Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

corporate treasurertobudget manager

A corporate treasurer already meets 36% of what the budget manager role asks for. The move turns on 17 required skills not yet in the profile.

From corporate treasurer
36%
Overlap1
To budget manager
14 Skills carried over
17 Required, not held
68.9 Difficulty2
Career overlap Distant match

36%

Learning distance Substantial retraining

68.9/ 100

1 Share of the budget manager role’s weighted skill requirement already met by the corporate treasurer profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A budget manager role treats 11 of its required skills as things a corporate treasurer already does. These are the ones it depends on most.

  • advise on financial matters
  • analyse market financial trends
  • create a financial plan
  • evaluate budgets
  • exert expenditure control
  • financial analysis

What stands in the way is 17 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 14 skills that carry over, these are the ones fewest other occupations ask for. A budget manager role needs them, and most people applying for one will not have them already. This is the part of a corporate treasurer 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 prepare financial statements information skills
  • already held financial analysis business, administration and law
  • already held review investment portfolios communication, collaboration and creativity

All 14 carried skills, including the 11 the budget manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 30 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 management skills 7 required, 2 supplementary
  • required, not held support development of annual budget required
  • required, not held control financial resources required
  • required, not held enforce financial policies required
  • required, not held explain accounting records required
  • required, not held integrate strategic foundation in daily performance required
  • required, not held manage staff required
  • required, not held strive for company growth required
  • optional, not held oversee the facilities services budget optional
  • optional, not held plan health and safety procedures optional
02 business, administration and law 6 required, 4 supplementary
  • required, not held accounting department processes required
  • required, not held budgetary principles required
  • required, not held company policies required
  • required, not held corporate social responsibility required
  • required, not held cost management required
  • required, not held financial management required
  • optional, not held accounting techniques optional
  • optional, not held business management principles optional
  • optional, not held funding methods optional
  • optional, not held public finance optional
03 assisting and caring 2 required
  • required, not held follow company standards required
  • required, not held follow the statutory obligations required
04 information skills 1 required, 5 supplementary
  • required, not held monitor financial accounts required
  • optional, not held create a financial report optional
  • optional, not held monitor charity's budget optional
  • optional, not held assess financial viability optional
  • optional, not held estimate profitability optional
  • optional, not held inspect government expenditures optional
05 communication, collaboration and creativity 1 required, 1 supplementary
  • required, not held liaise with managers required
  • optional, not held advise on public finance optional
06 natural sciences, mathematics and statistics 1 supplementary
  • optional, not held statistics optional
Table 4

Table 4 · Where to start

The 3 entries a budget manager 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 14 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse market financial trends skill
  • already held create a financial plan skill
  • already held evaluate budgets skill
  • already held exert expenditure control skill
  • already held financial analysis knowledge
  • already held financial department processes knowledge
  • already held financial forecasting knowledge
  • already held financial statements knowledge
  • already held interpret financial statements skill
  • already held manage budgets skill
  • already held analyse financial performance of a company skill
  • already held prepare financial statements skill
  • already held review investment portfolios skill
13 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held create a financial report optional
  • optional, not held monitor charity's budget optional
  • optional, not held accounting techniques optional
  • optional, not held advise on public finance optional
  • optional, not held assess financial viability optional
  • optional, not held business management principles optional
  • optional, not held estimate profitability optional
  • optional, not held funding methods optional
  • optional, not held inspect government expenditures optional
  • optional, not held oversee the facilities services budget optional
  • optional, not held plan health and safety procedures optional
  • optional, not held public finance optional
  • optional, not held statistics optional
26 held skills the budget manager role does not ask for
Skill Type
  • not needed by the target role advise on credit rating skill
  • not needed by the target role advise on tax planning skill
  • not needed by the target role analyse financial risk skill
  • not needed by the target role banking activities knowledge
  • not needed by the target role convert currency skill
  • not needed by the target role create risk reports skill
  • not needed by the target role develop revenue generation strategies skill
  • not needed by the target role disseminate information on tax legislation skill
  • not needed by the target role handle cash flow skill
  • not needed by the target role identify if a company is a going concern skill
  • not needed by the target role insurance market knowledge
  • not needed by the target role investment analysis knowledge
  • not needed by the target role liquidity management knowledge
  • not needed by the target role manage corporate bank accounts skill
  • not needed by the target role manage currency exchange risk mitigation techniques skill
  • not needed by the target role manage securities skill
  • not needed by the target role perform currency reserve management skill
  • not needed by the target role plan medium to long term objectives skill
  • not needed by the target role property law knowledge
  • not needed by the target role public offering knowledge
  • not needed by the target role risk transfer knowledge
  • not needed by the target role securities knowledge
  • not needed by the target role stock market knowledge
  • not needed by the target role tax legislation knowledge
  • not needed by the target role trade securities skill
  • not needed by the target role treasury management system knowledge
11 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 acquire Tier
  • required, not held accounting department processes required
  • required, not held budgetary principles required
  • required, not held company policies required
  • required, not held corporate social responsibility required
  • required, not held cost management required
  • required, not held financial management required
  • optional, not held accounting techniques optional
  • optional, not held business management principles optional
  • optional, not held funding methods optional
  • optional, not held public finance optional
  • optional, not held statistics optional
Index

Other moves recorded from corporate treasurer

Full index of moves from corporate treasurer

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.