Treasurer Salary

The majority of Treasurers in the United States — just below two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $31K to $208K per year, and the median is $87K per year. Total cash compensation to Treasurers varies from $31K to $208K; higher pay grades include potential for bonuses and profit sharing as high as $50K each. Residence and career duration each impact pay for this group, with the former having the largest influence. Men make up a slight majority of Treasurers (51 percent) who responded to the survey. A large number report receiving medical coverage from their employers and the greater part collect dental insurance. Job satisfaction is high and work is enjoyable for most Treasurers. The data in this summary comes from the PayScale salary survey.

$39,241 - $185,370
(Median)
$39K
$87K
$190K
MEDIAN: $86,870
10%
50%
90%

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$9.89 - $30.26
(Median)
$9
$17
$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$70K$140K$210K
Salary
$39,241 - $185,370  
   
Bonus
$0.00 - $50,464  
Profit Sharing
$1,030 - $50,800  
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).
)
$31,026 - $207,743  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 482
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
$9.89 - $30.26  
   
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 - $50,464  
   
Profit Sharing
$1,030 - $50,800  
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).
)
$31,026 - $207,743  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 76

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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. A Top Corporate Treasurer role is the most common promotion for Treasurers moving up the ladder, and pay for the position tends to be around the $104K mark. Another typical, albeit less common, transition for Treasurers is a Financial Controller position, where earnings are usually $77K.

Treasurer Job Listings

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Popular Skills for Treasurer


Treasurers report using a pretty varied skill set on the job. Most notably, facility with Banking, Investment Management, and Cash Flow Management are correlated to pay that is significantly above average, leading to increases of 147 percent, 20 percent, and 9 percent, respectively. Skills that seem to negatively impact pay include Financial Reporting and Budget Management. Those educated in Financial Analysis tend to be well versed 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.


Relatively untried employees who have fewer than five years of experience earn around $49K on average. People who have worked for five to 10 years can expect a higher median salary of $73K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $108K. For some reason, Treasurers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $102K.

Pay Difference by Location


For Treasurers, busy Stamford offers a higher-than-average pay rate, 191 percent above the national average. Treasurers will also find cushy salaries in Houston (+107 percent), Los Angeles (+97 percent), New York (+89 percent), and Atlanta (+65 percent). Denver is the lowest-paying area, 7 percent south of the national average.

Related Job Salaries

United States (change)

Experience Affects Treasurer Salaries



National Average
$81,000



Skills That Affect Treasurer Salaries

Banking
up arrow 147%

Investment Management
up arrow 20%



Accounting
up arrow 2%

National Average
$81,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 104 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
2%
1-4 years
17%
5-9 years
18%
10-19 years
32%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 65%
vision benefits Vision: 46% employee benefits None: 16%