|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.
A.A.S. Management: Marketing 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|
|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.|
* National data collected by the Department of Labor in 2014 with projections through 2024. For New York green job information .
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 agreementswith 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.