Treasury Accountant Job

The scope and responsibilities of a Treasury Accountant depend on the entity’s size, region, and individual qualifications. In general, the Treasury Accountant performs a variety of duties and has many responsibilities involving inflows and outflows of cash including:

• Assist with the month-end treasuring reporting process by preparing monthly journal entries to close affected accounts
• Perform reconciliations of Balance Sheet accounts affecting the treasury system such as cash, cash equivalents, investments, debt, and sales (account reconciliation);
  
• Responsible for daily cash management, cash flow management; assist in providing credit risk analysis
• Managing bank relationships including banking activities reporting (includes analyzing bank balances and service fees)
• Prepare and reconcile debt schedules to B/S
• Prepare variance analysis and supporting schedules on affected accounts
• Communications with banks and management
• Perform special projects as needed.
  

A Treasury Accountant is required to have a Bachelor’s Degree, a major in Accounting or Finance is usually needed. The Treasury Accountant must also have on average 1-3 years experience in banking and cash management fields. Treasury Accountants usually report to the Treasury Manager. Treasury Accountants have a salary range of $30-50,000 yearly.