This article from CFO magazine's online site, titled "Treasuring the Treasurer" lays out some of the ways the treasurer's job has changed. The job now often includes:
- Spending more time with operational units to understand how treasury ops can support the company's profit centers (i.e. making sure financiang structure matches up with operational needs);
- More involvement in designing and implementing hedging strategies to mitigate foreign exchnage risk;
- Working with marekting and sales to structure payment options for customers
- Working in concert with the investor relations department (after all, they already work with credit analysts, so talking to analysts on the ewquity side is a natural extension).
In summary, the job is a lot more comprehensive and varied than in years past. Nowadays, the treasurer is much, much closer to the CEO. It's worth a read, and suitable for class use.
1 comment:
The job http://www.resumesbridge.com/ is a lot more comprehensive and varied than in years past. Nowadays, the treasurer is much, much closer to the CEO.
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