what is a treasury analyst?

A treasury analyst is a financial professional who specializes in managing a company's cash and financial resources. Their key role is to monitor cash flows, develop financial forecasts, manage financial risks such as exchange and interest rates, and invest surplus cash to maximize financial returns. 

Working closely with the treasurer or finance manager, the treasury analyst negotiates with financial institutions for efficient banking solutions, and ensures that the company has the necessary funds for its financial operations and obligations. By providing regular cash position reports and financial analyses, he or she helps to make informed decisions and optimize the company's financial operations, while maintaining its financial stability.

treasury analyst roles

average treasury analyst salary

The average annual salary for a treasury analyst in Canada is approximately $70,000. Salaries range from $60,000 to $120,000 per year, depending on the candidate's province, industry and experience. 

Good experience in cash flow management will help you increase your earning potential. Performance bonuses and profit sharing may also be part of your remuneration package. The highest treasury analyst salaries are found in Alberta and British Columbia. 

Here's an overview of average salaries by province: 

Alberta: $77,000 to $120,000 

British Columbia: $68,000 to $115,000 

Ontario: $68,000 to $115,000 

Quebec: $60,000 to $100,000

what factors affect the salary of an treasury analyst?

A treasury analyst's salary is influenced by a number of key factors, including his or her level of professional experience, the degree of responsibility he or she assumes, his or her level of education and qualifications, the industry sector in which he or she works, geographic region, technical skills, individual performance, general economic conditions and ability to negotiate. 

Years of experience, increased responsibility, relevant qualifications and specialized skills can lead to higher pay, while external factors such as location and economic conditions also play a role in determining salary.

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types of treasury analysts

Treasury analysts can be classified into several categories according to their level of experience, responsibilities and specializations. 

Here are some of the common categories of treasury analysts: 

Junior treasury analyst: These are junior analysts who support the treasury team by performing basic operational tasks, such as managing bank accounts, monitoring cash flows, preparing simple financial reports, etc. 

Senior treasury analysts: These professionals have acquired significant experience in the treasury field and take on more complex responsibilities, such as debt management, investment optimization, negotiating with banks, and implementing financial risk management strategies. 

Specialized treasury analysts: Some treasury analysts specialize in particular areas, such as forex risk management, banking relationship management, short-term investment management (cash management), or the management of financial derivatives. 

Corporate treasury analyst: These professionals work directly for a specific company and are responsible for that company's internal cash management. 

Consulting firm treasury analyst: Some treasury analysts work for financial or management consulting firms, providing treasury consulting services to various corporate clients. 

Assistant treasurer: Although sometimes considered a management level, the assistant treasurer is also a type of treasury analyst who assumes an additional supervisory and management role in the treasury team. 

These categories are not exhaustive, and there may be other levels or specific specializations depending on the company and industry. The hierarchy and responsibilities of treasury analysts may also vary according to the size and complexity of the organization.

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2 coworkers talking in an office

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Want to become a treasury analyst? Find out more about the tasks and responsibilities of treasury analysts.


treasury analyst education and skills

All treasury analyst jobs require a bachelor's degree in accounting or finance. Degrees in economics and business administration are also common. 

Earning a master's degree will make you a prime candidate for moving into management positions. 

Even if you don't have to, obtaining formal certification in accounting and finance will give you a leg up on other candidates.

skills and competencies

Skills sought by employers for the position of treasury analyst may include :

  • cash management expertise: In-depth knowledge of cash management techniques and strategies, such as cash flow management, investment optimization and debt management, is required to effectively manage the company's liquid assets.
  • Financial analysis skills: The ability to analyze cash flows, financial forecasts and financial reports is crucial to assessing the company's financial health and identifying opportunities for improvement.
  • Financial analysis skills: The ability to analyze cash flows, financial forecasts and financial reports is crucial to assessing the company's financial health and identifying opportunities for improvement.
  • project management skills: Cash management often involves tight deadlines and multiple tasks, so it's important to be organized and to plan work efficiently.
  • good critical thinking skills: The ability to solve cash management problems quickly and effectively is essential, especially in the event of market fluctuations or emergency situations.
  • expertise in risk management and avoidance: The ability to identify and manage financial risks, such as currency risks, interest rates and market fluctuations, is essential to protect the company against potential losses.
  • experience working with financial analysis software: Proficiency in computer tools and financial and cash management software is important for carrying out financial analyses, forecasts and simulations.


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