The following article discusses the career of Treasury Manager highlighting what they do, the work environment, how to become, training and certification, education, job and salary outlook.
What We Do
A treasury manager researches legal, regulatory and financial changes and reports on these if they affect the business. They also monitor and support the treasury, credit tracking and insurance, as well as monitoring and providing timely reports on financial forecasts, cash flow and available cash. This is done both periodically and on a day to day basis. Finally, they work together with external parties in the world of finance to make sure awareness and accounts are maintained.
Work Environment
Generally speaking, you will work in an office environment. Standard business hours can be expected, with some overtime.
How to Become
As a treasury manager, you have to be adaptable and you must be able to properly handle confidential data. You also need excellent management skills as well as written and verbal communication skills. Furthermore, you must be results orientated and very organized.
Training & Certification Requirements
A bachelor’s degree in a field such as business or finance is the minimum requirement. Usually, employers also look for those who have experience in a relevant field.
Education Requirements
Bachelor’s
Job Outlook
According to the U.S. Bureau of Labor Statistics, the job outlook for all financial managers between 2014 and 2024 is a growth of 7%, which is as fast as the national average.
National Salary
The national average salary estimate for Treasury Manager was $93,844. This number is estimated from over 1,934 employees, users past and present job advertisements from Indeed.com. This equates to an hourly salary of $48.88 and monthly of $7,820.
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$31,000
$189,000
Salary Distribution
Salary by State
The following section lists Treasury Manager salaries in each state around the country. The figures are based on the total number of job postings through Indeed.com. For example, Mississippi had the largest quoted salary of $125,000 while Tennessee had the smallest quoted salary of $53,462.
| Alaska – $72,000 | Rank: 49th |
| The average salary ranks 49th among states in the country. There were no current job openings from employers in this state. | |
| Alabama – $99,000 | Rank: 12th |
| The average salary ranks 12th among states in the country. There were no current job openings from employers in this state. | |
| Arkansas – $99,000 | Rank: 13th |
| The average salary ranks 13th among states in the country. There were no current job openings from employers in this state. | |
| Arizona – $97,980 (●Meets national average) | Rank: 44th |
The average salary ranks 44th among states in the country. There were also job openings from employers like Stephen James Associates, Inc., Accounting Career Network, Randstad Professionals, and Randstad.
$45,000 $170,000 Salary Distribution | |
| California – $93,489 (●Meets national average) | Rank: 8th |
The average salary ranks 8th among states in the country. There were also job openings from employers like NBN, Inc., Parker and Lynch, Selby Jennings, and Accounting Career Network.
$30,000 $190,000 Salary Distribution | |
| Colorado – $76,275 (▼19% Below national average) | Rank: 35th |
The average salary ranks 35th among states in the country. There were also job openings from employers like AVISPA LLC.
$21,000 $165,000 Salary Distribution | |
| Connecticut – $108,158 (▲15% Above national average) | Rank: 4th |
The average salary ranks 4th among states in the country. There were also job openings from employers like Nomic, JCJ, LLC, and Robert Half Finance & Accounting.
$49,000 $190,000 Salary Distribution | |
| DC – $57,039 (▼39% Below national average) | Rank: 1st |
The average salary ranks 1st among states in the country. There were also job openings from employers like American University.
$14,000 $146,000 Salary Distribution | |
| Delaware – $85,000 | Rank: 39th |
| The average salary ranks 39th among states in the country. There were no current job openings from employers in this state. | |
| Florida – $80,441 (▼14% Below national average) | Rank: 28th |
The average salary ranks 28th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting, GREATER ORLANDO AVIATION AUTHORITY, Ascendo Resources, Inc., and Creative Financial Staffing.
$27,000 $162,000 Salary Distribution | |
| Georgia – $91,165 (●Meets national average) | Rank: 5th |
The average salary ranks 5th among states in the country. There were also job openings from employers like The Intersect Group and Robert Half Finance & Accounting.
$33,000 $178,000 Salary Distribution | |
| Hawaii – $60,000 | Rank: 52nd |
| The average salary ranks 52nd among states in the country. There were no current job openings from employers in this state. | |
| Iowa – $95,000 | Rank: 20th |
| The average salary ranks 20th among states in the country. There were no current job openings from employers in this state. | |
| Idaho – $64,000 | Rank: 51st |
| The average salary ranks 51st among states in the country. There were no current job openings from employers in this state. | |
| Illinois – $95,726 (●Meets national average) | Rank: 6th |
The average salary ranks 6th among states in the country. There were also job openings from employers like Huxley Associates, JCJ, LLC, and CyberCoders.
$42,000 $171,000 Salary Distribution | |
| Indiana – $93,000 | Rank: 24th |
| The average salary ranks 24th among states in the country. There were no current job openings from employers in this state. | |
| Kansas – $83,903 (▼11% Below national average) | Rank: 31st |
The average salary ranks 31st among states in the country. There were also job openings from employers like A-1 Careers and Accounting Career Network.
$42,000 $134,000 Salary Distribution | |
| Kentucky – $92,326 (●Meets national average) | Rank: 42nd |
The average salary ranks 42nd among states in the country. There were also job openings from employers like Vaco, LLC.
$22,000 $209,000 Salary Distribution | |
| Louisiana – $95,644 (●Meets national average) | Rank: 33rd |
The average salary ranks 33rd among states in the country. There were also job openings from employers like Robert Half Finance & Accounting.
$48,000 $146,000 Salary Distribution | |
| Massachusetts – $101,389 (▲8% Above national average) | Rank: 3rd |
The average salary ranks 3rd among states in the country. There were also job openings from employers like KBW Financial and Kforce Finance and Accounting.
$51,000 $160,000 Salary Distribution | |
| Maryland – $104,143 (▲11% Above national average) | Rank: 11th |
The average salary ranks 11th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting.
$41,000 $196,000 Salary Distribution | |
| Maine – $86,000 | Rank: 36th |
| The average salary ranks 36th among states in the country. There were no current job openings from employers in this state. | |
| Michigan – $96,931 (●Meets national average) | Rank: 14th |
The average salary ranks 14th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting, Venteon, and Manpower.
$46,000 $166,000 Salary Distribution | |
| Minnesota – $92,464 (●Meets national average) | Rank: 40th |
The average salary ranks 40th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting.
$27,000 $195,000 Salary Distribution | |
| Missouri – $96,000 | Rank: 17th |
| The average salary ranks 17th among states in the country. There were no current job openings from employers in this state. | |
| Mississippi – $125,000 (▲33% Above national average) | Rank: 9th |
The average salary ranks 9th among states in the country. There were also job openings from employers like RRD Partners.
$62,000 $188,000 Salary Distribution | |
| Montana – $81,000 | Rank: 43rd |
| The average salary ranks 43rd among states in the country. There were no current job openings from employers in this state. | |
| North Carolina – $101,425 (▲8% Above national average) | Rank: 25th |
The average salary ranks 25th among states in the country. There were also job openings from employers like Selby Jennings.
$41,000 $187,000 Salary Distribution | |
| North Dakota – $86,000 | Rank: 37th |
| The average salary ranks 37th among states in the country. There were no current job openings from employers in this state. | |
| Nebraska – $71,000 | Rank: 50th |
| The average salary ranks 50th among states in the country. There were no current job openings from employers in this state. | |
| New Hampshire – $105,751 (▲13% Above national average) | Rank: 18th |
The average salary ranks 18th among states in the country. There were also job openings from employers like CyberCoders and CIG.
$53,000 $160,000 Salary Distribution | |
| New Jersey – $105,512 (▲12% Above national average) | Rank: 7th |
The average salary ranks 7th among states in the country. There were also job openings from employers like Telesearch Incorporated., GSP International, Parker+Lynch, and Parker and Lynch.
$37,000 $208,000 Salary Distribution | |
| New Mexico – $85,000 | Rank: 41st |
| The average salary ranks 41st among states in the country. There were no current job openings from employers in this state. | |
| Nevada – $77,961 (▼17% Below national average) | Rank: 47th |
The average salary ranks 47th among states in the country. There were also job openings from employers like Randstad and CyberCoders.
$29,000 $149,000 Salary Distribution | |
| New York – $111,177 (▲19% Above national average) | Rank: 2nd |
The average salary ranks 2nd among states in the country. There were also job openings from employers like Robert Half Finance & Accounting, Robert Half Management Resources, Selby Jennings, and Green Key Resources.
$39,000 $220,000 Salary Distribution | |
| Ohio – $86,426 (▼8% Below national average) | Rank: 26th |
The average salary ranks 26th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting and JCJ, LLC.
$24,000 $187,000 Salary Distribution | |
| Oklahoma – $90,000 | Rank: 29th |
| The average salary ranks 29th among states in the country. There were no current job openings from employers in this state. | |
| Oregon – $94,000 | Rank: 21st |
| The average salary ranks 21st among states in the country. There were no current job openings from employers in this state. | |
| Pennsylvania – $99,803 (▲6% Above national average) | Rank: 22nd |
The average salary ranks 22nd among states in the country. There were also job openings from employers like Aspire.
$40,000 $186,000 Salary Distribution | |
| Rhode Island – $89,000 | Rank: 32nd |
| The average salary ranks 32nd among states in the country. There were no current job openings from employers in this state. | |
| South Carolina – $92,263 (●Meets national average) | Rank: 19th |
The average salary ranks 19th among states in the country. There were also job openings from employers like Robert Half Finance & Accounting.
$41,000 $164,000 Salary Distribution | |
| South Dakota – $73,000 | Rank: 48th |
| The average salary ranks 48th among states in the country. There were no current job openings from employers in this state. | |
| Tennessee – $53,462 (▼43% Below national average) | Rank: 30th |
The average salary ranks 30th among states in the country. There were also job openings from employers like Randstad.
$14,000 $125,000 Salary Distribution | |
| Texas – $90,144 (●Meets national average) | Rank: 23rd |
The average salary ranks 23rd among states in the country. There were also job openings from employers like Selby Jennings, Robert Half Finance & Accounting, Parker+Lynch, and Parker and Lynch.
$20,000 $209,000 Salary Distribution | |
| Utah – $76,000 | Rank: 46th |
| The average salary ranks 46th among states in the country. There were no current job openings from employers in this state. | |
| Virginia – $96,921 (●Meets national average) | Rank: 15th |
The average salary ranks 15th among states in the country. There were also job openings from employers like KForce Client (Permanent) and Robert Half Finance & Accounting.
$39,000 $180,000 Salary Distribution | |
| Vermont – $86,000 | Rank: 38th |
| The average salary ranks 38th among states in the country. There were no current job openings from employers in this state. | |
| Washington – $101,000 | Rank: 10th |
| The average salary ranks 10th among states in the country. There were no current job openings from employers in this state. | |
| Wisconsin – $88,410 (▼6% Below national average) | Rank: 34th |
The average salary ranks 34th among states in the country. There were also job openings from employers like Accounting Career Network, Baker Tilly Search & Staffing, LLC, and Buckingham Search.
$24,000 $193,000 Salary Distribution | |
| West Virginia – $92,000 | Rank: 27th |
| The average salary ranks 27th among states in the country. There were no current job openings from employers in this state. | |
| Wyoming – $80,000 | Rank: 45th |
| The average salary ranks 45th among states in the country. There were no current job openings from employers in this state. | |
Top 20 National Employers
According to Indeed.com, the following states had employers looking to hire a Treasury Manager. The quoted salary figure represents the average salary from all job postings by this employer.
| Employer Name | Location | Average Salary |
|---|---|---|
| Robert Half Finance & Accounting | New York | $99,518 |
| The Intersect Group | Georgia | $97,182 |
| Selby Jennings | Texas | $96,809 |
| Robert Half Finance & Accounting | Louisiana | $96,708 |
| Robert Half Finance & Accounting | Michigan | $96,588 |
| Vaco, LLC | Kentucky | $95,508 |
| Huxley Associates | Illinois | $93,837 |
| A-1 Careers | Kansas | $91,967 |
| Robert Half Finance & Accounting | Texas | $91,765 |
| KForce Client (Permanent) | Virginia | $90,000 |
| Accounting Career Network | Kansas | $89,861 |
| Accounting Career Network | Wisconsin | $89,861 |
| Robert Half Finance & Accounting | South Carolina | $89,689 |
| NBN, Inc. | California | $89,450 |
| Baker Tilly Search & Staffing, LLC | Wisconsin | $88,873 |
| Robert Half Finance & Accounting | Ohio | $88,572 |
| Parker+Lynch | Texas | $87,464 |
| Parker and Lynch | California | $87,227 |
| Stephen James Associates, Inc. | Arizona | $86,539 |
| Robert Half Finance & Accounting | Florida | $85,345 |
References
- Full Job Description: Treasury Manager – ptma.org
- Treasury management – Wikipedia
- Treasury Manager job with Wirecard Asia Holding Pte Ltd …
*Indicates number of job postings as of June, 2017.
