Treasurers and Controllers

People in this career manage the financial health of an organization by planning investments, securing funding, and directing budget activities. On a daily basis, they gather and process financial information, analyze data, and use computers to monitor transactions. Making complex decisions and solving problems are central to the role, as is developing long-term financial objectives and strategies. These professionals must organize, plan, and prioritize their tasks while communicating regularly with supervisors, staff, and external partners.

Success in this field requires strong skills in financial resource management, mathematics, critical thinking, and judgment. Treasurers and controllers must be active listeners and clear communicators. They rely heavily on a deep knowledge of economics, accounting, administration, and management. A strong foundation in law, government, and computers is also necessary. This work appeals to individuals with conventional interests who value structure and detail. Key work styles include integrity, dependability, attention to detail, and leadership orientation. These managers must also show initiative, self-confidence, and cautiousness when handling large-scale financial decisions.

To enter this career, individuals typically need a bachelor's degree. Because this role requires considerable preparation, most professionals also need several years of work experience in a related financial field before stepping into a management position. Relevant college majors that prepare students for this work include accounting and related services, finance and financial management services, business administration, management and operations, data analytics, and accounting and computer science.

While not always mandatory, obtaining professional certifications can help candidates advance. Several recognized certifications are available, such as the Associate in Risk Management and the Associate in Risk Management for Public Entities, both offered by The Institutes. Those working in government might pursue the Certified Government Financial Manager credential from the Association of Government Accountants, or the Professional Certification Program through the National Association of County Collectors, Treasurers and Finance Officers. Other options include the Bookkeeping Certification from the National Association of Certified Public Bookkeepers and the Global Remuneration Professional credential from WorldatWork.

The median annual pay for this occupation is $166,570. The lowest 10% of earners in this field make less than $94,310, while the highest 10% earn more than $323,270. These wage figures represent the broader Bureau of Labor Statistics group for financial managers.

With 841,710 people currently employed, the field is projected to grow by 9.7% from 2025 to 2035, which is much faster than the average for all occupations. This growth, combined with normal turnover, is expected to result in approximately 65,600 job openings each year.