A treasury analyst oversees organizational accounts, assets, and transactions, with responsibilities such as maintaining operational cash flow, setting budgets, allocating spending accounts, performing risk assessments, developing treasury reports, and participating in daily treasury activities[1]. The role involves managing investments, conducting foreign currency trades, making cash flow predictions, preparing for outgoing cash requirements, overseeing banking permissions, and ensuring access to capital markets[1]. Treasury analysts also collaborate with business leaders, tax advisers, and financial partners to overcome financial and business challenges, advise on investments, and maintain compliance with changing industry regulations[1].
- Monitor cash positions and manage liquidity to meet obligations[3].
- Prepare and maintain cash flow forecasts; execute cash transfers and payments[3].
- Manage investment portfolios and assess investment opportunities[3].
- Identify, assess, and help mitigate financial risks related to liquidity, interest rates, and foreign exchange[3].
- Maintain relationships with banks and financial institutions, negotiate services and fees[3].
- Update and optimize treasury management systems and software[3].
- Ensure compliance with internal controls and regulatory requirements[3].
- Prepare and present treasury reports to management, analyze financial data for decision-making[3].
- Streamline treasury processes and implement best practices for efficiency[3].
Key skills for treasury analysts include financial analysis, proficiency with treasury software, strong communication, decision-making, and attention to detail[2]. Technical skills include cash management, investment oversight, risk assessment, as well as regulatory, tax, and accounting knowledge[4]. Business and behavioral skills such as teamwork, influencing others, and project management are essential for effectiveness in the role[4].
- Daily monitoring and forecasting of cash flow[5].
- Optimizing cash utilization and fund transfers[5].
- Maintaining bank account documentation and legal records[5].
- Supporting hedging programs for FX exposure[5].
- Preparing reports for management and compliance purposes[5].
- Ensuring compliance with SOX, GAAP, and regulatory standards[5].
- Utilizing treasury management systems (TMSs) and ERP platforms to enhance operations[5].
The position is usually part of the finance department and reports to the Treasurer, Assistant Treasurer, or Cash Manager[3]. While treasury analysts often do not have direct reports, they collaborate closely with junior analysts, financial analysts, and accounting staff[3].