Treasurer Salary

Treasurers in the United States tend to have a good amount of experience under their belt — just under two-thirds have more than 10 years in the field. While pay runs from $33K to $213K per year, median earnings come to $89K per year. Cash earnings of Treasurers can occasionally include $52K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $33K to almost $213K. Geographic location and career length each impact pay for this group, with the former having the largest influence. Men working as Treasurers who took the survey just slightly outnumber women at 52 percent. A large number report receiving medical coverage from their employers and the larger part collect dental insurance. The majority of workers are highly satisfied with their job. Respondents to the PayScale salary survey provided the data for this report.

$41,132 - $189,062
(Median)
$41K
$89K
$190K
MEDIAN: $89,427
10%
50%
90%

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$9.95 - $30.07
(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$80K$160K$240K
Salary
$41,132 - $189,062  
   
Bonus
$0.00 - $51,876  
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).
)
$32,578 - $212,879  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 486
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
$9.95 - $30.07  
   
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 - $51,876  
   
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).
)
$32,578 - $212,879  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 80
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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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While Treasurers do not often become Chief Financial Officers, the job pays $122K per year on average. 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


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 136 percent, 17 percent, and 13 percent, respectively. Skills that pay less than market rate include Budget Management and Financial Reporting. Those proficient in Financial Analysis are, more often than not, 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.


Salaries for inexperienced workers average out to $72K, and those with five to 10 years' experience earn a higher median of $50K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $112K. Treasurers who claim more than two decades of experience actually make somewhat smaller average paychecks of $103K.

Pay Difference by Location


Home to some of the best pay for Treasurers, Stamford offers exceptional salaries, 180 percent above the national average. Treasurers will also find cushy salaries in New York (+100 percent), Los Angeles (+93 percent), Houston (+82 percent), and Chicago (+66 percent). The smallest paychecks in the market, 9 percent south of the national average, can be found in Denver.

Related Job Salaries

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Experience Affects Treasurer Salaries



National Average
$83,000



Skills That Affect Treasurer Salaries

Banking
up arrow 136%

Investment Management
up arrow 17%



National Average
$83,000

Accounting
up arrow 1%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
2%
1-4 years
16%
5-9 years
18%
10-19 years
32%
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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