Treasury Specialist
Treasury Specialist manages liquidity, account balances and the company's cash flows, and monitors payments and currency positions.
What a Treasury Specialist does
A Treasury Specialist makes sure the company has the right money in the right currency and in the right account at the right time. This matters a lot in high-risk verticals, where companies work with several payment providers, acquiring, reserves for chargebacks and withdrawals. Balances are spread across dozens of accounts and wallets, and cash gaps can appear suddenly. The Treasury Specialist keeps this balance under control every day.
The role usually sits in the finance department or in a separate treasury team. It reports to a Treasury Manager, the Head of Treasury, or the CFO in smaller companies. The specialist typically does not manage people, but works closely with accounting, the payments team, risk management and operational financial control.
In fintech and payments the job goes beyond classic treasury. The specialist tracks settlements with processors, reserves, holds and payout delays, and makes sure client funds are kept separate from the company's own funds. In other industries the role is closer to corporate treasury: loans, deposits, bank guarantees and currency control.
Responsibilities
- Daily control of balances across all bank accounts, acquiring and payment providers, with reconciliation against statements
- Short-term cash flow forecasting (days and weeks) and medium-term forecasting (months), taking into account payouts, inflows and reserves
- Planning how liquidity is distributed across accounts, providers and currencies to prevent cash gaps
- Managing currency positions: conversion, hedging of simple risks, and FX gain/loss tracking together with accounting
- Monitoring settlements with payment providers: payout timing, deductions, holds and deviations from agreed terms
- Preparing and approving payments, following limits and dual-approval procedures
- Working with banks and providers: opening and maintaining accounts, requesting limit changes, resolving blocks
- Preparing management reporting on liquidity and cash flows for leadership
- Taking part in audits and regulator or partner inquiries related to fund movements and reserve availability
Skills
- Understanding of money flow in the payment cycle, from a client transaction to funds arriving in the company's account
- Working with cash flow forecasts in spreadsheets and BI tools
- Knowledge of FX instruments and basic hedging mechanisms
- Attention to detail when reconciling statements and payment registers
- Ability to make quick decisions under cash pressure and prioritize payments
- Communicating with banks, providers and internal teams without losing precision
- Understanding of requirements for segregating client funds from the company's own funds
- Process discipline: limits, roles, approval logs
- Basic understanding of accounting and reporting, and the ability to read financial statements
Tools
- Excel or Google Sheets with advanced formulas and pivot tables
- Bank client portals and electronic document exchange systems with banks
- Treasury management systems (TMS) or similar tools
- 1C or the company's ERP system for payment recording and reconciliation
- BI tools for liquidity dashboards (for example, Power BI or Looker)
- Admin panels of payment providers and acquirers for settlement reconciliation
- SQL for transaction exports and reconciliations, where data access is available
How performance is measured
- No cash gaps and no critical-level overdue payments
- Accuracy of cash flow forecasts for the week and month horizons
- Speed of balance and settlement reconciliation with providers
- Share of discrepancies found and closed on time
- Cost of conversion and FX losses versus plan
- Timeliness of management reporting
- No limit or procedure violations in audit results
By vertical
FinTech
In fintech and payments, treasury is closely tied to settlements. The specialist tracks reserves, holds, processor payout delays, and the separation of client funds from company funds. A reconciliation error here immediately affects payouts to users.
Corporate functions
In general corporate functions the role is closer to classic treasury, focusing on liquidity, banking relationships, loans, deposits and FX costs, without the specifics of the payment cycle.
Levels
Specialist
An individual contributor who runs day-to-day operations: reconciliations, payments, basic forecasts and reports. Decisions are made within approved limits and procedures, and non-standard situations are escalated to the head of treasury.
How to get there
Most people enter the profession from accounting, financial analysis, banking operations, payment operations or bank treasury. Confidence in Excel, an understanding of accounting, and experience with statements and payments are essential. For fintech, experience with payment providers, processing or settlements with partners is a plus.
To get into the role, learn the basics of treasury: cash flow forecasting, liquidity management, currency operations and the principles of segregating funds. It helps to build a simple forecasting model and keep a discrepancy log, even if this is done on personal examples or training cases.
Growth comes from expanding your scope: from operational reconciliations to independent forecasting, work with banks and providers, currency positions and reporting for leadership. It is important to show results in numbers: forecast accuracy, speed of closing discrepancies, and no cash gaps.
Next steps: Treasury Manager, Senior Treasury Specialist, Head of Treasury, Payments Operations Manager, Financial Controller
FAQ
How is a Treasury Specialist different from an accountant?
An accountant records transactions and is responsible for accurate books and reporting. A Treasury Specialist is responsible for the movement of money: where it sits, when it comes in and goes out, and whether there is enough to cover payouts. The tasks overlap in reconciliations, but the goals are different.
Do I need programming skills for this role?
For a基础 entry-level specialist, programming is usually not required. Strong Excel skills and the ability to work with SQL exports or BI dashboards matter more. In large companies with in-house systems, knowledge of SQL and APIs becomes a clear advantage.
What affects income in this profession?
Income depends on company size and cash flow volume, the vertical, the complexity of the payment infrastructure and currency operations, and how much the specialist takes on in forecasting and bank relations. Specific salary ranges depend on region and market.
What experience is needed to get into fintech treasury?
Employers most often look for an understanding of the payment cycle, experience with reconciliations and statements, and strong Excel skills. Experience at a bank, payment provider, acquirer or in financial control provides a solid base. Accuracy when handling large volumes of transactions is especially valued.
What does a Treasury Specialist do in high-risk verticals?
They manage liquidity and settlements in an environment where banks and providers may restrict operations, and chargebacks and holds affect available funds. The specialist's job is to keep an adequate reserve, spot deviations early, and approve payments within the requirements of procedures and licensing.
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