Slightly less than 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 $31K to $215K per year, and the average comes out to $89K annually. The range in cash compensation to Treasurers ($31K to $215K) includes potential earnings of $76K each from bonuses and profit sharing in exceptional cases. Geography is the biggest factor affecting pay for this group, followed by career length. For the most part, Treasurers enjoy their work and report high levels of job satisfaction. Health benefits are not claimed by all — close to one-fifth lack any form of coverage — but a strong majority have medical insurance, and the greater part have dental, too. Women Treasurers who took the survey just slightly outnumber men. Respondents to the PayScale salary survey provided the data for this report.

$37,324 - $187,359
(Median)
$37K
$89K
$190K
MEDIAN: $88,959
10%
50%
90%

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$11.67 - $32.50
(Median)
$12
$18
$33
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
$37,324 - $187,359  
   
Bonus
$123.29 - $75,892  
Profit Sharing
$24.66 - $73,602  
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).
)
$31,240 - $214,605  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 339
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
$11.67 - $32.50  
   
Overtime
$6.75 - $54.59  
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
$123.29 - $75,892  
   
Profit Sharing
$24.66 - $73,602  
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).
)
$31,240 - $214,605  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 78
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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 $123K), this progression is not the norm. The most common promotion for Treasurers is Top Corporate Treasurer, a position that typically pays $101K annually. Another standard transition for Treasurers seeking advancement is to assume an Administrative Assistant role, where pay is often $31K.

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 206 percent, 149 percent, and 41 percent, respectively. Budget Management and Financial Reporting, on the other hand, are typically associated with much lower pay. Those familiar with Financial Reporting tend to be well versed in Budget Management and Cash Flow Management. It is often found that people who know Financial Analysis are also skilled in Cash Flow Management and Budget 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 $64K, and those with five to 10 years' experience earn a higher median of $46K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $116K. 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 $99K.

Pay Difference by Location

National Average: $76,400

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

For those looking to make money, Treasurers in Stamford enjoy an exceptional pay rate, 203 percent above the national average. Treasurers can also look forward to large paychecks in cities like Houston (+188 percent), New York (+160 percent), Dallas (+134 percent), and Pittsburgh (+125 percent). Denver ranks last in the field for pay, reporting salaries 1 percent below the national average.

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Experience Affects Treasurer Salaries



National Average
$76,000



Skills That Affect Treasurer Salaries

Risk Management / Risk Control
up arrow 206%

Banking
up arrow 149%

Investment Management
up arrow 41%



Accounting
up arrow 7%

National Average
$76,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
3%
1-4 years
17%
5-9 years
18%
10-19 years
30%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 65%
medical benefits
Vision: 53%
dental benefits
None: 21%
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