Corporate Treasurer

ANZSCO

The material below reproduces the Australian Bureau of Statistics ANZSCO entry. Read it as the occupation’s classification description, alongside the current visa and assessment requirements.

Occupation description

Manages corporate funding, liquidity and financial risk associated with the profitable development and operation of an organisation. May be involved in acquisitions, disposals and joint ventures. Registration or licensing may be required.

Alternative job titles

Financial Risk Manager

ANZSCO skill level 1

Skill level 1 ANZSCO broadly places these occupations at bachelor’s degree level or above. At least five years of relevant experience may substitute for the formal qualification in the classification, and some occupations require additional experience or training. This does not automatically replace the qualification requirements of a skills assessment or visa.

In Australia and New Zealand: Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. In the case of Corporate Treasurers and Company Secretaries, at least five years of relevant experience may substitute for the formal qualification (ANZSCO Skill Level 1). Registration or licensing may be required.

Typical tasks

• arranging, giving notice of and attending meetings of directors and shareholders
• advising organisations' governing boards on matters concerning compliance with stock exchange listing rules, relevant legislation and corporation practice
• supervising organisations' share capital by preparing documents and share issues, and handling share transfers
• controlling treasury and treasury systems and establishing and reviewing risk management objectives and treasury policies
• identifying, managing and reporting on financial risks
• assisting with equity management, debt management, securities and taxation planning issues
• collecting, analysing and interpreting information on the financial standing, cost structures and trading effectiveness of organisations
• devising, re-organising and establishing budgetary cost control and other accounting systems such as computer-based systems
• conducting audits and investigations and preparing financial statements and reports for management, shareholders, and governing and statutory bodies
• evaluating the cost effectiveness and risks of operational processes, activities, policies and systems
• reporting to management on the existence and effectiveness of the system of internal controls
• establishing audit objectives, and designing and implementing audit methodologies, processes and audit report criteria

2212 Auditors, Company Secretaries and Corporate Treasurers

Auditors, Company Secretaries and Corporate Treasurers conduct audits of accounting systems, procedures and financial statements, manage corporate funding and financial risk, and administer and review corporate compliance activities.