Accounting

Treasury Accountant job description

A Treasury Accountant manages cash flow, bank reconciliations, and investment portfolios while ensuring liquidity optimization and regulatory compliance.

Published May 22, 2024Updated May 9, 20261377 likes

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Job brief

We are seeking an experienced Treasury Accountant to join our corporate finance team and take ownership of our daily cash management and treasury operations. In this role, you will manage relationships with our banking partners, optimize cash positioning across multiple currencies, and ensure our organization maintains optimal liquidity while maximizing investment returns on excess cash. You will work directly with our CFO and finance leadership to support strategic financial decisions, manage our debt portfolio, and implement treasury policies that support our growth objectives. If you have a passion for financial markets, risk management, and precision in cash flow analysis, this role offers excellent growth potential in corporate treasury.

Key highlights

Perform daily cash positioning and funding decisions across domestic and international bank accounts, ensuring optimal liquidity levels while minimizing idle cash balances
Execute foreign exchange transactions, money market investments, and short-term borrowing facilities to manage currency exposure and interest rate risk
Monitor and forecast weekly and monthly cash flows by analyzing accounts receivable collections, accounts payable disbursements, and capital expenditure requirements
Maintain banking relationships and negotiate terms for credit facilities, sweep accounts, and treasury services while ensuring compliance with debt covenants

What is a Treasury Accountant?

A Treasury Accountant is a specialized finance professional who manages an organization's cash position, banking relationships, and short-term investment strategies. Working with treasury management systems like Bloomberg Terminal, Kyriba, or TreasuryXpress, Treasury Accountants monitor daily cash flows, execute foreign exchange transactions, and maintain optimal liquidity levels across multiple bank accounts and currencies. Their expertise in cash forecasting, debt management, and financial risk assessment ensures organizations maintain sufficient working capital while maximizing returns on excess funds and minimizing exposure to market volatility.

What does a Treasury Accountant do?

On a typical day, a Treasury Accountant performs daily cash positioning by analyzing bank account balances across multiple institutions, executes wire transfers and ACH transactions, and reconciles complex bank statements using systems like SAP Treasury or Oracle Cash Management. They prepare weekly cash flow forecasts for senior management, monitor foreign exchange rates to optimize currency hedging strategies, and maintain relationships with commercial banks and investment counterparties. Treasury Accountants also calculate interest accruals on loans and deposits, manage letters of credit for international trade, and ensure compliance with debt covenant requirements while collaborating closely with accounts payable, accounts receivable, and financial planning teams.

Key responsibilities

Perform daily cash positioning and funding decisions across domestic and international bank accounts, ensuring optimal liquidity levels while minimizing idle cash balances
Execute foreign exchange transactions, money market investments, and short-term borrowing facilities to manage currency exposure and interest rate risk
Prepare and maintain complex bank reconciliations for operating accounts, zero balance accounts, and investment portfolios using treasury workstations and ERP systems
Monitor and forecast weekly and monthly cash flows by analyzing accounts receivable collections, accounts payable disbursements, and capital expenditure requirements
Maintain banking relationships and negotiate terms for credit facilities, sweep accounts, and treasury services while ensuring compliance with debt covenants
Calculate and record interest accruals, bank fees, and investment income while preparing month-end journal entries for treasury-related transactions
Support annual audits by providing detailed documentation of cash management policies, banking agreements, and investment authorization matrices
Analyze counterparty credit risk for banking relationships and short-term investments, ensuring compliance with board-approved investment guidelines and regulatory requirements

Requirements and skills

Bachelor's degree in Finance, Accounting, or Economics with 3+ years of experience in corporate treasury, cash management, or banking operations
Proficiency in treasury management systems such as Kyriba, GTreasury, or FIS Integrity, along with advanced Excel skills for cash flow modeling and analysis
Strong understanding of money market instruments, foreign exchange markets, and short-term investment vehicles including commercial paper and certificates of deposit
Experience with ERP systems like SAP Treasury and Risk Management (TRM) or Oracle Cash Management for bank connectivity and transaction processing
Knowledge of banking regulations, cash management best practices, and internal controls for treasury operations in corporate environments
CTP (Certified Treasury Professional) certification or progress toward certification preferred, demonstrating commitment to treasury excellence
Ability to analyze complex financial data and communicate cash management strategies effectively to senior management and banking partners
Detail-oriented approach with strong analytical skills for identifying discrepancies in bank statements, investment confirmations, and cash flow variances

FAQs

What does a Treasury Accountant do on a daily basis?

A Treasury Accountant manages an organization's daily cash operations, including monitoring bank account balances, executing wire transfers and investment transactions, and preparing cash flow forecasts. They work with treasury management systems to reconcile bank statements, calculate interest accruals, and ensure optimal cash positioning across multiple accounts and currencies. Treasury Accountants also maintain relationships with banks and investment counterparties, analyze foreign exchange exposure, and support debt management activities while ensuring compliance with internal policies and regulatory requirements.

What skills and qualifications are required for a Treasury Accountant?

A Treasury Accountant typically needs a bachelor's degree in finance, accounting, or economics, plus 3+ years of experience in corporate treasury or cash management. Key technical skills include proficiency in treasury management systems like Kyriba or GTreasury, advanced Excel for financial modeling, and understanding of money markets and foreign exchange. Many employers prefer candidates with CTP (Certified Treasury Professional) certification or progress toward it. Strong analytical abilities, attention to detail, and knowledge of banking regulations and internal controls are essential for success in this role.

Who does a Treasury Accountant work with in an organization?

A Treasury Accountant collaborates closely with the CFO and finance leadership on strategic cash management decisions, works with accounts payable and receivable teams on cash flow timing, and coordinates with financial planning teams on budget forecasting. Externally, they maintain relationships with commercial banks, investment managers, and other financial counterparties. They also support internal and external auditors with documentation and work with legal teams on banking agreements and debt covenants. In larger organizations, Treasury Accountants may mentor junior staff and coordinate with international subsidiaries on global cash management.

What is the career outlook and salary range for Treasury Accountants?

Treasury Accountants are in strong demand as organizations increasingly focus on cash optimization and financial risk management. The role offers excellent career progression opportunities into senior treasury analyst, treasury manager, or assistant treasurer positions. According to industry surveys, Treasury Accountant salaries typically range from $65,000 to $95,000 annually, depending on experience, location, and company size, with additional performance-based bonuses common. The specialized nature of treasury work, combined with the critical importance of cash management to business operations, creates strong job security and competitive compensation packages in this field.