Treasurer
Manages the company's cash: cash forecasting, financing, investments, FX risk and banking relationships.
Why this hire matters.
Companies rarely die of accounting unprofitability — they die of missing cash at the wrong moment. The treasurer guards that reality: reliable 13-week cash forecasts, working-capital optimization (every day of DSO gained frees cash), financing secured before it's urgently needed, and risk management (FX, bank counterparties). In a post-raise scale-up they also make raised cash work and structure complementary financing (debt, RCF). The job differs from FP&A: one steers actual cash daily, the other models the trajectory. Below a certain size the topic belongs to the CFO — a dedicated role is justified when flows, currencies or entities multiply.
Key missions.
- Build cash forecasts (short and medium term)
- Steer daily flows and bank positions
- Optimize working capital (collections, payments, DSO/DPO)
- Manage investments and financing (debt, credit lines)
- Hedge FX and rate risks
- Manage banking relationships and guarantees
- Secure payments (fraud, delegations)
Skills.
Technical skills
- Cash management and forecasting
- Financing and hedging instruments
- Treasury tools (Kyriba, Agicap)
- Advanced Excel
- Solid accounting foundations
Expected qualities
- Rigor
- Anticipation
- Composure
- Bank negotiation sense
Common stack
Salaries 2025-2026
| Level | Experience | Annual gross base |
|---|---|---|
| Junior treasurer | 0-2 yrs | 42–52 k€ |
| Mid-level | 2-5 yrs | 52–68 k€ |
| Senior | 5-8 yrs | 68–85 k€ |
| Head of treasury | 8+ yrs | 85–110 k€ |
Paris market ranges, 2025-2026.
Outside the Paris region, expect 10 to 15 % less.
Sources : Michael Page 2026 · Robert Half 2026 · AFTE repères 2025
Hiring this profile.
Typical background
Finance/treasury master's (AFTE) or banking/audit paths. Multi-entity environments structure the progression.
When to hire
When flows get complex: multi-entity, international, structured debt, or significant raised cash to manage — often Series B/C.
Career path
Senior treasurer → Head of treasury → Financing & treasury director → CFO.