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Treasury Associate Jobs in Winfield, IL (NOW HIRING)

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Treasury Associate information

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$30.3K

$56K

$86.9K

How much do treasury associate jobs pay per year?

As of Aug 8, 2026, the average yearly pay for treasury associate in Winfield, IL is $56,009.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,500.00 and $63,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Treasury Associate?

To thrive as a Treasury Associate, you need a solid background in finance or accounting, strong analytical skills, and often a bachelor's degree in a related field. Familiarity with treasury management systems, Excel, and sometimes certifications like CTP (Certified Treasury Professional) are typically required. Attention to detail, effective communication, and strong organizational skills help you excel in managing cash flows and collaborating with internal teams. These skills are crucial for ensuring accurate financial operations, risk management, and effective liquidity control within an organization.

What does a Treasury Associate do?

A Treasury Associate is responsible for supporting an organization’s financial activities related to cash flow, banking, investments, and liquidity management. Their duties often include monitoring daily cash positions, assisting with bank reconciliations, preparing financial reports, and supporting treasury projects. They also help manage relationships with banks, ensure compliance with financial regulations, and may assist with risk management strategies. Treasury Associates typically work closely with other finance professionals to optimize the company’s financial operations and support decision-making processes.

What is the difference between Treasury Associate vs Treasury Analyst?

AspectTreasury AssociateTreasury Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; some roles may prefer certifications like CFA or CPABachelor's degree often required; CFA or CPA preferred; more emphasis on financial analysis certifications
Work EnvironmentCorporate treasury departments, financial institutions, or large corporations; focus on daily cash management and transaction processingFinancial analysis teams within treasury; focus on forecasting, risk assessment, and strategic financial planning
Employer & Industry UsageCommon in banking, corporate finance, and investment firmsTypically found in corporate finance departments and financial institutions

The main difference between a Treasury Associate and a Treasury Analyst lies in their focus and responsibilities. Treasury Associates handle daily cash management and transactional tasks, while Treasury Analysts focus more on financial analysis, forecasting, and strategic planning. Both roles require similar educational backgrounds and certifications, but Analysts usually engage in more complex financial modeling and risk assessment activities.

How much does a treasury associate make?

A treasury associate typically earns between $55,000 and $75,000 annually, depending on experience and company size. Entry-level positions may start lower, while experienced professionals with certifications like CFA or CPA can earn higher salaries. The role often involves financial analysis, cash management, and use of treasury management systems.

What are some common challenges Treasury Associates face when managing cash flow and liquidity?

Treasury Associates often encounter challenges in accurately forecasting cash flow due to fluctuating business operations and market conditions. They must remain vigilant in monitoring daily transactions, reconciling accounts, and ensuring sufficient liquidity to meet short-term obligations. Collaboration with various departments, such as accounting and finance, is essential to gather up-to-date information and address discrepancies quickly. Developing strong analytical skills and attention to detail helps Treasury Associates mitigate risk and support their team's financial stability.
What are the most commonly searched types of Treasury jobs in Winfield, IL? The most popular types of Treasury jobs in Winfield, IL are:
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What job categories do people searching Treasury Associate jobs in Winfield, IL look for? The top searched job categories for Treasury Associate jobs in Winfield, IL are:
What cities near Winfield, IL are hiring for Treasury Associate jobs? Cities near Winfield, IL with the most Treasury Associate job openings:

$90K - $130K/yr

Full-time

Re-posted 27 days ago


Alvarez & Marsal rating

7.2

Company rating: 7.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

54th of 72 rated business consultants


Job description

Description

Alvarez & Marsal Private Equity Performance Improvement

Associate: CFO Services

Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Private Equity Performance Improvement (PEPI) – CFO Services team in various locations throughout the U.S. With more than 3,000 professionals based in 40 locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M’s Private Equity Performance Improvement Services (PEPI) practice, with offices throughout the US, focuses on serving middle market and large cap private equity firms who have engaged A&M to help improve operating results at their portfolio companies.

Our professionals are aligned with a PEPI service line to promote the development of deep functional skills & experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our PEPI services include:

CFO Services (including interim management – CFO, Controller, Treasurer)

Rapid Results

CDD/Strategy

Merger Integration & Carve-outs

IT

Supply Chain

The CFO Services practice is a growing business with excellent opportunities for career advancement and building leadership skills. The CFO Services leadership team is focused on providing career development and training for high performing professionals.

PEPI CFO Services Associate:

Professional Experience

  • Solid understanding of finance and accounting, with a preference for CPA’s
  • Working with team members through a time-sensitive project by structuring a work plan and managing the process through to completion.
  • Developing findings and making strategic recommendations.
  • Strong financial modeling experience and solid understanding of financial statements – development of 13-week cash flows is preferred; experience with Tableau and think-cell software is a plus
  • Treasury / cash management experience a strong plus
  • Systems implementation experience a plus

Professional Skills

  • Synthesizing meaningful insights from data, opinions, or facts
  • Strong written, oral and analytical skills
  • Strong Excel and PowerPoint skills
  • Structured project management (time, team and work-stream’s management)
  • Initiative and drive
  • Critical thinking skills
  • Ability to deliver time-pressured project on-time and on-quality
  • Flexible and creative thinking
  • Client relationship building

Qualifications

  • 4-7+ years of relevant work experience in Management Consulting, Investment Banking, Private Equity, Corporate Strategy or related field (e.g., Treasury, Sourcing, Supply Chain, Corporate Finance, etc.)
  • Bachelor’s degree or higher form of education from accredited 4-year institution
  • Strong expertise with data and analytics tools such as Microsoft Excel, PowerBI, Alteryx, Tableau, etc.
  • Flexibility to travel up to 80% of the time at short/immediate notice

#LI-LS1

The salary range is $90,000-$130,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.


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