Over the years there has been a continued rise of the finance professional as a business partner. A common trend across sectors is employers looking favourably on specific qualifications in specialism such as treasury.
Every business operates some kind of treasury function, whether it’s a small business operating a single bank account, or a global multinational.
Treasury decisions have a direct impact on the delivery of business strategy, and their consequences may last for years.
Corporate treasury and its core activities – cash and liquidity management, corporate financial management and funding, risk management and treasury operations and controls – is a universal, key enabler of business strategy, driving shareholder value.
The financial crisis has heightened the profile of treasury, increasing its influence and perceived value within organisations. More than ever, corporate treasurers and those engaged in treasury are relied upon by their CFOs, boards and other members of their organisation’s management team, to source efficient, innovative financial solutions to facilitate the business strategy and to manage its risks.
Bankers qualified in corporate treasury are similarly increasingly relied upon to understand and anticipate customer needs, to sell products and solutions efficiently, and to minimise risk to the bank.
Modern organisations that take a progressive approach to treasury see it as an end-to-end activity that is fully embedded in the business.