Corporate treasurer : Career development

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1. Job description
2. Salary and conditions
3. Entry requirements
4. Training
5. Career development
6. Employers and vacancy …
7. Related jobs

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Case studies

• Corporate treasurer: Kris
• Treasury analyst: Jamie

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The ACT is the leading professional body for international treasury providing the widest scope of benchmark qualifications for those working in treasury, risk and corporate finance. We define standards, promote best practice and support continuing professional development. Get careers advice from the Association of Corporate Treasurers (ACT).

Career development is very much the individual's own responsibility. Treasurers liaise with many departments in and outside their own companies, and there is potential to branch out into other financial areas through this. There are a range of opportunities within all sorts of companies. Look out in particular for companies that are developing quickly, as they are likely to offer more long-term career development options.

Specific challenges to career progression may lie in the nature of the company and its treasury department, as well as the particular needs of the company. There are not as many jobs in treasuries as there are in other areas of finance. If a department is small, opportunities to progress may be limited. It may be necessary to take a position in another company in order to progress and/or to increase knowledge and experience. This could require a move to another part of the country, so mobility and flexibility can be helpful.

From more junior roles as a treasury assistant or analyst, treasury professionals may progress to more specialised roles, perhaps as a treasury manager in liquidity management, risk management or corporate finance, for example.

With sufficient experience and qualifications progression may be to the position of group treasurer and even very senior roles such as director of finance or chief financial officer (CFO). Alternatively, some experienced and qualified treasurers may progress to other senior financial positions on the basis of their knowledge of accounting, tax and administration.

Companies not large enough to support a treasury function might consider applicants who have a treasury background and qualifications from The Association of Corporate Treasurers (ACT)  for senior financial posts.