Treasurer

Definition

A treasurer is a financial officer responsible for managing an organization's finances, including cash flow, investments, and risk management. They ensure the organization has adequate liquidity and oversees financial planning and reporting.

5 Must Know Facts For Your Next Test

1. The treasurer plays a crucial role in strategic financial planning and policy development.
2. They are responsible for managing the company's capital structure and funding strategies.
3. Treasurers often oversee investment portfolios to maximize returns within acceptable risk levels.
4. They work closely with other executives to align financial goals with overall business objectives.
5. Treasurers must stay compliant with regulatory requirements and ensure accurate financial reporting.

Review Questions

• What are the primary responsibilities of a treasurer in an organization?
• How does a treasurer contribute to an organization's strategic planning?
• Why is it important for a treasurer to manage both liquidity and investments?

Related terms

Chief Financial Officer (CFO):

An executive responsible for overseeing the financial activities of an entire organization.

Cash Flow Management:

The process of monitoring, analyzing, and optimizing net amounts of cash receipts minus cash expenses.

Risk Management:

The practice of identifying, analyzing, and mitigating uncertainty in investment decisions.