Career as a Treasury Manager

Treasury management is a rewarding, fascinating, and varied vocation that contributes to the future financial strategy of an organisation. Treasurers ensure that there is enough money to pay the company’s expenses or invest in new enterprises, as well as managing the company’s financial risks.

Let us know about Career as a Treasury Manager.

Who is a Treasury Manager?

A Treasury Manager is someone who is in charge of a company’s or organization’s financial operations. Treasury managers are critical in assisting an organisation in making sound financial decisions and ensuring that the company’s financial assets are properly utilised.

Making recommendations for the optimal use of a company’s cash reserves, implementing auditing systems, assessing cash flow, analysing financial transactions, and so on are examples of this. When a corporation needs to evaluate whether assets and services are necessary and useful from a financial standpoint, a Treasury Manager’s advice is sought.

Eligibility for Treasury Manager

Because Treasury Manager is a job in the financial sector, applicants looking for these positions should have a thorough understanding of the industry. Check out the points below to learn more about the requirements for becoming a Treasury Manager in India.

To work as a Treasury Manager, people should ideally have an undergraduate background in finance or accounting.
Some employers may also need candidates to have a relevant academic background. For example, a BTech background in a technology-related company. Most employers now demand that candidates have at least a master’s degree. In most cases, work experience is also essential for Treasury Manager positions.

Roles and Responsibilities

Some of the responsibilities that a Treasury Manager has in a company are listed below –

  • Handle cash flow, transfers, payments, investments, and cash projections, among other things.
  • Oversee a company’s investment portfolio.
  • Banks, auditors, and investors are all involved in the process.
  • Plan and carry out corporate strategies and risk management programmes.
  • Managing the company’s whole treasury management operations.

Required Skills

Skills and personality traits in high demand include:

  • capable of working with numbers
  • You are technically skilled and eager to learn and improve your abilities.
  • Thinker who solves problems and sees the broad picture
  • capable of strategic planning and thinking
  • having an interest in the larger business and a desire to play a key role
  • open to new experiences and challenges
  • excellent at paying attention to the smallest of details

Job designations for Treasury Manager

The term “treasury” covers such a wide range of jobs in corporations, financial institutions, and consulting firms that job titles can be confusing. For example:

  • Treasury analysts, treasury dealers and treasury accountants
  • Risk managers and cash managers
  • Credit risk and financial analysts
  • Group treasurers, head of treasury operations and tax directors
  • Relationship managers and transaction services analysts
  • Finance directors, financial controllers
  • Managing directors, company secretaries
  • Small business owners and entrepreneurs
  • Non-executive directors
  • Chief financial officers (CFOs) and Chief executive officers (CEOs)

Market Demand

The financial crisis raised treasury’s visibility, boosting its impact and perceived worth within organisations and boardrooms. Corporate treasurers and treasury professionals are more than ever expected to find cost-effective, innovative financial solutions to support business strategy and risk management.

Bankers and service providers with a corporate treasury background are more equipped to understand and anticipate the demands of their corporate clients, offer products and solutions quickly, and reduce risk to the bank or organisation.

Average Salary

The points listed below provide pay information for Treasury Managers in India. The data represents an average of the available information. The real wage will vary depending on the individual’s experience and competence, as well as the company’s size.

  • In India, the average compensation for a Treasury Manager is roughly Rs. 9.50 LPA.
  • In India, the typical starting salary for Treasury Managers is between Rs. 5 and Rs. 6 LPA.
  • Treasury Managers with 5 to 10 years of experience might earn upwards of Rs. 10 lakh per annum.
  • The average remuneration paid to senior-level professionals is close to Rs. 20 LPA.

Resources for role of a Treasury Manager

Before you can become an expert in desired areas, you must first build a solid base. Before you can move on to practical teaching, you’ll need to have the right applied skills. To gain a full understanding of the domain, you can use the following tools:

  • Firstly, Online Tutorials for Treasury Manager
  • MBA in operations management or any other allied field
  • Also, Certification Courses from verified sources such as Vskills, Coursera, Udemy and so on.
  • In addition, Online communities
  • Moreover, Blogs and study material from experts in this field and many more.

Here are some examples of how you can improve your abilities:

  • Freelancing
  • Internships
  • Apprenticeship programs

The above steps will help you to get this domain started. It’s a long way to go, however. You can take an advanced course to reach a new level of skills.

Some resources offered by Vskills

Vskills offer Treasury Management certification for all those interested in working in this field. This certification course covers the following topics –

  • Introduction
  • Treasury Management
  • Treasury Risk Management
  • Treasury Policies and Procedures
  • Investment Market & its Operations
  • Security Market and Emerging Trends
  • Portfolio Management
  • Derivatives
  • Hedging
  • Depository
  • Mutual Funds
  • Stock Exchange/ Screen Based Trading
  • Foreign Capital Issuance
  • Investors protection, Grievance and Education
  • Time Value of Money
  • Ratio Analysis

Vskills also offers free practice tests and online tutorials to supplement the learning process. You can check them by clicking on the following links –

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