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

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 68.9

This move: 68.9 of 100 · substantial

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.

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.