Treasurers are employed by financial institutions, insurance companies and the government. They are tasked with managing the finances of an organization and determining fiscal strategies.
Job growth for treasurers is expected to be 2% over a 10-year period, according to the Bureau of Labor Statistics.
The average salary for a treasurer at a small business is $155,000 per year.
What to Include in a Treasurer Cover Letter?
Roles And Responsibilities
- Working directly with the Board of Directors and President to ensure that financial information is available and accurate.
- Managing staff in such a way as to ensure all financial statements are properly prepared and available for review by the Board.
- Reviewing the accuracy of all financial statements, including monthly financials, and preparing reports for Board meetings.
- Implement financial policies and procedures, including cash management, investment management, and financial record-keeping.
- Work with the finance committee, if one exists, to develop long-term financial plans for the organization.
- Providing advice on accounting matters for the Treasurer’s portfolio.
Education & Skills
Treasurer Skills:
- Budgeting, Financial Analysis, Strategic Planning, Negotiation, Project Management, Trade Finance, Cash Flow Analysis, Credit Management & Collection, Financial Reporting, Corporate Finance
Treasurer Education Requirements:
- Treasurers typically have at least a bachelor’s degree in finance or accounting and many hold a graduate degree as well.
Treasurer Cover Letter Example (Text Version)
Dear [Hiring Manager’s Name],
I am writing to express my interest in the Treasurer position with the City of Woodland Hills. As a seasoned financial professional with more than 20 years of experience, I feel confident that I would be a valuable asset to your organization.
As you will see from my attached resume, I have worked for a variety of companies as either an accountant or treasurer. My most recent position was as the Treasurer for ABC Incorporated where I managed all aspects of the company’s finances including budgeting, cash flow projections and financial reporting.
In addition, some of my responsibilities include:
- Oversaw all banking and investment activities including the establishment of new accounts, loan applications and vendor payments.
- Ensured compliance with all local, state and federal laws regarding tax filings and financial reporting. At XYZ Company, where I served as an accountant for 10 years before being promoted to treasurer.
- Prepared monthly reconciliation reports and performed in-depth analysis on expenditures and revenue streams. These reports were used by management to evaluate budgets and predict trends which they could use to improve profitability.
My strong background in accounting has prepared me well for this opportunity. In addition to my work experience, I also hold a Bachelor of Science degree in Accounting from Cedarville University along with an MBA from Western Governors University.
I am confident that my knowledge and experience would allow me to make a significant contribution to the success of your organization. Thank you for your consideration; I look forward to speaking with you further about this opportunity!
Sincerely,
[Your Name]
Tips
As a treasurer, you’ll create detailed financial reports, monitor cash flow, and develop strategies to reduce debt and increase profits. To get a job as a treasurer, you’ll need to write a cover letter that highlights your education and experience in finance.
Use the following tips to write a strong treasurer cover letter:
- Be specific about how long you have worked in the field of finance.
- Highlight any achievements that demonstrate your success in this field.
- Explain how your knowledge of financial practices will benefit the company.
- Showcase your leadership skills.
- Demonstrate that you are detail oriented.
Once you’ve written a great cover letter, it’s time to start working on your resume. Refer our Treasurer Resume Sample for more tips on how to write your resume and accompany it with a strong cover letter.
