Treasury Director Jobs
A Treasury Director is a senior leadership role responsible for managing and overseeing all aspects of daily treasury operations to ensure the financial obligations of the organization are met. This position involves strategic financial planning, cash management, risk management, and compliance with regulatory requirements.
The Treasury Director advises senior management and the board on financial matters, develops and implements treasury policies, and ensures the organization's financial assets, liquidity, and risk are managed optimally.
The role requires a deep understanding of financial markets, economic trends, and the ability to develop and maintain strong relationships with financial institutions. The Treasury Director also oversees the development and execution of cash flow forecasts, investment strategies, and debt management plans, ensuring alignment with the organization's overall objectives.
In summary, Treasury Director Jobs encompass a vital leadership function that drives the financial health and strategic direction of an organization.
National Yearly Income Range:
$161,265 - $203,080
Why Being a Treasury Director is Great.
A Treasury Director is a pivotal role within any organization, responsible for managing the company's financial assets and ensuring liquidity while minimizing financial risks. This position offers a unique blend of strategic oversight and hands-on financial management, allowing professionals to influence key financial decisions that drive business growth. Treasury Director jobs often come with a high level of responsibility, providing opportunities for leadership and collaboration across departments. Additionally, the role typically offers competitive compensation and benefits, reflecting the importance of effective treasury management in achieving organizational goals.
Overall, a Treasury Director not only plays a crucial role in safeguarding the company’s financial health but also enjoys a dynamic and challenging work environment that fosters professional growth.
Treasury Director Job Duties And Responsibilities
The Treasury Director is responsible for managing and overseeing all daily treasury operations, including cash reporting, forecasting, and compliance with lender requirements. This role involves administering business insurance programs, debt facility modeling, and developing policies that align with organizational objectives and regulatory standards. Additionally, the Treasury Director plays a crucial role in cash flow management, optimizing spending strategies, and maintaining relationships with financial institutions. Leadership responsibilities include training staff, preparing reports for senior management, and implementing risk management programs to safeguard the company's financial interests.
Why be a Treasury Director with IES Residential?
Becoming a Treasury Director with IES Residential offers a unique opportunity to contribute to a company with a rich legacy and a commitment to responsible growth, where financial discipline and strategic capital allocation are paramount. With over 50 years of experience and a diversified services portfolio, you will play a crucial role in supporting a company that values safety, employee development, and community engagement.
Joining IESR means being part of a vibrant, family-oriented culture that embraces diversity and fosters professional growth, allowing you to make a meaningful impact while advancing your career in a supportive environment.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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FAQs
What's a Treasury Director's job description?
A Treasury Director is a senior leader responsible for managing daily treasury operations, ensuring financial obligations are met. Key duties include strategic financial planning, cash and risk management, and regulatory compliance. They advise senior management, develop treasury policies, and manage the organization's financial assets and liquidity. The role requires expertise in financial markets, strong relationships with financial institutions, and oversight of cash flow forecasts, investment strategies, and debt management plans to align with organizational goals.
What is the average salary of a Treasury Director?
The average salary of a Treasury Director ranges from $161,265 to $203,080, with a median salary of approximately $182,175. This equates to an hourly rate of about $87.63, based on a standard 40-hour workweek. Salaries may vary depending on factors such as location, experience, and education.
How do I get a Treasury Director job?
To secure a Treasury Director position, obtain a bachelor's degree in finance, accounting, or business administration. Gain at least three years of managerial experience in treasury or a related field, with a preference for ten or more years for senior roles. Consider pursuing a master's degree for advanced positions. Develop strong analytical, problem-solving, and communication skills, along with proficiency in financial analysis and treasury management software. Build solid relationships with banks and financial institutions, and focus on improving treasury operations and cash flow forecasting.
What are the job duties of a Treasury Director?
The job duties of a Treasury Director include managing daily treasury operations, overseeing cash reporting and forecasting, administering business insurance programs, and ensuring compliance with lender requirements. They are responsible for developing policies and internal controls, managing cash flow and liquidity, and maintaining relationships with financial institutions. The Treasury Director also leads capital planning, debt management, and risk management strategies, prepares reports for senior management, and oversees the treasury staff. Additionally, they negotiate bank fees, implement new banking technologies, and ensure adequate liquidity for operational needs.
How much does a Treasury Director make per hour?
A Treasury Director typically earns between $87 and $98 per hour, based on an annual salary range of $161,265 to $203,080. Factors like location, experience, and education can influence these rates.
Is a Treasury Director job fullfilling?
A Treasury Director job can be fulfilling for those who enjoy financial strategy, leadership, and making impactful decisions. It offers opportunities for professional growth, problem-solving, and contributing to an organization's financial health. However, fulfillment varies based on individual interests and career goals.
How long does it take to become a Treasury Director?
Becoming a Treasury Director typically takes around 10 to 15 years of experience in the finance field. This includes obtaining a bachelor's degree in finance or a related area, gaining at least 3 years of managerial experience, and accumulating extensive treasury leadership experience. For more senior positions, a master's degree may be preferred. Strong analytical, communication, and leadership skills are essential for success in this role.
Is there a demand for Treasury Directors?
Yes, there is a strong demand for Treasury Directors as organizations seek experienced professionals to manage financial risk, optimize cash flow, and ensure compliance with regulations. This role is crucial for strategic financial planning and decision-making in both corporate and public sectors.
What are Treasury Director career paths?
Treasury Director career paths typically include progression from roles such as Treasury Analyst or Treasury Manager to senior positions. Professionals may advance to Chief Financial Officer (CFO) or other executive roles within finance. Additionally, some may specialize in areas like risk management, investment strategy, or corporate finance, enhancing their expertise and opportunities for advancement. Networking, obtaining relevant certifications, and gaining experience in financial management are crucial for career growth in this field.
What are the job responsibilities of a Treasury Director?
The job responsibilities of a Treasury Director include managing daily treasury operations, overseeing cash reporting and forecasting, and ensuring compliance with lender requirements. They administer business insurance programs, review cash allocation reports, and develop departmental policies. The Treasury Director manages cash flow, liquidity, and relationships with financial institutions, while also being involved in capital planning and debt management. They lead the treasury staff, ensuring effective training and development, and prepare reports for senior management. Additionally, they monitor financial risks, implement hedging programs, and negotiate banking fees to optimize the company's financial strategies.
What are the requirements to get a Treasury Director job?
To qualify for a Treasury Director position, candidates typically need the following:
1. Education: A bachelor's degree in finance, accounting, or business administration is essential. A master's degree may be preferred for senior roles.
2. Experience: At least 3 years of managerial experience in treasury or a related field is required, with 10+ years for more senior positions.
3. Skills: Strong analytical and problem-solving abilities, proficiency in financial analysis and treasury management software, and a solid understanding of accounting rules and government policies.
4. Leadership: Excellent communication and leadership skills, along with the ability to manage cash flow forecasting and improve treasury operations.
5. Relationship Management: Strong skills in managing relationships with banks, lenders, and financial institutions.
Are there entry level Treasury Director jobs?
Entry-level Treasury Director positions are rare, as this role typically requires significant experience in finance and treasury management. Common requirements include a bachelor's degree in finance, accounting, or a related field, strong analytical skills, proficiency in financial software, and knowledge of cash management and investment strategies. Leadership abilities and effective communication skills are also essential for success in this role.
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