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 $31K to $224K per year, median earnings come to $87K annually. Including potential bonuses and profit sharing proceeds (more than $67K for each in exceptional cases) overall income bottoms out near $31K and hits $224K on the high end. Geography is the biggest factor affecting pay for this group, followed by experience level. Men make up a slight majority of Treasurers (51 percent) who responded to the survey. Most report receiving medical coverage from their employers and a majority collect dental insurance. For the most part, Treasurers enjoy their work and report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$39,466 - $194,502
(Median)
$39K
$87K
$190K
MEDIAN: $87,435
10%
50%
90%

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$10.64 - $31.03
(Median)
$11
$17
$31
MEDIAN: $17.00
10%
50%
90%

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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
$39,466 - $194,502  
   
Bonus
$0.00 - $67,314  
Profit Sharing
$2,000 - $68,784  
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).
)
$31,279 - $224,366  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 555
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
$10.64 - $31.03  
   
Overtime
$0.00 - $42.90  
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 - $67,314  
   
Profit Sharing
$2,000 - $68,784  
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).
)
$31,279 - $224,366  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 96
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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 $123K per year. 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 $102K 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 Risk Management / Risk Control, Banking, and Investment Management are correlated to pay that is significantly above average, leading to increases of 160 percent, 136 percent, and 34 percent, respectively. Skills that pay less than market rate include Budget Management and Financial Reporting. The majority of those who know 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.


Relatively untried employees who have less than five years' experience have a median salary of $48K. Those who have been around for five to 10 years can expect to take home more — $71K on average. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $113K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $101K.

Pay Difference by Location

National Average: $80,632

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

Stamford is home to an above-average pay rate for Treasurers, 187 percent higher than the national average. Treasurers can also look forward to large paychecks in cities like Houston (+166 percent), Pittsburgh (+113 percent), New York (+110 percent), and Los Angeles (+86 percent). Denver is the lowest-paying area, 7 percent south of the national average.

Related Job Salaries

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Experience Affects Treasurer Salaries



National Average
$81,000



Skills That Affect Treasurer Salaries

Risk Management / Risk Control
up arrow 160%

Banking
up arrow 136%

Investment Management
up arrow 34%



Accounting
up arrow 2%

National Average
$81,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 105 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
32%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 67%
medical benefits
Vision: 50%
dental benefits
None: 15%
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