Treasurers and Controller Direct financial activities, such as planning, procurement, and investments for all or part of an organization.
Treasurers and Controller is Also Know as
In different settings, Treasurers and Controller is titled as
- Comptroller
- Controller
- Corporate Controller
- Corporate Treasurer
- Regional Controller
- School Treasurer
- Treasurer
- Treasury Consultant
Education and Training of Treasurers and Controller
Treasurers and Controller is categorized in Job Zone Four: Considerable Preparation Needed
Experience Required for Treasurers and Controller
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Education Required for Treasurers and Controller
Most of these occupations require a four-year bachelor's degree, but some do not.
Degrees Related to Treasurers and Controller
- Bachelor in Accounting and Computer Science
- Associate Degree Courses in Accounting and Computer Science
- Masters Degree Courses in Accounting and Computer Science
- Bachelor in Financial Analytics
- Associate Degree Courses in Financial Analytics
- Masters Degree Courses in Financial Analytics
- Bachelor in Risk Management
- Associate Degree Courses in Risk Management
- Masters Degree Courses in Risk Management
- Bachelor in Accounting and Finance
- Associate Degree Courses in Accounting and Finance
- Masters Degree Courses in Accounting and Finance
- Bachelor in Accounting and Business/Management
- Associate Degree Courses in Accounting and Business/Management
- Masters Degree Courses in Accounting and Business/Management
- Bachelor in Finance, General
- Associate Degree Courses in Finance, General
- Masters Degree Courses in Finance, General
Training Required for Treasurers and Controller
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Related Ocuupations
Some Ocuupations related to Treasurers and Controller in different industries are
- Accountants and Auditors
- Financial Examiners
- Chief Executives
- Financial Managers
- Budget Analysts
- General and Operations Managers
- Personal Financial Advisors
- Investment Fund Managers
- Management Analysts
- Financial and Investment Analysts
- First-Line Supervisors of Office and Administrative Support Workers
- Administrative Services Managers
- Project Management Specialists
- Bookkeeping, Accounting, and Auditing Clerks
- First-Line Supervisors of Non-Retail Sales Workers
- Credit Analysts
- Executive Secretaries and Executive Administrative Assistants
- Tax Examiners and Collectors, and Revenue Agents
- Payroll and Timekeeping Clerks
- Fundraising Managers
What Do Treasurers and Controller do?
- Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
- Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
- Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
- Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
- Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
- Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
- Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
- Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities.
- Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
- Develop internal control policies, guidelines, and procedures for activities, such as budget administration, cash and credit management, and accounting.
- Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
- Advise management on short-term and long-term financial objectives, policies, and actions.
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
- Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
- Lead staff training and development in budgeting and financial management areas.
- Receive cash and checks and make deposits.
- Compute, withhold, and account for all payroll deductions.
- Perform tax planning work.
- Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.
- Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal and regulatory requirements are met.
- Handle all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker's compensation.
Qualities of Good Treasurers and Controller
- Written Comprehension: The ability to read and understand information and ideas presented in writing.
- Inductive Reasoning: The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
- Oral Expression: The ability to communicate information and ideas in speaking so others will understand.
- Written Expression: The ability to communicate information and ideas in writing so others will understand.
- Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Problem Sensitivity: The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
- Deductive Reasoning: The ability to apply general rules to specific problems to produce answers that make sense.
- Near Vision: The ability to see details at close range (within a few feet of the observer).
- Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
- Mathematical Reasoning: The ability to choose the right mathematical methods or formulas to solve a problem.
- Number Facility: The ability to add, subtract, multiply, or divide quickly and correctly.
- Speech Clarity: The ability to speak clearly so others can understand you.
- Speech Recognition: The ability to identify and understand the speech of another person.
- Category Flexibility: The ability to generate or use different sets of rules for combining or grouping things in different ways.
- Fluency of Ideas: The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
- Originality: The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
- Perceptual Speed: The ability to quickly and accurately compare similarities and differences among sets of letters, numbers, objects, pictures, or patterns. The things to be compared may be presented at the same time or one after the other. This ability also includes comparing a presented object with a remembered object.
- Flexibility of Closure: The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
- Speed of Closure: The ability to quickly make sense of, combine, and organize information into meaningful patterns.
- Memorization: The ability to remember information such as words, numbers, pictures, and procedures.
- Selective Attention: The ability to concentrate on a task over a period of time without being distracted.
- Time Sharing: The ability to shift back and forth between two or more activities or sources of information (such as speech, sounds, touch, or other sources).
- Far Vision: The ability to see details at a distance.
- Visualization: The ability to imagine how something will look after it is moved around or when its parts are moved or rearranged.
- Finger Dexterity: The ability to make precisely coordinated movements of the fingers of one or both hands to grasp, manipulate, or assemble very small objects.
- Visual Color Discrimination: The ability to match or detect differences between colors, including shades of color and brightness.
- Auditory Attention: The ability to focus on a single source of sound in the presence of other distracting sounds.
- Hearing Sensitivity: The ability to detect or tell the differences between sounds that vary in pitch and loudness.
- Depth Perception: The ability to judge which of several objects is closer or farther away from you, or to judge the distance between you and an object.
- Trunk Strength: The ability to use your abdominal and lower back muscles to support part of the body repeatedly or continuously over time without "giving out" or fatiguing.
- Wrist-Finger Speed: The ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
- Dynamic Strength: The ability to exert muscle force repeatedly or continuously over time. This involves muscular endurance and resistance to muscle fatigue.
- Manual Dexterity: The ability to quickly move your hand, your hand together with your arm, or your two hands to grasp, manipulate, or assemble objects.
- Gross Body Coordination: The ability to coordinate the movement of your arms, legs, and torso together when the whole body is in motion.
- Arm-Hand Steadiness: The ability to keep your hand and arm steady while moving your arm or while holding your arm and hand in one position.
- Spatial Orientation: The ability to know your location in relation to the environment or to know where other objects are in relation to you.
- Sound Localization: The ability to tell the direction from which a sound originated.
- Glare Sensitivity: The ability to see objects in the presence of a glare or bright lighting.
- Peripheral Vision: The ability to see objects or movement of objects to one's side when the eyes are looking ahead.
- Night Vision: The ability to see under low-light conditions.
- Gross Body Equilibrium: The ability to keep or regain your body balance or stay upright when in an unstable position.
- Control Precision: The ability to quickly and repeatedly adjust the controls of a machine or a vehicle to exact positions.
- Dynamic Flexibility: The ability to quickly and repeatedly bend, stretch, twist, or reach out with your body, arms, and/or legs.
- Extent Flexibility: The ability to bend, stretch, twist, or reach with your body, arms, and/or legs.
- Stamina: The ability to exert yourself physically over long periods of time without getting winded or out of breath.
- Explosive Strength: The ability to use short bursts of muscle force to propel oneself (as in jumping or sprinting), or to throw an object.
- Static Strength: The ability to exert maximum muscle force to lift, push, pull, or carry objects.
- Speed of Limb Movement: The ability to quickly move the arms and legs.
- Reaction Time: The ability to quickly respond (with the hand, finger, or foot) to a signal (sound, light, picture) when it appears.
- Rate Control: The ability to time your movements or the movement of a piece of equipment in anticipation of changes in the speed and/or direction of a moving object or scene.
- Response Orientation: The ability to choose quickly between two or more movements in response to two or more different signals (lights, sounds, pictures). It includes the speed with which the correct response is started with the hand, foot, or other body part.
- Multilimb Coordination: The ability to coordinate two or more limbs (for example, two arms, two legs, or one leg and one arm) while sitting, standing, or lying down. It does not involve performing the activities while the whole body is in motion.
Tools Used by Treasurers and Controller
- 10-key calculators
- Desktop computers
- Notebook computers
- Personal computers
- Personal digital assistants PDA
- Tablet computers
Technology Skills required for Treasurers and Controller
- Accounting software
- ADERANT Expert Back Office, Powered by Keystone
- ADP software
- ADP Workforce Now
- Automatic Data Processing PC payroll for windows PCPW
- Blackbaud The Raiser's Edge
- Corel QuattroPro
- Deltek professional services software
- Exact Software Macola ES
- FileMaker Pro
- Fund accounting software
- Hyperion Enterprise
- Hyperion Solutions System 9 Planning
- Hypertext markup language HTML
- IBM Cognos Impromptu
- IBM Lotus 1-2-3
- Infor ERP SyteLine
- Intuit QuickBooks
- Job costing software
- Microsoft Access
- Microsoft Dynamics
- Microsoft Dynamics GP
- Microsoft Dynamics SL
- Microsoft Excel
- Microsoft FRx
- Microsoft Office SharePoint Server MOSS
- Microsoft Office software
- Microsoft Outlook
- Microsoft PowerPoint
- Microsoft Project
- Microsoft Word
- MYOB Premier Accounting Small Business Suite
- NetSuite ERP
- Oracle Business Intelligence Enterprise Edition
- Oracle E-Business Suite Financials
- Oracle Fusion Applications
- Oracle Hyperion
- Oracle Hyperion Planning
- Oracle JD Edwards EnterpriseOne
- Oracle PeopleSoft
- Oracle PeopleSoft Financials
- Oracle Primavera Enterprise Project Portfolio Management
- Sage 50 Accounting
- Sage Fixed Asset Solution FAS
- Sage MIP Fund Accounting
- SAP Business Objects
- SAP Crystal Reports
- SAP software
- Structured query language SQL
- Tax software
- Yardi software