Job Overview
The Treasurer (or Treasury Manager/Cash Manager) is responsible for managing the organisation's cash flow, liquidity and financial risks. They ensure the business has sufficient funds to operate whilst optimising cash deployment and managing relationships with banks and financial institutions.
The role has become increasingly sophisticated with digital banking, FX hedging, supply chain financing and working capital optimisation. Treasurers must combine financial acumen with technology expertise and strategic thinking.
Key Responsibilities
Cash flow management and forecasting
Monitor daily cash positions, forecast short and long-term cash needs, manage working capital. Ensure liquidity whilst optimising cash utilisation.
Banking and financial institution relationships
Manage relationships with banks and financial providers, negotiate banking terms, set up accounts and payment systems.
Debt and credit facility management
Manage borrowing facilities, negotiate credit lines, monitor debt covenants and repayment schedules.
Cash investment and returns
Invest excess cash in appropriate instruments (money market, short-term investments), maximise returns whilst maintaining safety.
Financial risk management
Manage FX exposure, interest rate risk and counterparty risk. Implement hedging strategies where appropriate.
Financial reporting and compliance
Prepare treasury reports, ensure compliance with regulations and accounting standards, maintain audit trails.
Required Skills
Technical Skills vs Strategic Skills
- Strong financial and accounting knowledge
- Cash flow forecasting and management expertise
- Understanding of financial markets and instruments
- Knowledge of banking systems and cash management technology
- FX and interest rate management
- Proficiency with Treasury Management Systems (TMS)
- Strategic thinking and financial decision-making
- Relationship management with banks and investors
- Risk assessment and mitigation
- Problem-solving in financial crises
- Communication of financial concepts
- Regulatory and compliance awareness
Salary and Compensation
Salary Scale 2026 (annual gross)
| Experience | Mid-Market | Large Enterprise | London |
|---|---|---|---|
| Established (5-8 years) | 40-50K€ | 48-60K€ | +15-20% |
| Senior (8-12 years) | 50-60K€ | 60-72K€ | +15-20% |
| Senior+ (12+ years) | 60-70K€ | 72-85K€ | +15-20% |
| Group Treasurer (15+ years) | 70-95K€ | 85-130K€ | +20-30% |
What is the difference between Treasurer and Finance Manager?
What qualifications are required to become a Treasurer?
Is the Treasurer role affected by digital/blockchain technologies?
What career path follows from being a Treasurer?
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