52,147  
   
Profit Sharing
$1,030 - $51,556  
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).
)
$32,380 - $212,879  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 82
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Job Description for Treasurer

Treasurers manage daily cash flow for their organization and help improve banking services. They are also responsible for creating and presenting departmental strategy to management, as well as create reports and data analysis for use of the management team. Other tasks performed by treasurers include directing, managing, disciplining, and evaluating staff under their supervision. These professionals also serve as advisers to the management team. As well as helping control the company's debt and investments, the treasurer should be creative in finding new ways of improving payment strategies, creating efficiencies, and streamlining processes with in the company. Treasurers generally work full time during regular business hours.

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Treasurer Tasks

  • Invest excess cash in a manner which receives the highest returns with acceptable levels of risk.
  • Provide regular analysis, forecasts, and reports on the organization’s financial condition.
  • Review and approve plans for taking on debt, and handle procedures for taking out loans or selling bonds.
  • Maintain accurate records of an organization’s accounts and investments, and determine cash liquidity needs.
  • Manage the payroll, accounting for salaries, benefits, and taxes.

Common Career Paths for Treasurer


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There are some Treasurers — though it's uncommon — that transition into Chief Financial Officers, where earnings are an average $122K annually. The most common career progression for Treasurers leads to becoming a Top Corporate Treasurer, where average pay is $102K annually. However, many Treasurers also opt to become Financial Controllers. Typically, a Financial Controller brings home $77K.

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Popular Skills for Treasurer


Survey results show that Treasurers use a fair number of skills. Most notably, facility with Banking, Investment Management, and Cash Flow Management are correlated to pay that is significantly above average, leading to increases of 131 percent, 18 percent, and 15 percent, respectively. Skills that seem to negatively impact pay include Budget Management and Financial Reporting. For most people, competency in Financial Analysis indicates knowledge of Budget Management and Cash Flow Management.

Pay by Experience Level for Treasurer

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


Folks with fewer than five years of experience take home $50K on average, and those who have worked for five to 10 years see a bigger median salary of $72K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $113K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $102K.

Pay Difference by Location


Stamford is home to an above-average pay rate for Treasurers, 182 percent higher than the national average. Treasurers can also look forward to large paychecks in cities like Los Angeles (+94 percent), New York (+92 percent), Houston (+83 percent), and Chicago (+67 percent). Falling short of the national average by 8 percent, the area with the worst salaries is Denver.

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Experience Affects Treasurer Salaries



National Average
$82,000



Skills That Affect Treasurer Salaries

Banking
up arrow 131%

Investment Management
up arrow 18%



Accounting
0%

National Average
$82,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
2%
1-4 years
16%
5-9 years
19%
10-19 years
31%
20 years or more
32%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 67%
vision benefits Vision: 48% employee benefits None: 14%
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