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Treasurer/Controller

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AVG. SALARY

$140,520

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EDUCATION

Bachelor's degree or higher +

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JOB OUTLOOK

Stable

What They Do

Treasurers and Controllers Career Video

About This Career

Directs financial activities, such as planning, procurement, and investments for all or part of an organization.

This career is part of the Finance cluster Business Finance pathway.

A person in this career:

  • Evaluates needs for procurement of funds and investment of surpluses and make appropriate recommendations.
  • Delegates authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Develops and maintains relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
  • Monitors financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
  • Receives, records, and authorizes requests for disbursements in accordance with company policies and procedures.
  • Develops internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
  • Coordinates and directs the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Receives cash and checks and makes deposits.
  • Prepares or directs preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
  • Monitors and evaluates the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Working in this career involves (physical activities):

  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Overtime work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Comptroller — Supervises income and expenditures, keeping track of all incoming and outgoing money.
  • School Treasurer
  • Corporate Controller
  • Treasury Consultant
  • Regional Controller
  • Corporate Treasurer
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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.