Assistant Treasurer assists in the direction and management of an organization's treasury activities. Oversees and directs all aspects of daily treasury activities. Being an Assistant Treasurer ensures financial transactions, policies, and procedures fulfill the organization's objectives, needs, and regulatory body requirements. Assists with the corporate banking, credit, and investment functions. Additionally, Assistant Treasurer requires a bachelor's degree. Typically reports to senior management. The Assistant Treasurer manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Assistant Treasurer typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Responsible for formulating financial policy and plans and ensures
maintenance of corporate liquidity and financial stability. Oversees activities
related to managing the company’s funds, investments and relationships with
financial institutions and regulators related to treasury matters. Directs
activities associated with the security and investment of the organization's
financial assets and funds. Ensures that financial transactions,
policies, and procedures meet the organization's short- and long-term
objectives, and regulatory requirements. Responsible for directing the
company’s credit and risk management (excluding insurance) functions. Key
success factors include relevant experience, strong analytics, and the delivery
of insightful analysis.
Responsibilities