Treasurer is a profession that has long existed in Russia. For several tens of centuries, a significant transformation of the post has occurred, but its essence has remained unchanged. So, let's figure it out together, who is the treasurer?
Essence of the profession
From time immemorial, the person who was in the service of a wealthy citizen and was responsible for personal expenses and income of the estate (household) was considered a skarbnik. Now this type of profession takes on a slightly different look. The treasurer is an employee of the company that controls the liquidity of the organization, that is, completely monitors the payment stream.
Surprisingly, such a position is present at the state level. The country's chief treasurer monitors budget expenditures by issuing payments in accordance with the law. A specialist in a commercial organization not only deals with calculations, but also analyzes the current state of the market and makes comparisons. In case of deficit - attracts investors and customers.
Duties of the Treasurer
The specialist is responsible for the control and management of cash flows. And it doesn’t matter if he carries out his duties within the same company or the whole state. The Treasurer is the person who is responsible for organizing the Treasury department, if any. His responsibilities include drawing up a plan, according to which the issuance of funds will be carried out. Documentation is also the responsibility of the treasurer. During working hours, the specialist must:
- Manage all accounts that belong to the company.
- Regularly (monthly or quarterly) draw up a payment calendar.
- Engage in reporting on their activities.
- Analyze and prevent an increase in debt levels.
- To establish and maintain business relations with organizations financing the activities of the company in question.
- Management of the credit apparatus of the enterprise.
Personal qualities: qualification and incentive
You do not need to be an economist to understand that a treasurer is a responsible position. Accordingly, the presence of higher education is an indispensable criterion for employment. The chances of getting the desired position are greatly enhanced if you have economic or financial qualifications.
It is even more important to have systemic thinking. The implementation of complex mathematical operations, their analysis should not give rise to confusion in the head. That is why the labor market needs people with experience not only in the financial field, but also with a technical education.
In the context of information progress, the future treasurer should be a confident user of a personal computer, master the development of business plans, 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 in the shortest possible time to achieve large-scale career heights.
Cons of the profession
Any post implies negative and positive qualities. If you decide to engage in treasury activities, you should know about its main shortcomings.
Working with money always involved great risks. One wrong decision may be the result of large monetary obligations for the company. Therefore, before embarking on official duties, think hard whether you are really ready to take on such responsibility and be responsible for the decisions made?
Treasurer - a profession almost around the clock. Particular difficulties arise with the advent of tax audits. And if you occupy a position in a government agency, then during this period you can completely forget about a full sleep.
This item directly follows from the previous one. Not a single check passes without comment. Great if you were able to eliminate them on the spot! And it’s sad if, as a result of control, you get a disciplinary sanction.
Positive sides
Along with a series of minuses, choosing the profession of a treasurer, you can boast:
- Prestigious work.
- Comfortable conditions. Now, employers do not skimp on the design of a beautiful room, because in fact - this is the face of the company.
- Demand - few decide to take responsibility for making decisions regarding money.
- High wages - this is perhaps the most pleasant component among all the advantages of the treasurer’s profession.