Corporate Treasury refers specifically to the area of accountancy embedded within a particular company or business. The Corporate Treasury will be responsible for ensuring the business or company has the capital necessary to meet its demands and responsibilities. This is an area of management which demands a rigorous amount of responsibility including working closely with senior management as well as the accountability for large sums of money.
Recruitment to the sector will more often than not be achieved through the use of specialised recruitment agencies. Prospective staff and employees will already have a great deal of experience in accountancy and may well be required to have further qualifications organised by the Association of Corporate Treasurers. Candidates will be educated to degree level and have pursued graduate qualifications in accountancy.
As Corporate Treasury tends to involve managerial responsibilities, candidates will be required to display a background in the management of both corporate relationships and junior staff. This is a competitive sector, which involves a great deal of pressure, especially with the introduction of new rules and regulations since 2008, but salaries are also competitive. Newly graduated candidates in junior roles can expect to earn between £25-35,000, which is comfortably above the national average, with senior positions in large companies based in London and the South East earning upwards of £65-150,000.