A treasury analyst is in charge of an organization's financial activity, managing cash flow, credit, income, asset levels, and liability obligations. Their exact job duties may vary depending on their employer (for example, whether they work at businesses, non-profit organizations, or government agencies). Generally, though, these professionals coordinate with all internal finance, accounting, and accounts departments to ensure correct money management. Treasury analysts may also be tasked with analyzing financial patterns and making projections for income and expenses, as well as assisting in the development of investment strategies.
The treasury analyst is concerned primarily with matters internal to the organization, with most responsibilities executed in an office environment. Strong written and verbal communications skills are necessary to ensure successful coordination among internal finance-related departments and to effectively design and deliver reports. Excellent analytical ability is necessary to effectively analyze large amounts of financial data.
Most employers seeking treasury analysts typically require at least a bachelor's degree in business administration or a related field. Generally, it is also highly preferred that the applicant has earned a professional certification such as the CTP (Certified Treasury Professional), which requires at least two years of experience in corporate finance and a passing grade on the certification exam. (This certification must be renewed every three years.) Three to five years of professional experience in upper-level financial positions such as corporate treasury management, banking, or investment management is also required in many cases.
Treasury Analyst Tasks
Analyze and prepare foreign exchange transactions.
Analyze treasury accounts and processes.
Analyze bank fees and recommend cost savings.
Maintain bank accounts and cash, debit and interest schedules.