financial auditortocorporate treasurer
A financial auditor already meets 39% of what the corporate treasurer role asks for. The move turns on 9 required skills not yet in the profile.
39%
61.3/ 100
1 Share of the corporate treasurer role’s weighted skill requirement already met by the financial auditor 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 this move works
A corporate treasurer role treats 7 of its required skills as things a financial auditor already does. These are the ones it depends on most.
- analyse financial performance of a company
- analyse financial risk
- evaluate budgets
- financial analysis
- financial department processes
- financial statements
What stands in the way is 9 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 14 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 financial auditor background worth leading with.
- already held identify if a company is a going concern information skills
- already held advise on credit rating communication, collaboration and creativity
- 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 14 carried skills, including the 7 the corporate treasurer role treats as required.
Table 3 · What you would need to learn
The 26 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.
- required, not held investment analysis required
- required, not held treasury management system required
- required, not held financial forecasting required
- required, not held liquidity management required
- 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
- required, not held create a financial plan required
- required, not held manage budgets required
- required, not held 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 exert expenditure control optional
- optional, not held handle cash flow optional
- optional, not held manage corporate bank accounts optional
- optional, not held manage securities optional
- required, not held analyse market financial trends required
- optional, not held create risk reports optional
- optional, not held manage currency exchange risk mitigation techniques optional
- optional, not held prepare financial statements optional
- required, not held review investment portfolios required
- optional, not held trade securities optional
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.
- 01 investment analysis knowledge · sector specific
- 02 treasury management system knowledge · sector specific
- 03 analyse market financial trends skill · cross sector
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 14 skills that carry over
- already held analyse financial performance of a company skill
- already held analyse financial risk skill
- already held evaluate budgets skill
- already held financial analysis knowledge
- already held financial department processes knowledge
- already held financial statements knowledge
- already held interpret financial statements skill
- already held advise on credit rating skill
- already held advise on financial matters skill
- already held advise on tax planning skill
- already held banking activities knowledge
- already held disseminate information on tax legislation skill
- already held identify if a company is a going concern skill
- already held tax legislation knowledge
17 supplementary skills, helpful but not 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 create risk reports optional
- optional, not held exert expenditure control 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 trade securities optional
46 held skills the corporate treasurer role does not ask for
- not needed by the target role accounting knowledge
- not needed by the target role accounting department processes knowledge
- not needed by the target role accounting entries knowledge
- not needed by the target role accounting techniques knowledge
- not needed by the target role arrange audit skill
- not needed by the target role check accounting records skill
- not needed by the target role commercial law knowledge
- not needed by the target role communicate with banking professionals skill
- not needed by the target role conduct financial audits skill
- not needed by the target role control financial resources skill
- not needed by the target role core banking software knowledge
- not needed by the target role corporate law knowledge
- not needed by the target role develop audit plan skill
- not needed by the target role develop financial statistics reports skill
- not needed by the target role economics knowledge
- not needed by the target role ensure compliance with accounting conventions skill
- not needed by the target role ensure compliance with disclosure criteria of accounting information skill
- not needed by the target role financial jurisdiction knowledge
- not needed by the target role financial management knowledge
- not needed by the target role financial products knowledge
- not needed by the target role follow the statutory obligations skill
- not needed by the target role fraud detection knowledge
- not needed by the target role identify accounting errors skill
- not needed by the target role insolvency law knowledge
- not needed by the target role inspect tax returns skill
- not needed by the target role internal auditing knowledge
- not needed by the target role international financial reporting standards knowledge
- not needed by the target role international tariffs knowledge
- not needed by the target role joint ventures knowledge
- not needed by the target role liaise with shareholders skill
- not needed by the target role maintain financial records skill
- not needed by the target role maintain records of financial transactions skill
- not needed by the target role maintain trusts skill
- not needed by the target role make strategic business decisions skill
- not needed by the target role mergers and acquisitions knowledge
- not needed by the target role monitor banking activities skill
- not needed by the target role national generally accepted accounting principles knowledge
- not needed by the target role observe confidentiality skill
- not needed by the target role obtain financial information skill
- not needed by the target role pose questions referring to documents skill
6 further entries not listed here
10 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held investment analysis required
- required, not held treasury management system required
- required, not held financial forecasting required
- required, not held liquidity management required
- 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
Other moves recorded from financial auditor
- audit supervisor 61% covered · moderate
- financial fraud examiner 57% covered · moderate
- accounting analyst 54% covered · moderate
- bank treasurer 54% covered · moderate
- financial controller 53% covered · moderate
- accounting manager 46% covered · substantial
- accountant 46% covered · substantial
- bookkeeper 41% covered · substantial
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.