Salaries and Costs
Assistant treasurer salaries in the UK often sit around £90,000 to £130,000 for larger groups, with regional roles closer to £70,000 to £95,000, bonuses can range from 15 percent to 40 percent, with long term incentives for listed groups. Interim day rates for senior treasury leads can sit near £600 to £1,000, recruitment fees for permanent hires are usually a percentage of base pay, with agency costs for interims charged as a margin or a flat fee, executive search is used for niche briefs and tends to command higher recruitment fees. Employers should agree pay rates, notice terms, and any rebated fees in writing, candidates should ask how compensation is structured across salary, bonus, and benefits.
Qualifications
Many employers look for ACT pathways, with CertT and AMCT common at assistant treasurer level, MCT appears for group treasurer tracks. Experience with cash management, liquidity, covenant reporting, and hedge accounting under IFRS 9 is valued, practical knowledge of treasury management systems such as Kyriba, Quantum, or SAP TRM helps candidates stand out. Recruiters and recruitment consultants will flag controls experience, audit comfort, and strong board papers as must haves, and employment firms often screen for bank relationship management, ratings engagement, and refinancing exposure.
Hiring Challenges
The labour market for senior treasury roles is tight, local employers often want a mix of strategy and hands on delivery, which narrows shortlists. Projects around payment factories, in house bank builds, and ISO 20022 migrations create spikes in demand, retention becomes tricky when transformation timelines slip. Businesses weigh hybrid working against the need for on site bank signatories and payment approvals, candidates weigh commute length and family commitments, temp agencies can fill gaps during busy periods, but demand for executive search rises when the brief requires sector depth or a rare systems blend.
Roles and Career Paths
An assistant treasurer can run cash and liquidity, debt and capital markets, risk and hedging, or operations, many roles carry line management of treasury analysts and managers. Career paths often move toward deputy treasurer then group treasurer, with side steps into corporate finance, investor relations, or shared service leadership. Recruitment agencies will map these routes for employers, while jobseekers can register with an agency to hear about projects that match specific strengths such as forecasting, working capital, or bank connectivity.
Regulatory and Compliance Standards
UK corporates look for strong policy design, segregation of duties, and audit ready controls. Knowledge of EMIR reporting, MAR awareness for listed issuers, and practical hedge documentation matters, some employers ask for SOX style control testing for global operations. Recruiters often pre screen for signatory controls, mandate governance, and sanctions awareness, staffing agencies can brief candidates on KYC packs, onboarding with banking partners, and payment approval matrices.
Regional or Geographic Variations
Pay and hiring speed vary across the UK, major finance districts and commuter belts see faster interview cycles and greater competition for candidates, shared service locations often focus on process scale and automation. Employment firms will discuss split site leadership, travel between headquarters and service hubs, and the impact of commuter links on time in the office.
Temporary, Permanent, and Contract Work
Assistant treasurer needs come in three streams, permanent hires for long term stewardship, fixed term contracts for maternity cover or system upgrades, and day rate interims for rapid firefighting. Temp agencies handle onboarding, timesheets, and pay rates for interims, permanent search partners handle market mapping, discreet approaches, and offer management. Employers looking to hire staff should clarify notice periods and start dates early, candidates seeking contract work should confirm invoice cycles and any capped hours.
Common Job Roles Agencies Recruit For
Recruitment agencies cover assistant treasurer, deputy treasurer, head of cash and liquidity, head of risk and hedging, TMS lead, treasury operations manager, and cash forecasting lead. For transformation, recruiters place programme managers with Kyriba or Quantum experience, banking connectivity leads with SWIFT knowledge, and specialists across payment security and fraud prevention. Local businesses use staffing agencies to find employees for regional treasury centres, while jobseekers can register with an agency to access roles not advertised on boards.
Hard To Fill Positions
Roles that mix funding strategy with deep systems fluency are the hardest to fill, for example an assistant treasurer who can run a refinancing, lead hedge accounting, and own a TMS migration. Payment factory builds, in house bank setups, and netting solutions call for rare profiles, executive search can open passive networks, temp agencies can supply project contractors who carry the delivery workload while a permanent search runs.
Market Snapshots and FAQs
UK assistant treasurer hiring ebbs and flows with refinancing windows and M and A, when credit markets open, demand for candidates with lender and ratings exposure jumps. Many employers ask whether recruitment fees cover international search, in most cases recruiters can reach candidates across the UK and Europe, with agency costs agreed case by case. Candidates often ask about hybrid patterns, two to three days in the office is common at this level, contingent on signatory cover and meeting schedules. Employers ask how long a search takes, time to hire varies with notice periods and the scope of testing, recruitment consultants can move faster when interview panels and salary bands are agreed from the start.
How Assistant Treasurer Recruitment Agencies Help
Assistant treasurer recruitment agencies give employers a shortlist of vetted candidates who match salary bands, controls depth, and TMS exposure, they guide on recruitment fees and realistic pay rates, and cover references and right to work. For jobseekers, agencies open doors to roles where cash forecasting, FX risk, and banking relationships are front and centre, candidates who register with an agency get early sight of temporary, permanent, and contract work, and clearer advice on interview preparation and offer terms. For UK wide hiring, agencies understand the job market, the wider workforce picture, and retention risks tied to commute time and team size, with insight on business parks, enterprise zones, and commuter links that shape working patterns.