Crafting a Smarter Fiscal Path: The Mission of Heads of Treasury

The job of Heads of Treasury can be compared to that of a "financial conductor". They manage and direct the cash flow within an organisation, ensuring that all finances are handled responsibly and in line with set objectives. They specifically ensure that financial resources are available when they are needed, while keeping a close eye on expenditure to avoid excessive or unnecessary spending. They are also responsible for creating and maintaining budgets, analysing financial trends and developing strategies to maximise the organisation's return on investment. This requires a high level of knowledge in accounting, economics and finance, as well as excellent problem-solving skills and the ability to make decisions under pressure.

And that's not all: heads of treasury must be familiar with big data and analytics. They need to know how to interpret complex financial documents and make quick decisions based on their insights. Furthermore, they need to know how to use technology, especially property tech, to automate tasks and produce meaningful and effective reports. And last but not least, as a social component, it is important to maintain close relationships with external stakeholders such as financial institutions and regulators.

‍

With our extensive experience as a recruitment consultancy in the field of finance and real estate management, Numeris Consulting is here to provide you with competent and reliable support, especially when it comes to treasury management. We continuously develop our multi-channel search to find the right Heads of Treasury for your job profile and assignment.

‍

What is Treasury Management?

Treasury Management is a financial discipline that focuses on managing the cash flow, liquidity and risk of an organisation or enterprise. It involves formulating strategies to maximise returns on surplus funds while minimising risks to the organisation's capital. Treasury management also includes analysing strategies to manage foreign currency exchange rates and interest rate fluctuations, as well as the use of derivatives and other financial instruments. An effective treasury management system helps to ensure that the organisation has access to sufficient cash and liquidity at all times, while helping the firm to meet its strategic goals.

‍

What is the difference between Heads of Treasury and Heads of Accounting?

The Head of Treasury role is focused on managing the company's financial investments and resources, while a Head of Accounting manages the day-to-day financial operations. The Head of Treasury is responsible for developing strategies to maximise returns on investments, analysing financial risks and opportunities, forecasting the company's liquidity, and managing any external financing needs. On the other hand, the Head of Accounting is responsible for overseeing day-to-day accounting operations such as accounts receivables/payables, budgeting and forecasting, internal control processes, and financial reporting. The Head of Treasury position requires a deep understanding of the financial markets and a strategic approach to managing resources, while the Head of Accounting position requires an understanding of accounting principles and strong organisational skills. Both positions involve communication with internal departments and external stakeholders such as banks, investors, and tax authorities.

‍

How can Heads of Treasury leverage PropTech in their Job

The role of Head of Treasury is to manage the company's monetary resources, from planning and budgeting to investment and risk management. By leveraging PropTech (Property Technology) in their job, Heads of Treasury can make more informed decisions about how to best allocate funds for short-term liquidity needs, long-term strategic investments, and evaluate risks associated with various financial instruments.

Furthermore, PropTech can provide Heads of Treasury with real-time data and analysis on various financial markets, enabling them to make more accurate predictions and forecasts about future changes in market conditions. In addition, PropTech can automate tedious but important tasks such as preparing compliance reports or tracking and analysing large amounts of data. This frees up valuable time for heads of treasury to apply their expertise to financial strategy and decision-making. PropTech can also help heads of treasury reduce the costs associated with managing finances by eliminating manual processes and optimising existing systems. It’s a classic digitalisation process.

‍

Numeris Consulting is the leading digital recruitment consultancy in finance and real estate management, helping you find the best treasury management talent. Don't hesitate to contact us for more information - we are here to support you in your mission in a professional and target-oriented way.