Career Overlap Transition record
RecordMove

Accounting manager to bank treasurer

An accounting manager already meets 56% of what the bank treasurer role asks for. The move turns on 9 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional
From accounting manager
56 % overlap
Partial match
To bank treasurer
22 You already bring
9 Still to learn
46 Skills in the target role2
Learning distance Real move, short list to learn

49.9/ 100

1 How much of what a bank treasurer is expected to do is already part of an accounting manager’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the bank treasurer role is recorded as needing, required and optional together. What these numbers mean.

Why

Why this move works

A bank treasurer role treats 16 of its required skills as things an accounting manager already does. You would walk in with these on day one.

  • advise on financial matters
  • analyse financial performance of a company
  • analyse market financial trends
  • corporate social responsibility
  • create a financial plan
  • enforce financial policies

What stands in the way is 9 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 22 skills that carry over, these are the ones fewest other occupations ask for. A bank treasurer role needs them, and most people applying for one will not have them already. This is the part of an accounting manager background worth leading with.

Skill the target role also needs Area
  • already held liquidity management business, administration and law
  • already held check accounting records information skills
  • already held evaluate budgets management skills
  • already held prepare financial auditing reports information skills
  • already held enforce financial policies management skills
  • already held financial analysis business, administration and law

All 22 carried skills, including the 16 the bank treasurer role treats as required.

Table 3

Table 3 · What you may need to learn

The 24 missing skills fall into 5 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.

Skill to pick up Tier
01 information skills 4 required, 4 supplementary
  • still to learn conduct financial audits required
  • still to learn maintain financial records required
  • still to learn maintain records of financial transactions required
  • still to learn trace financial transactions required
  • optional, not held create a financial report optional
  • optional, not held obtain financial information optional
  • optional, not held produce statistical financial records optional
  • optional, not held synthesise financial information optional
02 business, administration and law 3 required, 6 supplementary
  • still to learn treasury management system required
  • still to learn accounting required
  • still to learn accounting techniques required
  • optional, not held investment analysis optional
  • optional, not held banking activities optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial markets optional
  • optional, not held financial products optional
  • optional, not held securities optional
03 management skills 1 required, 2 supplementary
  • still to learn handle financial transactions required
  • optional, not held develop audit plan optional
  • optional, not held manage corporate bank accounts optional
04 social sciences, journalism and information 1 required
  • still to learn economics required
05 communication, collaboration and creativity 3 supplementary
  • optional, not held maintain relationship with customers optional
  • optional, not held communicate with banking professionals optional
  • optional, not held present reports optional
Table 4

Table 4 · Where to start

The 3 entries a bank treasurer role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 22 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse financial performance of a company skill
  • already held analyse market financial trends skill
  • already held corporate social responsibility knowledge
  • already held create a financial plan skill
  • already held enforce financial policies skill
  • already held evaluate budgets skill
  • already held financial analysis knowledge
  • already held financial management knowledge
  • already held financial statements knowledge
  • already held follow company standards skill
  • already held liaise with managers skill
  • already held manage accounts skill
  • already held manage budgets skill
  • already held prepare financial auditing reports skill
  • already held strive for company growth skill
  • already held check accounting records skill
  • already held financial forecasting knowledge
  • already held liquidity management knowledge
  • already held plan health and safety procedures skill
  • already held statistics knowledge
  • already held tax legislation knowledge
15 supplementary skills, helpful but not required
Skill to pick up Tier
  • optional, not held create a financial report optional
  • optional, not held investment analysis optional
  • optional, not held maintain relationship with customers optional
  • optional, not held banking activities optional
  • optional, not held communicate with banking professionals optional
  • optional, not held develop audit plan optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial markets optional
  • optional, not held financial products optional
  • optional, not held manage corporate bank accounts optional
  • optional, not held obtain financial information optional
  • optional, not held present reports optional
  • optional, not held produce statistical financial records optional
  • optional, not held securities optional
  • optional, not held synthesise financial information optional
40 held skills the bank treasurer role does not ask for
Skill Type
  • not needed by the target role accounting department processes knowledge
  • not needed by the target role accounting entries knowledge
  • not needed by the target role advise on bankruptcy proceedings skill
  • not needed by the target role advise on public finance skill
  • not needed by the target role advise on tax planning skill
  • not needed by the target role attach accounting certificates to accounting transactions skill
  • not needed by the target role bookkeeping regulations knowledge
  • not needed by the target role calculate tax skill
  • not needed by the target role depreciation knowledge
  • not needed by the target role disseminate information on tax legislation skill
  • not needed by the target role draft accounting procedures skill
  • not needed by the target role ensure compliance with accounting conventions skill
  • not needed by the target role ensure compliance with disclosure criteria of accounting information skill
  • not needed by the target role evaluate employees skill
  • not needed by the target role explain accounting records skill
  • not needed by the target role financial department processes knowledge
  • not needed by the target role follow the statutory obligations skill
  • not needed by the target role forecast organisational risks skill
  • not needed by the target role fraud detection knowledge
  • not needed by the target role global standards for sustainability reporting knowledge
  • not needed by the target role identify if a company is a going concern skill
  • not needed by the target role inform on fiscal duties skill
  • not needed by the target role integrate strategic foundation in daily performance skill
  • not needed by the target role international financial reporting standards knowledge
  • not needed by the target role interpret financial statements skill
  • not needed by the target role liaise with auditors skill
  • not needed by the target role liaise with financiers skill
  • not needed by the target role make strategic business decisions skill
  • not needed by the target role manage staff skill
  • not needed by the target role manage the general ledger skill
  • not needed by the target role monitor financial accounts skill
  • not needed by the target role national generally accepted accounting principles knowledge
  • not needed by the target role perform account allocation skill
  • not needed by the target role perform cost accounting activities skill
  • not needed by the target role perform dunning activities skill
  • not needed by the target role prepare financial statements skill
  • not needed by the target role prepare tax returns forms skill
  • not needed by the target role public finance knowledge
  • not needed by the target role supervise accounting operations skill
  • not needed by the target role support development of annual budget skill
10 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to pick up Tier
  • still to learn treasury management system required
  • still to learn accounting required
  • still to learn accounting techniques required
  • still to learn economics required
  • optional, not held investment analysis optional
  • optional, not held banking activities optional
  • optional, not held financial jurisdiction optional
  • optional, not held financial markets optional
  • optional, not held financial products optional
  • optional, not held securities optional
Index
FAQ

Common questions about this move

Can an accounting manager become a bank treasurer?

Yes, and it is a moderate move. An accounting manager already covers 56% of what a bank treasurer is expected to do: 22 skills carry over, 16 of which the bank treasurer role treats as required.

What skills does an accounting manager need to become a bank treasurer?

9 required skills are missing, plus 15 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by information skills. The single most important is treasury management system.

How hard is the move from accounting manager to bank treasurer?

Its learning distance is 49.9 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.