Treasurer Salary

Just below two-thirds of Treasurers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $32K to $214K per year, but median earnings come to around $89K per year. With some bonuses approaching $55K and certain profit sharing proceeds approaching $52K, overall incomes of Treasurers spread between $32K and $214K depending on individual performance. Geography and career length each impact pay for this group, with the former having the largest influence. Men make up a slight majority of Treasurers (52 percent) who responded to the survey. A large number report receiving medical coverage from their employers and more than half collect dental insurance. Most Treasurers like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.

$41,114 - $190,463

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$9.99 - $29.95

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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
$41,114 - $190,463  
   
Bonus
$0.00 - $55,000  
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).
)
$31,976 - $213,788  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 485
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
$9.99 - $29.95  
   
Overtime
$0.00 - $40.39  
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
$0.00 - $55,000  
   
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).
)
$31,976 - $213,788  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 83
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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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Though some Treasurers move into positions like Chief Financial Officer (where the average salary is $122K), this progression is not the norm. Becoming a Top Corporate Treasurer is, more often than not, the most common role that Treasurers move into when they're ready for the next step in their career. The average salary for the position is $102K. Another frequent advance is for Treasurers to assume a Financial Controller role; in this role, workers often earn $77K.

Treasurer Job Listings

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Popular Skills for Treasurer


Treasurers generally report applying a varied skill set to their work. Most notably, facility with Risk Management / Risk Control, Banking, and Investment Management are correlated to pay that is significantly above average, leading to increases of 177 percent, 132 percent, and 18 percent, respectively. At the other end of the pay range are skills like Budget Management and Financial Reporting. It is often found that people who know Financial Analysis are also skilled in 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.


Those who have worked for fewer than five years take home a median salary of $49K, and workers with five to 10 years of experience earn a higher $72K on average. 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. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $102K by contrast.

Pay Difference by Location


Treasurers will find that Stamford offers an impressive pay rate, one which exceeds the national average by 183 percent. Treasurers will also find cushy salaries in New York (+102 percent), Los Angeles (+95 percent), Houston (+84 percent), and Chicago (+68 percent). Denver ranks last in the field for pay, reporting salaries 8 percent below the national average.

Related Job Salaries

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Experience Affects Treasurer Salaries



National Average
$82,000



Skills That Affect Treasurer Salaries

Risk Management / Risk Control
up arrow 177%

Banking
up arrow 132%


Investment Management
up arrow 18%


Accounting
0%

National Average
$82,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
2%
1-4 years
17%
5-9 years
18%
10-19 years
31%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 67%
vision benefits Vision: 49% employee benefits None: 14%
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