What Does a Treasury Manager Do?
A Treasury Manager is responsible for overseeing an organization’s daily and strategic financial operations related to cash flow, liquidity, investment planning, and financial risk management. Their role is central to maintaining the company’s financial health by ensuring sufficient cash availability, optimizing banking operations, and aligning short-term assets and liabilities with corporate financial goals.
They work closely with finance leadership to develop cash forecasting models, manage credit facilities, oversee debt portfolios, and assess financial risk exposure. Treasury Managers also collaborate with internal departments and external banking partners to execute efficient and secure treasury transactions. This role requires a combination of analytical expertise, technical proficiency, and attention to detail.
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Treasury Manager Core Responsibilities
- Monitor daily cash positioning and optimize liquidity
- Manage banking relationships and negotiate service fees
- Develop and maintain short- and long-term cash flow forecasts
- Oversee investment strategies and evaluate returns on idle cash
- Ensure compliance with internal controls and treasury policies
- Manage debt instruments, credit facilities, and loan covenants
- Evaluate and implement treasury technology tools
- Support FX, interest rate risk, and hedging strategies
- Coordinate with accounting and AP/AR for reconciliations and reporting
Required Skills and Qualifications
Hard skills
- Proficiency with treasury management systems (e.g., Kyriba, SAP Treasury)
- Advanced Excel and financial modeling capabilities
- Understanding of financial risk management and investment vehicles
- Experience managing cash flow, forecasting, and debt instruments
- Knowledge of regulatory compliance related to treasury operations
Soft skills
- Strong analytical and problem-solving skills
- Excellent communication with internal and external stakeholders
- Attention to detail and a high degree of accuracy
- Leadership skills with the ability to influence cross-functional teams
- Organizational and time management strengths
Educational requirements
Bachelor’s degree in finance, accounting, economics, or a related field
Certifications
- Certified Treasury Professional (CTP) preferred
- CPA or CFA is a plus
Preferred Qualifications
- Experience with international cash management and FX risk
- Background in banking relationship strategy and treasury policy development
- Exposure to ERP integration with treasury functions
- Familiarity with SOX compliance in treasury operations
- Experience in industries with high transaction volumes or global reach
National Average Salary
Treasury manager salaries vary by experience, industry, organization size, and geography. Click below to explore salaries by local market.
The average national salary for a Treasury Manager is:
$119,593
Treasury Manager Job Descriptions
Crafting the perfect job description may be the key to finding an exceptional treasury manager. To help you with your recruiting search, our team has put together some examples from past openings.
Example 1: Corporate Treasury Manager
Position overview
A Corporate Treasury Manager plays a central role in managing an organization’s liquidity, banking relationships, and capital structure. This role ensures that sufficient cash is available to meet operational needs while maximizing return on excess funds. The Corporate Treasury Manager also leads efforts in optimizing working capital, overseeing financial transactions, and supporting corporate finance initiatives such as capital raising or M&A.
Responsibilities
- Oversee daily cash management and short-term funding strategies
- Lead banking relationship management and negotiate service agreements
- Monitor cash positioning, forecasts, and liquidity planning across entities
- Execute internal cash transfers and intercompany funding
- Collaborate with accounting, tax, and FP&A to ensure cash accuracy
- Support financial planning initiatives involving capital structure and financing
- Administer treasury management systems and implement best practices
- Maintain compliance with internal controls and corporate policies
Requirements
Hard skills
- Expertise in corporate cash management and liquidity planning
- Strong experience with treasury systems (e.g., Kyriba, SAP)
- Advanced understanding of capital markets and corporate finance
- Proficiency with Excel modeling and ERP integration
Soft skills
- Strong cross-functional collaboration and communication
- Strategic mindset with attention to financial detail
- Ability to lead treasury operations and process improvements
- Confidence in managing external banking relationships
Educational requirements
Bachelor’s degree in finance, accounting, or economics
Certifications
Certified Treasury Professional (CTP) preferred
Example 2: Treasury Risk Manager
Position overview
A Treasury Risk Manager specializes in identifying, evaluating, and mitigating financial risks related to liquidity, foreign exchange, interest rates, and counterparties. This role is vital in developing policies and tools that protect the company’s financial health against volatility in markets. Treasury Risk Managers work closely with corporate finance, tax, and accounting to ensure risk controls align with organizational goals.
Responsibilities
- Assess and monitor risks related to cash flow, currency exposure, and interest rates
- Develop and execute hedging strategies using derivatives and other instruments
- Maintain treasury risk models and reporting dashboards
- Collaborate with finance and accounting to ensure accurate risk reporting
- Conduct scenario analysis and stress testing to evaluate exposure
- Ensure compliance with financial risk management policies and regulations
- Evaluate credit risk of banking partners and investment counterparties
Requirements
Hard skills
- Deep knowledge of FX, IR, and commodity risk management techniques
- Experience using hedging tools and financial instruments
- Strong background in data analysis, modeling, and risk systems
- Familiarity with IFRS/GAAP rules for hedge accounting
Soft skills
- Analytical thinker with strategic problem-solving capabilities
- Strong communication and presentation skills
- Proactive risk awareness and a control mindset
- Detail-focused with the ability to manage complex datasets
Educational requirements
Bachelor’s degree in finance, economics, or a quantitative field
Certifications
CTP preferred; CFA or FRM is a strong plus
Example 3: Investment Treasury Manager
Position overview
An Investment Treasury Manager is responsible for managing a company’s excess cash and short-term investments to optimize yield while preserving capital and maintaining liquidity. This role involves analyzing financial markets, vetting investment vehicles, and executing trades in accordance with corporate investment policy. The position also contributes to long-term cash planning and capital allocation strategies.
Responsibilities
- Evaluate and execute investment strategies for short-term corporate funds
- Manage daily investment activities in line with policy constraints
- Monitor market conditions, interest rate trends, and yield curves
- Maintain investment records and ensure compliance with SOX and internal controls
- Analyze risk-adjusted returns and performance benchmarks
- Collaborate with internal stakeholders to forecast cash availability
- Maintain relationships with brokers, banks, and financial partners
Requirements
Hard skills
- Strong understanding of money markets, fixed-income instruments, and yield analysis
- Experience with Bloomberg, investment platforms, or portfolio software
- Knowledge of liquidity management and cash flow forecasting
- Advanced Excel and financial modeling skills
Soft skills
- Analytical thinker with investment risk awareness
- Precise and detail-oriented under time-sensitive conditions
- Strong communication with financial stakeholders
- Disciplined decision-making and reporting abilities
Educational requirements
Bachelor’s degree in finance, economics, or investment management
Certifications
CTP required; CFA preferred