Treasury Manager Job Description

Cash flow can make or break a business and that is exactly why the Treasury Manager’s role is important in ensuring that your money is optimised, every investment is strategic and every risk is carefully managed.

Their expertise supports decision-making that affects everything from day-to-day operations to long-term business growth. In this blog, we will explore the Treasury Manager Job Description, highlighting their key duties, must-have skills, qualifications and the rewarding career path that comes with mastering the art of Cash Flow Management. Let’s get started!

Table of Contents

1) What is a Treasury Manager?

2) What Does a Treasury Manager Do?

3) Treasury Manager Roles and Responsibilities

4) Key Requirements for a Treasury Manager

5) Treasury Manager Skills and Attributes

6) Treasury Manager Salary Guide

7) Treasury Manager Job Description Template

8) What is the Difference Between a Finance Manager and a Treasury Manager?

9) What Industries Most Commonly Hire Treasury Managers?

10) Conclusion

What is a Treasury Manager?

A Treasury Manager is a finance professional responsible for overseeing an organisation’s cash flow, liquidity, and financial risk. They manage banking relationships, develop investment strategies, and ensure funds are used efficiently to support operations and growth.

By forecasting cash requirements, monitoring budgets, and optimising financial resources, they help safeguard company assets and strengthen profitability. Their role combines strategic planning with hands-on management, making them vital for both short-term stability and long-term financial success of the business.

What Does a Treasury Manager Do?

Here's what a Treasury Manager does:

1) Manage Company Finances:

a) Looks after the company’s cash flow, savings, investments and financial risks

b) Makes sure there’s always enough money available for daily operations

2) Plan for the Future:

a) Creates strategies to use company funds wisely and support business growth

b) Keeps a balance between short-term needs and long-term financial goals

3) Forecast and Analyse:

a) Prepares cash flow forecasts to predict income and expenses

b) Studies financial data to spot risks and find ways to improve performance

4) Handle Loans and Credit:

a) Manages company loans, debts, and credit lines with banks and lenders

b) Keeps track of repayment schedules and works to reduce borrowing costs

5. Work With Others:

a) Collaborates with finance teams, Senior Managers, and bank partners

b) Ensures all money transactions are safe, accurate, and follow company rules

6) Control Risks:

a) Monitors potential financial risks, such as market or currency changes

b) Makes sure the company follows financial laws and audit requirements

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Treasury Manager Roles and Responsibilities

Treasury Managers regularly perform a variety of tasks to monitor their organisation’s financial matters. Here are the core duties and responsibilities of a Treasury Manager:

1) Manage Cash

Treasury Manager manages the organisation’s cash. This includes generating reports on cash operations and overseeing cash transactions. The Manager ensures adequate liquidity, determines available cash for use, and forecasts both short-term and long-term cash levels.

2) Provide Advice

Treasury Managers evaluate the organisation’s fiscal decisions and recommend the best possible courses of action. They must be actively involved with nearly every department, analysing the risks and rewards of various decisions. It’s their responsibility to ensure everyone understands the risks of financial decisions and is aware of better alternatives.

3) Oversee Banking

Treasury Managers oversee the company’s banking activities. This includes managing deposit verification, using online banking systems and maintaining bank statements. They also analyse bank fees and implement necessary banking-related changes.

4) Lead Staff Members

Treasury Managers lead a team of staff members. They assist with tasks like deposit verification, banking analysis, auditing, and investor relations.

Key Requirements for a Treasury Manager

Every job expects some requirements or qualifications from the potential job seeker. Some of the qualities you must have include:

1) A degree in Finance, Law, Economics, or a related field.

2) Prior experience in a similar role.

3) Extensive experience in managing the treasury function, including treasury accounting, FX, liquidity, cash flow, and various financial instruments.

4) Possess strong analytical skills and a keen attention to detail.

5) Excellent interpersonal and communication skills to build relationships with various stakeholders.

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Treasury Manager Skills and Attributes

The most common skills and attributes you must require may include:

1) Treasury Management: Proven experience in managing a treasury function.

2) Treasury Accounting: Expertise in Treasury Accounting, including Foreign Exchange (FX), liquidity, cash flow, and various financial instruments.

3) Accounting Principles: Strong understanding of fundamental accounting principles.

4) Financial Markets: In-depth knowledge of financial markets, instruments, and debt instruments.

5) Banking Relationships: Familiarity with banking relationships and covenants.

6) Autonomy and Teamwork: Ability to work independently while being an effective team player.

7) Confidentiality: Skilled in handling sensitive information appropriately.

8) Time Management: Excellent organisational and Time Management abilities.

9) Attention to Detail: High level of attention to detail.

10) Client Relationship Management: Strong skills in managing client relationships and providing exceptional customer service.

11) Communication and Coordination: Effective communication and coordination with multiple parties.

12) Software Proficiency: Intermediate to advanced skills in computer software, including Excel and other accounting packages.

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Treasury Manager Salary Guide

According to Glassdoor, the average annual salary for a Treasury Manager in the United Kingdom ranges between £64K and £105K. The base pay ranges from £43K to £71K, and the average extra cash compensation is £9k, ranging from £5k to £16k.

Treasury Manager Job Description Template

Here is a sample template for your reference. It will help you better understand the responsibilities and requirements of a Treasury Manager Job Description Template.

What is the Difference Between a Finance Manager and a Treasury Manager?

Treasury Managers focus on short-term liquidity, cash flow, and financial risk, ensuring the company’s funds are used efficiently and operations run smoothly. Finance Managers, however, oversee long-term financial planning, budgeting, and strategy to drive profitability and business growth. In essence, the Treasury Manager deals with Cash Management, while the Finance Manager manages overall performance.

What Industries Most Commonly Hire Treasury Managers?

Treasury Managers are essential in industries that handle large cash flows and complex capital structures. They are commonly employed in financial services, banking, manufacturing, retail, logistics, energy, and more. These sectors rely on Treasury Professionals to manage liquidity, optimise investments, and control financial risks across multiple markets.

Conclusion

A clear Treasury Manager Job Description is vital for attracting qualified candidates to manage an organisation's financial activities. By managing liquidity, forecasting cash flow, and mitigating financial risks, they keep the organisation resilient and ready to seize new opportunities. For those who enjoy strategic problem-solving and thrive in high-responsibility financial roles, becoming a Treasury Manager offers a rewarding career path.

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