RecordMove

Budget analyst to corporate treasurer

A budget analyst already meets 22% of what the corporate treasurer role asks for. The move turns on 11 required skills not yet in the profile.

Fig. 1 · Skill transfer ESCO v1.2.1 · directional

From budget analyst

Distant match

To corporate treasurer

6 You already bring

11 Still to learn

40 Skills in the target role2

Learning distance Substantial retraining

74.8/ 100

adjacentmoderatesubstantialcareer change

1 How much of what a corporate treasurer is expected to do is already part of a budget analyst’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 corporate treasurer role is recorded as needing, required and optional together. What these numbers mean.

Why

Why this move works

A corporate treasurer role treats 5 of its required skills as things a budget analyst already does. You would walk in with these on day one.

analyse financial performance of a company
evaluate budgets
financial department processes
manage budgets
review investment portfolios

What stands in the way is 11 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 6 skills that carry over, these are the ones fewest other occupations ask for. A corporate treasurer role needs them, and most people applying for one will not have them already. This is the part of a budget analyst background worth leading with.

Skill the target role also needs Area

already held exert expenditure control management skills
already held evaluate budgets management skills
already held financial department processes business, administration and law
already held review investment portfolios communication, collaboration and creativity
already held analyse financial performance of a company information skills
already held manage budgets management skills

All 6 carried skills, including the 5 the corporate treasurer role treats as required.

Table 3

Table 3 · What you may need to learn

The 34 missing skills fall into 4 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 business, administration and law 6 required, 8 supplementary

still to learn investment analysis required
still to learn treasury management system required
still to learn financial analysis required
still to learn financial forecasting required
still to learn financial statements required
still to learn liquidity management required

optional, not held banking activities optional
optional, not held insurance market optional
optional, not held property law optional
optional, not held public offering optional
optional, not held risk transfer optional
optional, not held securities optional
optional, not held stock market optional
optional, not held tax legislation optional

02 information skills 3 required, 4 supplementary

still to learn analyse financial risk required
still to learn analyse market financial trends required
still to learn interpret financial statements required

optional, not held identify if a company is a going concern optional
optional, not held create risk reports optional
optional, not held manage currency exchange risk mitigation techniques optional
optional, not held prepare financial statements optional

03 management skills 2 required, 6 supplementary

still to learn create a financial plan required
still to learn plan medium to long term objectives required

optional, not held convert currency optional
optional, not held develop revenue generation strategies optional
optional, not held perform currency reserve management optional
optional, not held handle cash flow optional
optional, not held manage corporate bank accounts optional
optional, not held manage securities optional

04 communication, collaboration and creativity 5 supplementary

optional, not held advise on credit rating optional
optional, not held advise on financial matters optional
optional, not held advise on tax planning optional
optional, not held disseminate information on tax legislation optional
optional, not held trade securities optional

Table 4

Table 4 · Where to start

The 3 entries a corporate 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 6 skills that carry over

Skill Type

already held analyse financial performance of a company skill
already held evaluate budgets skill
already held financial department processes knowledge
already held manage budgets skill
already held review investment portfolios skill
already held exert expenditure control skill

23 supplementary skills, helpful but not required

Skill to pick up Tier

optional, not held convert currency optional
optional, not held develop revenue generation strategies optional
optional, not held identify if a company is a going concern optional
optional, not held perform currency reserve management optional
optional, not held advise on credit rating optional
optional, not held advise on financial matters optional
optional, not held advise on tax planning optional
optional, not held banking activities optional
optional, not held create risk reports optional
optional, not held disseminate information on tax legislation optional
optional, not held handle cash flow optional
optional, not held insurance market optional
optional, not held manage corporate bank accounts optional
optional, not held manage currency exchange risk mitigation techniques optional
optional, not held manage securities optional
optional, not held prepare financial statements optional
optional, not held property law optional
optional, not held public offering optional
optional, not held risk transfer optional
optional, not held securities optional
optional, not held stock market optional
optional, not held tax legislation optional
optional, not held trade securities optional

17 held skills the corporate treasurer role does not ask for

Skill Type

not needed by the target role advise on public finance skill
not needed by the target role assess financial viability skill
not needed by the target role budget for financial needs skill
not needed by the target role budgetary principles knowledge
not needed by the target role company policies knowledge
not needed by the target role consider economic criteria in decision making skill
not needed by the target role create annual marketing budget skill
not needed by the target role develop financial statistics reports skill
not needed by the target role explain accounting records skill
not needed by the target role funding methods knowledge
not needed by the target role identify process improvements skill
not needed by the target role inspect government expenditures skill
not needed by the target role public finance knowledge
not needed by the target role revise drafts made by managers skill
not needed by the target role support development of annual budget skill
not needed by the target role synthesise financial information skill
not needed by the target role use office systems skill

14 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 investment analysis required
still to learn treasury management system required
still to learn financial analysis required
still to learn financial forecasting required
still to learn financial statements required
still to learn liquidity management required
optional, not held banking activities optional
optional, not held insurance market optional
optional, not held property law optional
optional, not held public offering optional
optional, not held risk transfer optional
optional, not held securities optional
optional, not held stock market optional
optional, not held tax legislation optional

Index

Other moves recorded from budget analyst

Full index of moves from budget analyst

FAQ

Common questions about this move

Can a budget analyst become a corporate treasurer?

Yes, and it is a substantial move. A budget analyst already covers 22% of what a corporate treasurer is expected to do: 6 skills carry over, 5 of which the corporate treasurer role treats as required.

What skills does a budget analyst need to become a corporate treasurer?

11 required skills are missing, plus 23 optional ones. They fall into 4 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is investment analysis.

How hard is the move from budget analyst to corporate treasurer?

Its learning distance is 74.8 out of 100, which is the substantial 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.