| Detail | For this role |
|---|---|
| Department | Finance and Accounts |
| Level | Manager |
| Reports to | Chief Financial Officer |
| Direct reports | Treasury Executive, Treasury Dealer |
| Experience | 6 to 10 years in treasury or corporate banking |
Treasury Manager job description template
Copy this job description, replace the text in square brackets and post it on your careers page or a job portal.
Job title: Treasury Manager
Department: Finance and Accounts
Reports to: Chief Financial Officer
Location: [City], [office, branch or site]
About the role
A Treasury Manager manages the company's cash, funding and financial risk. They forecast liquidity, manage bank accounts and facilities, invest surplus, handle forex exposure and keep enough cash to run the business. The role reports to the CFO or VP Finance and works with banks and lenders. A good Treasury Manager makes sure the company never runs short of cash, keeps borrowing costs down, hedges risk sensibly and gives leadership a clear view of liquidity at all times.
Key responsibilities
- Forecast daily, weekly and monthly cash flow and manage liquidity.
- Manage bank accounts, balances and the pooling of funds across units.
- Arrange and manage working capital and term facilities with banks.
- Invest surplus funds within the approved investment policy and return targets.
- Manage foreign exchange exposure and execute approved hedges within policy limits.
- Monitor covenants and lender reporting and keep facilities compliant.
- Optimise borrowing cost and the mix of debt across the company.
- Manage banking relationships, bank charges and the quality of service received.
- Ensure timely servicing of interest and loan repayments across all facilities.
- Report the liquidity, debt and forex position to leadership every month.
Requirements
- MBA in Finance, CA or CFA
- Strong treasury and banking experience
- Knowledge of forex and money markets
- 6 to 10 years in treasury or corporate banking
KRAs and KPIs for a Treasury Manager
Key result areas for the appraisal form, each with a KPI you can measure every month or quarter.
| Key result area | How to measure it |
|---|---|
| Liquidity | No cash shortfall against operational needs during the year |
| Forecast accuracy | Cash forecast within the agreed variance of actual each month |
| Borrowing cost | Average borrowing cost held at or below the budgeted rate |
| Covenant compliance | All loan covenants met with lender reporting filed on time |
| Forex management | Forex exposure hedged within the approved policy limits |
| Return on surplus | Surplus funds invested within policy at or above the benchmark return |
Skills and tools
Tools used day to day: Treasury management systems, Bank portals, Advanced Excel, Bloomberg or Reuters, Cash flow models.
Reporting line and career path
Next roles: Head of Treasury, AVP Finance, Chief Financial Officer
Interview questions for a Treasury Manager
- How do you build a reliable cash flow forecast?
- How do you decide between commercial paper and a bank overdraft for short term needs?
- How do you manage forex exposure on imports and exports?
- How do you keep within loan covenants when performance dips?
- How do you get better terms from banks?
- How do you invest surplus cash without taking undue risk?
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What does a Treasury Manager do?
A Treasury Manager manages cash, funding and financial risk. They forecast liquidity, manage bank accounts and facilities, invest surplus, handle forex exposure and keep enough cash to run the business. They monitor covenants, optimise borrowing cost and manage banking relationships, reporting the liquidity and debt position to leadership.
What is the difference between a Treasury Manager and a Finance Manager?
A Finance Manager runs accounting, reporting and compliance for a unit. A Treasury Manager focuses on cash, funding and financial risk: liquidity, banking, debt, investments and forex. The finance role is about the books; the treasury role is about making sure money is available and risk is managed.
What qualifications does a Treasury Manager need?
Most Treasury Manager roles ask for an MBA in Finance, a CA or a CFA with six or more years in treasury or corporate banking. Strong skills in cash forecasting, banking relationships, debt, forex and investments are essential, along with a clear grasp of financial risk and covenant compliance.