Treasurer is a profession that has long existed in Russia. For several tens of centuries, there has been a significant transformation of the position, but its essence has remained unchanged. So, let's figure out together who is the treasurer?
Essence of profession
For a long time, a person who was in the service of a we althy citizen and was responsible for personal expenses and income of the estate (farm) was considered a treasurer. Now this type of profession takes on a slightly different look. The treasurer is an employee of the company who controls the liquidity of the organization, that is, completely monitors the payment tape.
Surprisingly, such a position is also present at the state level. The Chief Treasurer of the country monitors the expenditures of the budget, issuing payments in accordance with the law. A specialist of a commercial organization is engaged not only in calculations, but also analyzes the current state of the market, makes comparisons. In case of shortage, it attracts investors and customers.
Duties of the Treasurer
The specialist is responsible for monitoring and managingcash flows. And it doesn't matter whether he carries out his duties within one company or the entire state. The treasurer is the person who is responsible for organizing the treasury department, if there is one. His responsibilities include drawing up a plan according to which the disbursement of funds will be carried out. Documentation is also the responsibility of the Treasurer. During working hours, the specialist must:
- Manage all accounts owned by the firm.
- Regularly (monthly or quarterly) draw up a payment calendar.
- Deal with the preparation of reports on their activities.
- Analyze and avoid increasing debt levels.
- Establish and maintain business relationships with organizations that finance the activities of the company in question.
- Management of the credit apparatus of the enterprise.
Personal qualities: qualifications and incentives
You don't have to be an economist to understand that a treasurer is a responsible position. Accordingly, the presence of higher education is a mandatory criterion for employment. The chances of getting the desired position are significantly increased if you have an economic or financial and credit qualification.
It's even more important to have systems thinking. The implementation of complex mathematical operations, their analysis should not cause confusion in the head. That is why the labor market needs people who have experience not only in the financial field, but also received technicaleducation.
In the context of information progress, the future treasurer must be a confident user of a personal computer, master the development of business plans, and have the skills to manage financial risks. No office worker can successfully carry out financial activities without the ability to write reports and keep records.
The treasurer must have an analytical mindset, quickly resolve difficult financial situations. Responsibility, stress resistance, assertiveness and patience are the fundamental qualities of a specialist in this profession. He should not only receive a quality education, but also engage in self-improvement. It is this approach that allows you to achieve large-scale career heights in the shortest possible time.
Cons of the profession
Any position implies negative and positive qualities. If you decide to get into the treasury business, you should be aware of its main disadvantages.
Liability
Working with cash has always involved great risks. One wrong decision can be a consequence of large monetary obligations for the firm. Therefore, before embarking on official duties, think carefully about whether you are really ready to take on such responsibility and be responsible for the decisions made?
Tense work schedule
Treasurer is an almost round-the-clock profession. Particular difficulties appear with the advent of tax audits. And if you hold a position in the stateinstitution, then during this period you can completely forget about a good sleep.
Stress
This point follows directly from the previous one. Not a single check passes without remarks. Great if you were able to eliminate them on the spot! And sadly, if as a result of control you receive a disciplinary sanction.
Positives
Along with a series of minuses, choosing the profession of treasurer, you can boast:
- A prestigious job.
- Comfortable conditions. Now employers do not skimp on the design of a beautiful room, because in fact it is the face of the company.
- Demanded - few people dare to take responsibility for making money decisions.
- High salary is perhaps the most pleasant component of all the advantages of the treasurer's profession.
