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The Office of Career Services
Library Building, Room 429 & 430
222-05 56th Avenue
Bayside, NY 11364
Phone: (718) 631-6297

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Occupation Info


Treasurer (Corporate)

Overview: Treasurers manage the financial planning, purchases and investment of funds for an organization. They make decisions about accounting and procedures for receiving and protecting funds and assets and paying the debts of the organization. They prepare financial reports for management.
Duties: Direct the financial planning, the acquisition and investment of funds for an organization. Decide which offices or functions within an organization are responsible for funds management.

They decide upon the accounting transaction methods for recording receipts, payments, banking and investments; and who shall have custody of funds, securities, bonds, deeds, etc.

They statistically analyze expenses to revenue ratios to forecast the organization's future financial position, funds available and credit ratings for borrowing money.

They evaluate organizations' need to borrow money or invest its surplus. Advise executives of best ways to invest or borrow on short and long term basis. Prepare executive financial reports.

Degree(s): A.A.S. Accounting 
A.A.S. Management: Marketing Concentration 
A.A.S. Management: Real Estate-Insurance Concentration 
A.S. Business Administration (Accounting and Marketing) 
Job Outlook: Employment of corporate treasurers is expected to grow as fast as average through 2018. Regulatory changes and the expansion and globalization of finance and companies will increase the need for their expertise.
Salary Range (National Average): $37,000 to $42,000
Growth: Growth
Education Level: Typically, a Bachelor’s Degree from a 4-year college (some are 5 years) is required to be considered for this occupation.
Additional Training/Education: A bachelor's degree in accounting or finance, or in business administration with an emphasis in accounting and finance is the appropriate educational preparation for this occupation. A Master of Business Administration (MBA) degree is increasingly preferred by employers. Courses in computer applications are essential.
Recommended Skills:
  • Weighing out the options in a situation or a problem and logically choosing the best course of action.
  • Paying attention to what other people are saying, and taking time to understand the points being made.
  • Determining how much money is required to get a job done, allocating those monies, and then accounting for all expenditures.
  • Using mathematics and/or statistics to solve problems.
  • Ability to identify a problem, review related information, develop and evaluate options, and implement a solution.
  • The ability to understand complex written paragraphs, instructions, or reports.
  • Using logic to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Talking, giving speeches, or speaking in a group to convey information, explain ideas, or give instructions.
  • Composing and communicating your ideas in written form.
Recommended Values:
  • Having a level of income that will afford you with luxuries, and which will allow you to become financially independent.
  • Persuading and influencing others to change their attitudes, behavior, and/or opinions.
  • Being able to decide on how to get something done without significant direction from someone else.
  • Gaining the respect of others by the nature and/or level of responsibility of your work.
  • Having a routine job where the duties are very predictable and not likely to change over a long period of time.
 

* National data collected by the Department of Labor between 2008-2012.
* For New York salary data information please click here
* For New York green job information please click here.

Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services to fully understand the opportunities available through study in their degree program.