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Last Updated On 13 Jul, 2020
A Treasury Manager is a person who oversees the financial activities of a company or an organization. Treasury Managers play a vital role in helping an organization make the correct financial decisions and ensure that the financial assets of a company are used appropriately. This may include making recommendations for proper utilization of the cash reserves of a company, creating processes for audit, reviewing cash flow, analysing financial transactions etc. The input of a Treasury Manager is also sought when a company has to decide which assets and services are essential and beneficial for a company from a financial point of view.
Treasury Managers undertake various other important tasks in an organization. From borrowing money to managing relationships and transactions with banks to negotiating financial contracts, ensuring that proper procedure is followed in the execution and management of monetary assets. The role of a Treasury Manager in any organization is a challenging one as they have to be dynamic and ready to adapt to the changing conditions of the market and industry.
Treasury Managers have to ensure that through the proper consumption of money, an organization is able to achieve its goals. They also have to have good analytical skills and must be well-versed with financial modelling and have good communication skills and an excellent work ethic. They must also be good with numbers.
Since Treasury Manager is a job pertaining to the core Financial sector, candidates applying for these roles are expected to have a good knowledge of the financial sector. The points given below can be checked for understanding the eligibility criteria for becoming a Treasury Manager in India.
Students should ideally have an undergraduate background in finance or accounting to take up the role as a Treasury Manager.
Some companies may also ask candidates to have an academic background in a related discipline. For eg. BTech background for tech-related companies.
Most of the companies now require candidates to have at least a postgraduate degree.
Work experience is also usually required for Treasury Manager roles.
Given below are some of the courses that can be pursued for becoming a Treasury Manager in India.
UG Courses for Treasury Manager
PG Courses for Treasury Manager
Work Experience for Treasury Manager
Treasury Manager roles generally require candidates to have at least 3-8 years of work experience in related positions.
Given below are some of the job roles that a Treasury Manager has to undertake in an organization.
Handle operations related to Cash Flow, Transfers, Payments, Investments, Cash Projections etc.
Oversee the Investment Portfolio of a company.
Coordinating with Banks, Auditors and Investors.
Plan and execute business plans and risk management strategies.
Driving all of the treasury management operations of the company.
Treasury Manager is a role related to the stream of finance management. Treasury Managers are hired by companies and organizations to oversee the day-to-day operations, long-term planning and overall management of their financial assets. Given below are some of the major employment areas for Treasury Managers in India.
Banks
Financial Service Providers
Asset Management Companies
Financial Consultancies
Private Organizations
NGOs etc.
The salary details of Treasury Managers in India can be found in the points given below. The information is an average of the available data. The actual salary will vary depending on the experience and skill of an individual as well as the size of the company.
The average salary of Treasury Managers in India is around Rs. 9.50 LPA.
The average salary paid at entry-level roles for Treasury Managers in India ranges from Rs. 5 - 6 LPA.
With 5 - 10 years of experience, Treasury Managers can earn salaries exceeding Rs. 10 LPA.
For senior-level professionals, the average compensation paid lies close to Rs. 20 LPA.
Book | Author | Publisher |
Treasury, Investment and Risk Management | Indian Institute of Banking & Finance | Taxmann Publications Pvt. Ltd. |
Treasury Risk Management | S. K. Bagchi | Jaico Publishing House |
The Treasury Bond Basis | Galen Burghardt, Terry Belton | McGraw-Hill Education |
SAP Treasury and Risk Management | Rudolf Brysa | SAP Press |
Theory and Practice of Treasury and Risk Management in Banks | Indian Institute of Banking and Finance | Taxmann Publications Private Limited |
Excellent salary with high prospects of growth.
Opportunities in multiple sectors.
Requires critical thinking and promotes constant skill development.
Managing the financial assets of a company is a high-responsibility and high-stress task.
Target-based work, which may often require putting in long working hours.
High skill level and experience required to enter the field.
Take our test and find out if it suits your strengths.
A Treasury Manager is a person who oversees all of the operations related to the cash reserves of a company. He/she also assumes several key related roles for the organization.
No. But they are closely related. Treasury Managers can also serve as Portfolio Managers for an organization and vice versa. However, Portfolio Managers can work for multiple clients and are governed by SEBI norms. Both of these conditions are generally not applicable to Treasury Managers.
Yes. Science stream students who have taken up UG courses such as BTech, BSc etc. can also go for Treasury Management roles. However, they will have to opt for a PG course such as an MBA or they may complete the CA course after graduation.
Yes. Treasury Managers are highly-paid individuals who can afford to provide a lavish lifestyle for themselves and their families.
The average salary of a Treasury Manager in India is around Rs. 9,50,000 pa.
The average starting salary for entry-level Treasury Manager jobs can be around Rs. 5,00,000 pa to Rs. 6,00,000 pa.
No, but it is one of the best courses for a Treasury Manager. CA and CS are also excellent courses after graduation for Treasury Management aspirants in India.
Generally, companies are seen demanding 3-8 years of work experience for Treasury Manager roles.
No. Treasury Management is a job which involves a high level of stress as professionals have to ensure correctness, accuracy and target-completion.
Treasury Management is a good field for a candidate who has an interest in finance, markets, asset management and related streams. Professionals in this role must have good critical thinking and analytical abilities with good communication and personnel management skills.
