Treasurer

10th

12th (Commerce)

• Admission into the Bachelor of Commerce (B. Com) course is based on the candidates’ performance in the college/university-specific examination (if specified). However, it may vary from college to college; check the particular college rules and regulations before applying.

• To become an ACCOUNTANT, a candidate should graduate with a Bachelor of Commerce (B. Com) / B. Com Honors/ BBA Finance/ BBA Accountancy. 
• This graduation degree will be for three years.
• With the course, students must have the necessary skills and knowledge of Tally, SAP, etc. 

• During the course, grab as many opportunities for internships or project works as a candidate can. These help the candidate gain insights into the kinds of tasks that can expect to perform in the future.
• The internship duration would be four weeks, eight weeks, or ten weeks, depending on the choice of the candidate.
• Students can enroll for paid or unpaid internships during the course also.

As an intern, students can study cash flow and other investment strategies. In addition, a financial internship provides an excellent opportunity to obtain industry experience in the finance sector. 

Who is a Treasurer?

    A treasurer is a person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. The country's treasury is the department responsible for the country's economy, finance, and revenue. The treasurer is generally the head of the treasury. A treasurer, a certified treasury professional in specific job settings, is a finance expert who directly oversees a business or organization's long-term and short-term budgetary goals. Another interchangeable job title used to describe a treasurer is financial officer, the preferred term in the corporate business. A treasurer ensures that a company or organization stays in good financial health by producing detailed financial statements and coordinating investment decisions. Treasurers also work with other corporate executives to create and meet the quarter-to-quarter budgetary benchmarks as the chief executive officer instructed.

   Job Responsibilities of a Treasurer

• A Treasurer's primary responsibility is to run the treasury of an organization.
• A treasurer includes cash and liquidity management, risk management, and corporate finance.
• A treasurer ensures that a business or organization stays in good financial health by producing detailed financial statements and coordinating investment decisions.
• Treasurers used to work to monitor the day-to-day finances of a business.
• Treasurers are responsible for building and maintaining cordial relationships with investors, sponsors, bankers, and creditors. 
• A treasurer is responsible for managing and presenting budgets, account reports, and financial records to the upper management. 
•  A treasurer ensures that the company follows all the tax rules. 

Career Scope of a Treasurer

The demand for a Treasurer is ever-increasing because of the increase in the number of companies that deal with billions of dollars to keep track of vast sums of money. Candidates can start their careers with entry-level job roles as financial analysts. However, the experience in the companies helps them to upgrade their skills and knowledge to become aa s treasurer.

• A Treasurer works in various sectors, such as business, trade, government, financial institutions, individuals and families, and every other area. 
• A skilled and qualified Treasurer can join the government service and public and private sectors. 
• Treasurers play an essential role in the organization, and the duties of a Treasurer include cash and liquidity management, risk management, and corporate finance.

Salary/Income of a Treasurer

      An entry-level Treasurer with less than a year of experience can expect to earn approximately Rs. 2.5 Lakh to 3.5 Lakh per year. A Treasurer with 1 to 4 years of experience can expect to make roughly Rs. 3.5 Lakh to 6.5 Lakh per year.