Treasurer Salary

Nearly two in three of Treasurers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $30K to $222K per year, but median earnings come to around $93K per year. Total cash compensation to Treasurers approaches anywhere from $30K on the lower end to $222K on the higher end; in exceptional cases, this can include more than $80K from bonuses and upwards of $70K from profit sharing. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, close to one-fifth are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by more than half. Most Treasurers report high levels of job satisfaction. Women make up a slight majority of Treasurers (52 percent) survey respondents. This report is based on responses to the PayScale salary survey.

$34,422 - $187,220
$34K
$89K
$190K
MEDIAN: $88,543
10%
50%
90%

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$11.83 - $34.36
$12
$17
$34
MEDIAN: $16.91
10%
50%
90%

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$0$213K
Salary $34,422 - $187,220
Bonus $101.86 - $60,997
Profit Sharing $1,000 - $30,000
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).
)
$28,400 - $213,653
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 351
Hourly Data $0$46
Hourly Rate $11.83 - $34.36
Overtime $18.91 - $46.22
Annual Data $0$213K
Bonus $101.86 - $60,997
Profit Sharing $1,000 - $30,000
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).
)
$28,400 - $213,653
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 85

Find Out Exactly What You Should Be Paid

United States (change)

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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There are some Treasurers — though it's uncommon — that transition into Chief Financial Officers, where earnings are an average $123K annually. A more common career path for Treasurers is stepping into the role of Top Corporate Treasurer or Financial Controller.

Treasurer Job Listings

Popular Skills for Treasurer


Survey results show that Treasurers use a fair number of skills. 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 200 percent, 144 percent, and 38 percent, respectively. Budget Management and Financial Reporting, on the other hand, are typically associated with much lower pay. Most people skilled in Financial Analysis are similarly competent in Cash Flow Management and Budget Management. Those proficient in Financial Reporting are, more often than not, also skilled 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: $72,648

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

Treasurers will find that Stamford offers an impressive pay rate, one which exceeds the national average by 196 percent. Treasurers will also find cushy salaries in Houston (+182 percent), New York (+161 percent), Dallas (+129 percent), and Chicago (+124 percent). Those in the field find the lowest salaries in Denver, 3 percent below the national average.

Related Job Salaries

Key Stats for Treasurer

Gender

Female
55 %
Male
45 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.
Less than 1 year
3%
1-4 years
15%
5-9 years
17%
10-19 years
33%
20 years or more
32%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Treasurer Salaries

▲47%

▲35%

National Average
$73,000

▼11%

▼38%

Skills That Affect Treasurer Salaries

Risk Management / Risk Control
▲222%

Banking
▲162%

Investment Management
▲49%



Accounting
▲13%

National Average
$73,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
3%
1-4 years
15%
5-9 years
17%
10-19 years
33%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 66%
vision benefits
Vision: 56%
no benefits
None: 21%
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