Treasurers are financial officers responsible for overseeing the management and allocation of an organization's funds. They handle financial planning, investment strategies, risk management, and report financial status to stakeholders.
Education: Bachelor's degree
Years in related career: 5 years or more
On-the-job training: None
Projected Growth: 16.0% (far above average)
Annual job openings: 74 600
Direct AI exposure: 16% of tasks
Potential AI exposure: 66% of tasks
| Income data is from Employment and Social Development Canada's 2025 wage tables. The closest match for this career in Canada’s occupational classification system is Financial Managers. According to the wage tables, average income is $124K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $80K per year | $100K per year | $124K per year | $151K per year | $191K per year |
| Compared to other careers: Median is $59K above the national average. | ||||
Treasurers typically work in an office environment within corporate, nonprofit, or governmental organizations. The role may involve frequent interactions with other executives, financial teams, and external stakeholders. It often requires full-time hours with additional time during financial reporting periods or critical fiscal events.
Treasurers play a pivotal role in the financial health and sustainability of an organization. They are responsible for developing strategies to ensure the organization's financial stability, including managing investments, cash flow, and risk. This requires a deep understanding of financial markets, economic trends, and regulatory environments. Treasurers must be proficient in financial modeling, forecasting, and analysis to make informed decisions.
Strong leadership and communication skills are essential, as treasurers often lead financial teams and interact with other department heads, board members, investors, and financial institutions. They must be able to clearly articulate financial strategies and risks, often in high-stakes situations.
The role demands a high level of integrity, analytical thinking, and strategic planning. Treasurers must stay abreast of changing financial regulations and market conditions, adapting strategies to meet organizational goals and compliance requirements. They are often involved in long-term financial planning, capital raising, and investment decisions, impacting the organization's future direction.
A bachelor's degree in finance, accounting, economics, or business administration is typically required. Many treasurers also hold advanced degrees, such as an MBA, or professional certifications such as CPA (Chartered Professional Accountant) or CFA (Chartered Financial Analyst).
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.