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Treasurer Salary

With slightly less than two-thirds of Treasurers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $31K to $212K per year and averages out to $88K per year. Cash earnings for Treasurers — which occasionally include more than $59K from bonuses and more than $52K from profit sharing — stretch from around $31K to approximately $212K. Residence and career length each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Treasurers. Medical benefits are awarded to a large number, and the greater part earn dental coverage. Male Treasurers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 52 percent of the field. The numbers in this rundown were provided by PayScale's salary survey participants.

$40,049 - $188,078
(Median)
$40K
$88K
$190K
MEDIAN: $88,308
10%
50%
90%

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$9.92 - $30.81
(Median)
$9
$17
$31
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$80K$160K$240K
Salary
$40,049 - $188,078  
   
Bonus
$0.00 - $59,461  
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).
)
$31,315 - $212,278  
Country: United States | Currency: USD | Updated: 2 May 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
$9.92 - $30.81  
   
Overtime
$0.00 - $44.12  
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
$0.00 - $59,461  
   
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).
)
$31,315 - $212,278  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 78

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United States (change)


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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 not the most common occurrence, Treasurers sometimes become Chief Financial Officers, where the average income is $122K per year. Going from 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 Financial Controllers, where pay is typically $77K.

Treasurer Job Listings

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Popular Skills for Treasurer


Treasurers report using a diverse set of skills on the job. Most notably, facility with Banking, Investment Management, and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 145 percent, 18 percent, and 11 percent, respectively. Skills that seem to negatively impact pay include Financial Reporting and Budget Management. Most people experienced in Financial Analysis also know 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.


The median compensation for relatively untried workers is $50K; in the five-to-10 year group, it's higher at around $73K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $110K. Treasurers who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $103K.

Pay Difference by Location


Stamford is home to an above-average pay rate for Treasurers, 183 percent higher than the national average. Treasurers will also find cushy salaries in New York (+102 percent), Los Angeles (+95 percent), Houston (+83 percent), and Atlanta (+63 percent). Those in the field find the lowest salaries in Denver, 8 percent below the national average.

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United States (change)

Experience Affects Treasurer Salaries



National Average
$82,000



Skills That Affect Treasurer Salaries

Banking
up arrow 145%

Investment Management
up arrow 18%



Accounting
0%

National Average
$82,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 104 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: 84% dental benefits Dental: 66%
vision benefits Vision: 47% employee benefits None: 15%
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