Assistant Treasurer Job Description

Assistant Treasurer assists the corporate treasurer in the direction and management of an organization’s treasury activities. Oversees treasury activities and guarantees the financial transactions, policies, procedures that fulfill the organization’s goals and requirements, as well as regulatory body requirements. Being an Assistant Treasurer may monitor results of pension investment and other investment activities. Requires a bachelor’s degree. Additionally, Assistant Treasurer typically reports to Treasurer. The Assistant Treasurer typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Assistant Treasurer typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

Assistant Treasurer Job Description Template

Our company is looking for a Assistant Treasurer to join our team.

Responsibilities:

  • Ensures proper controls are in place for regulatory requirements such as Sarbanes Oxley, FBAR, FATCA;
  • Oversee global cash management activities, including bank account management, investments and cash flow forecasting;
  • Coordinate updates to treasury’s policies and procedures documentation as required;
  • Coordinate and manage annual global bank account attestation and signature review;
  • Partner with the Treasurer to build and maintain strong relationships with key financial institutions and credit rating agencies;
  • Assesses foreign exchange risk and implements hedge programs and strategies.

Requirements:

  • Strong quantitative and analytical skills;
  • Strong organizational and multi-tasking skills;
  • Good interpersonal skills and ability to work well in team environment;
  • Minimum of 8+ years of experience in treasury management or commercial banking;
  • Strong knowledge of bank credit facilities, banking services, accounting and internal controls;
  • Ability to demonstrate strong initiative and willingness to assume demanding workload;
  • Familiarity with DocuSign a plus;
  • Strong understanding of foreign exchange and experience in implementing a hedging program;
  • Proficiency with Microsoft Excel and other MS Office tools.