What is a treasurer?
Treasurers hold the distinguished position of being responsible for the financial health of an organisation. They ensure enough reserves and assets are available to see the organisation through changing economic conditions, and often use financial products such as share trading to enhance liquidity. As such, treasurers require a breadth of accounting skills including money management, risk management, corporate governance and corporate financing.
How do I achieve it?
Treasurers are normally qualified accountants who are members of a professional body such as ACCA. Often, treasurers begin their careers in tax, financial and management accountancy, corporate finance, or the legal departments of major institutions, including the big four accounting firms.
Aspiring treasurers will benefit from taking the following ACCA Strategic Professional Options exams:
- Advanced Financial Management (AFM)
- Advanced Taxation (ATX)
If you're thinking of applying for a treasurer role or simply considering the question "why be an accountant," take a deeper dive into what's involved by accessing the huge range of career advice and support on ACCA websites and apps - you can also request info directly from us.