Treasurer job description

Position Description: Treasurer

Basic Function: The treasurer position is responsible for corporate liquidity, investments, and risk management related to the company's financial activities.

Principal Accountabilities:

  1. Forecast cash flow positions, related borrowing needs, and funds available for investment

  2. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements

  3. Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions

  4. Maintain banking relationships

  5. Maintain credit rating agency relationships

  6. Arrange for equity financing and debt financing

  7. Invest funds

  8. Invest pension funds

  9. Monitor the activities of third parties handling outsourced treasury functions on behalf of the company

  10. Advise management on the liquidity aspects of its short- and long-range planning

  11. Oversee the extension of credit to customers

  12. Maintain a system of policies and procedures that impose an adequate level of control over treasury activities

Desired Qualifications: Bachelor's degree in finance or accounting, plus 10+ years of progressively responsible treasury experience for a major company. Should have a thorough understanding of derivatives, hedging, investments, bank account management, and international funds flows.

Supervises: Treasury staff

Related Courses

Corporate Cash Management 
Corporate Finance 
Treasurer's Guidebook 
Working Capital Management