Treasury Manager Salary (Hong Kong)
A Treasury Manager earns an average salary of HK$420,000 per year.
|Salary||HK$12.52 - HK$691,413|
|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).)
|HK$12.52 - HK$749,936|
Job Description for Treasury Manager
Treasury managers are in charge of overseeing financial transactions for their organization. In addition, they are responsible for reporting accounts activities. These managers must ensure proper auditing procedures and cash reconciliation, update money totals, and give variance reporting to executive in their organization. They also review regular cash forecasts, and provide financial analysis to their organization, take a lead position when dealing with pricing contracts, and follow departmental privacy procedures. At all times, treasury managers must strive to uphold current treasury standards and security policies.Read More...
These managers typically work in an office environment with other financial professionals. In this setting, they manage bank relationships, obtain contracts that benefit their company, review/approve electronic transfers, and train other personnel on how to handle financial data. They also initiate financial transactions and follow specific protocols to ensure customer satisfaction. Most of the time, treasury managers recommend cash management process modifications and work to implement new, more efficient managing techniques.
Successful treasury managers are able to adapt to changes quickly, handle confidential data with care, and have the management skills to lead a group of financial experts. They must possess excellent verbal and written communications abilities, work well with other managers, and provide information to other departments within their organization. Treasury managers should be highly organized and results-oriented.
A bachelor's degree in finance, business, or a related field is needed for this position. Previous experience in a similar position is generally preferred. (Copyright 2018 PayScale.com)
Treasury Manager Tasks
- Monitor and report on available cash, cash flow, and financial forecasts day to day and periodically.
- Coordinate with external financial institutions to establish and maintain accounts and awareness.
- Research and report on financial, regulatory, and legal changes that affect organization's environment.
- Support and monitor treasury, insurance, and credit tracking.