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

corporate treasurertocost analyst

A corporate treasurer already meets 36% of what the cost analyst role asks for. The move turns on 9 required skills not yet in the profile.

From corporate treasurer
36%
Overlap1
To cost analyst
13 Skills carried over
9 Required, not held
61.5 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 61.5

This move: 61.5 of 100 · substantial

1 Share of the cost analyst 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 13 skills that carry over, these are the ones fewest other occupations ask for. A cost analyst 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 liquidity management business, administration and law
  • already held advise on tax planning communication, collaboration and creativity
  • already held evaluate budgets management skills
  • already held disseminate information on tax legislation communication, collaboration and creativity
  • already held financial department processes business, administration and law

All 13 carried skills, including the 4 the cost analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 20 missing skills fall into 4 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 information skills 5 required, 5 supplementary
  • required, not held assess financial viability required
  • required, not held control of expenses required
  • required, not held prepare cost-plus pricing models required
  • required, not held provide cost benefit analysis reports required
  • required, not held synthesise financial information required
  • optional, not held create a financial report optional
  • optional, not held analyse transportation costs optional
  • optional, not held calculate production costs optional
  • optional, not held execute analytical mathematical calculations optional
  • optional, not held manage payroll reports optional
02 management skills 2 required, 5 supplementary
  • required, not held identify process improvements required
  • required, not held perform cost accounting activities required
  • optional, not held manage inventory optional
  • optional, not held support development of annual budget optional
  • optional, not held carry out tendering optional
  • optional, not held enforce financial policies optional
  • optional, not held explain accounting records optional
03 business, administration and law 2 required
  • required, not held company policies required
  • required, not held cost management required
04 communication, collaboration and creativity 1 supplementary
  • optional, not held negotiate supplier arrangements optional
Table 4

Table 4 · Where to start

The 3 entries a cost analyst 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 13 skills that carry over
Skill Type
  • already held evaluate budgets skill
  • already held financial department processes knowledge
  • already held interpret financial statements skill
  • already held liquidity management knowledge
  • already held advise on tax planning skill
  • already held analyse financial performance of a company skill
  • already held analyse financial risk skill
  • already held create a financial plan skill
  • already held disseminate information on tax legislation skill
  • already held exert expenditure control skill
  • already held financial forecasting knowledge
  • already held manage budgets skill
  • already held prepare financial statements skill
11 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held create a financial report optional
  • optional, not held manage inventory optional
  • optional, not held support development of annual budget optional
  • optional, not held analyse transportation costs optional
  • optional, not held calculate production costs optional
  • optional, not held carry out tendering optional
  • optional, not held enforce financial policies optional
  • optional, not held execute analytical mathematical calculations optional
  • optional, not held explain accounting records optional
  • optional, not held manage payroll reports optional
  • optional, not held negotiate supplier arrangements optional
27 held skills the cost analyst 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 financial matters skill
  • not needed by the target role analyse market financial trends 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 financial analysis knowledge
  • not needed by the target role financial statements knowledge
  • 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 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 review investment portfolios skill
  • 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
2 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 company policies required
  • required, not held cost management required
Index
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.