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List of Careers

Treasurers, Controllers, and Chief Financial Officers

Description
Plan, direct, and coordinate the financial activities of an organization at the highest level of management. Includes financial reserve officers.

Experience
Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

Education
A bachelor's degree is the minimum formal education required for these occupations. However, many also require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Training
Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Tasks
  • Coordinates and directs financial planning, budgeting, procurement, and investment activities of organization.
  • Prepares reports or directs preparation of reports summarizing organization's current and forecasted financial position, business activity, and reports required by regulatory agencies.
  • Delegates authority for receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Analyzes past, present, and expected operations.
  • Interprets current policies and practices and plans and implements new operating procedures to improve efficiency and reduce costs.
  • Ensures that institution reserves meet legal requirements.
  • Arranges audits of company accounts.
  • Advises management on economic objectives and policies, investments, and loans for short- and long-range financial plans.
  • Evaluates need for procurement of funds and investment of surplus.
National Average Salary
$75,430.00/year

Average Salary in Maryland
$69,320.00/year

Important Abilities
   1. Written Comprehension
   2. Deductive Reasoning
   3. Oral Comprehension
   4. Mathematical Reasoning
   5. Oral Expression

General Work Activities
   1. Analyzing Data or Information
   2. Getting Information Needed to Do the Job
   3. Making Decisions and Solving Problems
   4. Monitoring and Controlling Resources
   5. Communicating With Other Workers

Important Skills
   1. Management of Financial Resources
   2. Problem Identification
   3. Information Gathering
   4. Judgment and Decision Making
   5. Mathematics

Frequent Work Context
   1. Consequence of Error
   2. Importance of Being Exact or Accurate
   3. Job-Required Social Interaction
   4. Importance of Being Sure All Is Done
   5. Frustrating Circumstances

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MarylandMentor Institutions Offering Related Majors








The majors and institutions listed here are based on the current information in our database. Please be aware this information may be subject to change. We strongly encourage you to consult with your career counselor.




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