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Key Responsibilities and Required Skills for Corporate Treasurer

💰 $ - $

FinanceTreasuryCorporate Finance

🎯 Role Definition

This role requires an experienced Corporate Treasurer to lead corporate liquidity and risk management, optimize working capital and funding strategies, manage bank and investor relationships, and drive treasury transformation initiatives. This role owns daily cash and liquidity operations, strategic capital structure decisions, debt issuance and covenant management, FX and interest rate hedging programs, and the design and governance of treasury controls and systems. The Corporate Treasurer will partner closely with CFO, FP&A, tax and legal teams, external banks and rating agencies to ensure adequate funding, minimize financing costs and protect the company from market risks.

📈 Career Progression

Typical Career Path

Entry Point From:

  • Treasury Manager / Senior Treasury Analyst with 3–6 years of operational experience
  • Corporate Finance Manager or FP&A Manager transitioning to treasury responsibilities
  • Banking (cash management, corporate banking) or capital markets professionals moving in-house

Advancement To:

  • Head of Treasury / Treasurer (global or regional)
  • VP, Finance / Treasurer & Head of Treasury
  • Chief Financial Officer (CFO) or Head of Capital Markets

Lateral Moves:

  • Director, Cash & Working Capital Management
  • Head of Financial Risk Management
  • Director, Corporate Finance / M&A Finance Lead

Core Responsibilities

Primary Functions

  • Lead end-to-end cash and liquidity management for the organization, including daily cash positioning, intraday cash visibility, centralized cash pooling solutions and bank account structure optimization to ensure efficient use of global cash resources.
  • Own short‑term and long‑term cash flow forecasting and scenario modeling; develop rolling forecasts (daily/weekly/monthly) and stress tests to support working capital optimization, funding plans and treasury policy decisions.
  • Drive corporate funding strategy: manage revolving credit facilities, term loans and commercial paper programs, negotiate pricing and covenants with banks, and coordinate debt issuance including bond offerings and private placements.
  • Design and execute FX risk management strategy: identify economic exposures, implement hedging programs using forwards, options and swaps, set hedge accounting policy in coordination with accounting, and monitor hedge effectiveness.
  • Manage interest rate risk and derivatives: implement interest rate swaps and other derivatives to align debt profile with company risk appetite, ensure documentation (ISDA/CSA) is in place and liaise with legal and accounting on hedge accounting treatment.
  • Maintain and expand strategic banking relationships globally; conduct regular reviews of bank fees and services, manage bank RFPs, signatory authority and banking mandates to optimize cost and service footprint.
  • Oversee short‑term investment policy and execution: select counterparties, define credit limits, implement treasury-only investment vehicles and ensure compliance with investment policy and liquidity needs.
  • Ensure compliance with debt covenants and lender reporting obligations; prepare covenant calculations, coordinate covenant waivers and notify stakeholders of breach risks in advance.
  • Lead working capital improvement initiatives by partnering with procurement, AR, AP and supply chain teams to optimize receivables, payables, inventory financing and cash conversion cycle.
  • Manage global payment operations and fraud prevention: optimize payment rails (SWIFT, ACH, SEPA), implement payment controls, vendor onboarding standards and multi-factor authentication to reduce fraud and operational risk.
  • Oversee intercompany lending, notional pooling and cash concentration structures; manage transfer pricing, intercompany settlement processes and tax-sensitive cash flows in coordination with tax and legal.
  • Implement and maintain Treasury Management System (TMS) and integrate treasury functions with ERP systems (SAP, Oracle, NetSuite), including payment factories, bank connectivity (EBICS, host-to-host) and automated reconciliation.
  • Develop and maintain internal controls, SOX‑compliant treasury processes and segregation of duties for treasury activities; run internal audits and remedial plans to tighten control environment.
  • Lead treasury reporting and analytics: produce KPI dashboards (cash runway, net debt, liquidity buffer, interest expense), variance analysis and executive-level presentations for the CFO, audit committee and board.
  • Manage liquidity planning for M&A, capital expenditures and special projects: size financing packages, model capital structure impacts and coordinate with debt and equity capital markets advisors.
  • Supervise treasury team recruitment, coaching and performance management; set objectives, career development plans and succession for key treasury roles.
  • Coordinate treasury tax and regulatory matters: support withholding tax, VAT on cross-border payments, FATCA/CRS reporting and local licensing requirements for cash management activities.
  • Negotiate and manage third‑party vendor relationships including treasury banks, brokers, custody agents and treasury technology providers; oversee SLAs and data security requirements.
  • Lead treasury transformation and process automation initiatives, including robotic process automation (RPA), straight‑through processing (STP) and adoption of APIs for bank connectivity to reduce manual effort and error rates.
  • Support investor relations and rating agency engagements for financing strategy, capital structure discussions and to articulate treasury’s role in liquidity and risk management.
  • Prepare comprehensive treasury policies (liquidity policy, investment policy, FX policy) and governance frameworks; ensure cross-functional alignment and executive approval and communicate policies across the business.
  • Ensure accurate treasury accounting close processes: interest accruals, debt amortization schedules, derivative valuation and disclosures; collaborate with external auditors for timely close.
  • Monitor macroeconomic developments, market liquidity and credit markets to proactively adjust hedging, funding and investment strategies.
  • Drive cost-to-serve optimization for banking services, negotiating fee structures and benchmarking bank performance to reduce overall treasury operating costs.

Secondary Functions

  • Provide ad-hoc financial modeling and sensitivity analysis to support strategic decisions such as M&A financing, capital raises and large capital expenditure projects.
  • Support cross-functional projects including ERP/TMS implementations, process redesign and global rollouts by representing treasury requirements and validating design specifications.
  • Contribute to enterprise risk management initiatives by mapping treasury risks into the broader ERM framework and participating in periodic risk reviews.
  • Assist in preparing board-level materials, board committee packs and executive summaries related to liquidity, debt portfolio and treasury KPIs.
  • Participate in integration activities for acquisitions and divestitures to align bank accounts, treasury systems and cash management practices.
  • Maintain documentation of treasury procedures and training materials; run periodic training sessions for business stakeholders on cash management and payment best practices.
  • Conduct periodic benchmarking of treasury practices and perform ROI analysis on treasury technology investments.
  • Support external audits, tax audits and regulatory examinations by providing required treasury documentation and responses to queries.

Required Skills & Competencies

Hard Skills (Technical)

  • Treasury and Liquidity Management — proven ability to manage global cash, intraday liquidity and cash pooling structures for multinational organizations.
  • Cash Flow Forecasting & Financial Modeling — advanced skills creating rolling cash forecasts, scenario analysis and stress testing to support funding decisions.
  • Debt Capital Markets & Borrowing Facilities — experience structuring, negotiating and managing bank facilities, bond issuances, CP programs and covenants.
  • FX and Interest Rate Hedging — practical experience with forwards, swaps, options, hedge accounting (ASC 815 / IFRS 9) and derivative documentation (ISDA).
  • Treasury Management Systems (TMS) & ERP Integration — hands‑on implementation and configuration experience with systems such as Kyriba, Reval/FIS, GTreasury, SAP Treasury or Oracle Cash Management.
  • Bank Relationship Management & Payments — expertise in bank RFPs, fee negotiation, SWIFT/host‑to‑host, ACH/SEPA and payment factory design.
  • Treasury Accounting & Controls — knowledge of treasury accounting, internal controls, SOX compliance, and audit processes.
  • Short‑term Investments & Counterparty Credit — experience managing investment policy, counterparty limits and credit analysis for cash deployment.
  • Treasury Analytics & BI — proficiency with Excel, Power BI/Tableau or SQL to build dashboards and automate treasury reporting.
  • Regulatory & Tax Awareness — understanding of cross‑border payment regulations, withholding tax, FATCA/CRS and anti‑money laundering requirements.
  • Contract & Derivative Documentation — negotiation of ISDA, security agreements, swap confirmations and legal terms with external counsel and counterparties.
  • Treasury Risk Management — ability to identify, measure and mitigate liquidity, market and operational risks within the treasury function.

Soft Skills

  • Strategic thinker with strong commercial acumen and the ability to translate market signals into treasury strategy.
  • Excellent stakeholder management and communication skills, able to present complex treasury concepts to C‑suite and non‑technical audiences.
  • Strong negotiation skills and presence when dealing with banks, investors and external advisors.
  • Attention to detail and high standards for compliance, documentation and process discipline.
  • Leadership and people management skills to build, coach and scale a high-performing treasury team.
  • Problem-solving mindset and ability to lead change in fast-paced, global environments.
  • Resilience and calm under pressure during market stress, funding events or treasury system outages.

Education & Experience

Educational Background

Minimum Education:

  • Bachelor’s degree in Finance, Accounting, Economics, Business Administration or related field.

Preferred Education:

  • Master’s degree (MBA, MSc Finance) or relevant professional qualifications (Certified Treasury Professional - CTP, CFA, ACCA, CPA).

Relevant Fields of Study:

  • Finance
  • Accounting
  • Economics
  • Business Administration
  • Banking & Capital Markets

Experience Requirements

Typical Experience Range:

  • 8–15 years of progressive treasury, corporate finance or banking experience, including multi‑currency and cross‑border exposure.

Preferred:

  • 10+ years in corporate treasury with responsibility for global cash management, debt issuance, FX hedging and treasury systems; experience in large multinational corporations, private equity‑backed companies or public companies preferred.
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