Career Guide
Treasury Analyst
Corporate treasury is the CFO's operational arm: making sure the company can pay its bills tomorrow, has cheap funding, hedges FX/interest-rate exposure, and invests idle cash safely. Bank treasuries additionally trade rates, FX, and manage bank liquidity.
A day in the life
9:00 — reconcile overnight bank balances across entities. 10:30 — 13-week rolling cash forecast update. 12:00 — call banks on quotes for a new working-capital line. 2:00 — book a forward to hedge a USD export receivable. 5:00 — pay-run approvals.
Technical skills
- Cash-flow forecasting (13-week direct method)
- FX & interest-rate hedging (forwards, swaps, options)
- Bank-fee negotiation, RFP for lines of credit
- Trade finance instruments (LC, BG)
- Treasury Management Systems (Kyriba, SAP TRM)
Soft skills
- Banker relationships
- Negotiation
- Process rigour
- Cross-functional coordination with tax/accounting
Education
- • B.Com / CA / MBA Finance
- • ACT (UK Association of Corporate Treasurers) globally recognised
Tools of the trade
Compensation by seniority
| Level | India | Global (US) |
|---|---|---|
| Analyst (0–3 yr) | ₹5–10 L | — |
| Senior Analyst (3–6 yr) | ₹10–20 L | — |
| Manager (6–12 yr) | ₹18–40 L | — |
| Treasurer (12+ yr) | ₹40 L – 1.5 Cr | — |
Indicative ranges. Real comp varies by firm, city, and cycle.
Your roadmap
- 1
0–1 yr
Foundation
Accounting + cash mechanics
- Master direct/indirect cash-flow methods
- Understand LC, BG, working-capital cycles
- 2
1–3 yr
Skills
Hedging + banking
- Learn FX forwards, IRS, currency swaps
- Complete ACT / CTP foundational
- 3
3–6 yr
Specialise
Own a domain — cash, funding, or FX
- Manage bank RFP
- Own a hedging book
- 4
6–12 yr
Lead
Manager → head of treasury operations
- Run the treasury team
- Present to CFO/board
- 5
12+ yr
Treasurer
Enterprise-wide treasury
- Own funding strategy, capital structure, rating-agency dialogue
Typical employers
- Corporates — Reliance, Tata, HUL, Infosys, ITC
- Bank treasuries — HDFC, ICICI, SBI, Standard Chartered, Citi
- MNCs — Google, Amazon, Microsoft India treasury
- Global capability centres of foreign banks
Interview prep
- Explain a currency forward vs option
- Build a 13-week cash forecast for a hypothetical business
- Difference between GAAP cash & treasury cash
- How would you hedge a $10M receivable due in 6 months?
Pros
- + Central to CFO — high visibility
- + Blend of markets + operations
- + Reasonable hours vs front-office
Trade-offs
- − Less lucrative than IB/PE at senior levels
- − Compliance-heavy
- − Deep specialisation limits pivots
Learn next
Certifications