Entry Level Treasury Jobs
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What are some entry level treasury jobs?
Entry level treasury jobs are varied, but all involve cash management, banking reconciliations and account management, posting and maintaining treasury accounts - cash, debt, investments, and stock transactions. Some examples of entry level treasury jobs are:
- Working for the I.R.S. As a branch of the U.S. Department of Treasury, applicants have a variety of positions to choose from. Of course, the best time to apply for these jobs is in October & November due to the upcoming tax season. Positions can range from I.R.S. Special Agents to Analysts. It is suggested to take a look at their website to find out what is available. Salaries vary upon position, obviously.
- The Treasury Analyst involves working with cash management and other treasury accounts. They analyze balance sheet accounts affecting the cash accounts and format findings into report form. Depending upon the firm involved, duties may range from reconciliations to banking relationships. The Treasury Analyst position is a great foundation for treasury accounting. A Bachelor's Degree is usually required.
- The Treasury Accountant prepares journal entries, reconciles accounts, maintains the banking account, and also assists in the month end closing process of treasury accounts. Usually a Bachelor's Degree is required.
- Financial Analyst. In the private sector, an entry level treasury position is found in the Financial Analyst position located within a Treasury Department. This usually requires an MBA. The financial analyst is responsible for managing the company's capital structure and security funds needed to operate the business. This demands reliable forecasting of cash receipts and disbursements, up-to-the-minute knowledge of international money markets, selection of fund vehicles, and maintenance of relationships with investment banking and commercial banking institutions.