Treasurer Salary

Close to two-thirds of Treasurers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $30K to $223K per year, and the average comes out to $92K annually. Total cash earnings of Treasurers range from $30K on the low end to $223K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $81K and $70K, respectively. Geography is the biggest factor affecting pay for this group, followed by experience level. Unfortunately, some people in this line of work are without benefits — nearly one in five lack coverage. On the flip side, a strong majority have medical insurance and the greater part receive dental plans. Women Treasurers who took the survey just slightly outnumber men. The majority of workers are highly satisfied with their job. This overview is based on answers to PayScale's salary questionnaire.

$35,276 - $193,062
$35K
$92K
$190K
MEDIAN: $92,387
10%
50%
90%

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$11.80 - $34.11
$12
$17
$34
MEDIAN: $17.34
10%
50%
90%

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$0$223K
Salary $35,276 - $193,062
Bonus $102.71 - $81,094
Profit Sharing $1,007 - $69,531
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).
)
$30,319 - $223,393
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 343
Hourly Data $0$46
Hourly Rate $11.80 - $34.11
Overtime $18.91 - $46.22
Annual Data $0$223K
Bonus $102.71 - $81,094
Profit Sharing $1,007 - $69,531
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).
)
$30,319 - $223,393
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 77

Find Out Exactly What You Should Be Paid

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.
  • Maintain accurate records of an organization's accounts and investments, and determine cash liquidity needs.
  • Manage the payroll, accounting for salaries, benefits, and taxes.
  • Review and approve plans for taking on debt, and handle procedures for taking out loans or selling bonds.

Common Career Paths for Treasurer


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Treasurers who advance into the role of a Chief Financial Officer are fairly uncommon. Chief Financial Officers on average earn $123K per year. Going from Treasurer to Top Corporate Treasurer is the transition that occurs most often in this field, where the paychecks are $101K. Many others choose to work as Financial Controllers, where pay is typically $77K.

Treasurer Job Listings

Popular Skills for Treasurer


Treasurers report using a pretty varied skill set on the job. 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 197 percent, 141 percent, and 37 percent, respectively. Those listing Budget Management and Financial Reporting as skills, on the other hand, should be prepared for drastically lower pay. Most people experienced in Financial Analysis also know Cash Flow Management and Budget Management. Those familiar with Financial Reporting tend to be well versed in Budget Management and Cash Flow Management.

Pay by Experience Level for Treasurer

Pay by Experience for a Treasurer has a positive trend. An entry-level Treasurer with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 101 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Treasurer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $65,000 based on 112 salaries. An experienced Treasurer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $107,000 based on 158 salaries. A Treasurer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $98,000 based on 119 salaries.

Pay Difference by Location

National Average: $78,720

Larger city markers indicate a job is popular in that location.

Stamford offers some of the highest pay in the country for Treasurers, 194 percent above the national average. Treasurers can also look forward to large paychecks in cities like Houston (+179 percent), New York (+159 percent), Dallas (+127 percent), and Chicago (+122 percent). The smallest paychecks in the market, 4 percent south of the national average, can be found in Denver.

Related Job Salaries

Key Stats for Treasurer

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.
Less than 1 year
2%
1-4 years
15%
5-9 years
17%
10-19 years
31%
20 years or more
35%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Treasurer Salaries

▲36%

▲25%

National Average
$79,000

▼18%

▼42%

Skills That Affect Treasurer Salaries

Risk Management / Risk Control
▲197%

Banking
▲141%

Investment Management
▲37%



Accounting
▲4%

National Average
$79,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
17%
10-19 years
31%
20 years or more
35%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 67%
vision benefits
Vision: 57%
no benefits
None: 21%
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