UK

United Kingdom · Finance · Mid-Level (2-5 years)

Treasury Assistant

Here is the whole job, in plain words. What it is, what you decide, how you're judged, how people get here and where they go next. Then the part no course gives you: twelve AI tutors who learn your work.

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  • Experience bandMid-Level (2-5 years)
  • Direct reportsNo direct reports
  • Reports toTreasury Manager
  • UK framework levelUsually a coordinator, or early in a professional job

Also advertised as Treasury Analyst · Junior Cash Management Specialist · Finance Operations Analyst

Built on 43,079 real UK job descriptions we analysed · grounded in what real qualifications cover

Two short quizzes about you

1From this job to a course

The qualifications matched to this job

iCQ Level 2 Certificate in Providing Financial Services (RQF) iCan Qualifications Limited · Level 2 · covers 1 of 3 standards
City & Guilds Level 2 Certificate In Providing Financial Services City & Guilds Limited · Level 2 · covers 1 of 3 standards

Matched from the standards this job is measured against: a suggestion, not an official ruling.

The units you would start with

Operating a multi-currency till iCQ Level 2 Certificate in Providing Financial Services (RQF)

The future skills this job leans on

Data Fluency turning numbers into a decision
Automation Fluency building AI into how work runs

2AI and this work

Will AI change your work as a Treasury Assistant?

Nobody can say exactly how. Here is what this job is being asked for next, and where to start.

The new skills this role is being asked for

  • Basic Automation & Scripting (e.g., VBA, Power Query)
  • Enhanced Data Visualisation & Storytelling
Why each one is rising

The future skills this job leans on

We'll only ever tell you what we can actually back up. No hype, no scare tactics.

What happens when you start

Next, a free account. We build your Treasury Assistant plan as you set up, starting with the free Automation Fluency module. No card.

Your first Future Fluency module is free. After that, your AI tutor is £70 a month.

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Keep this read. One email with what AI is changing in this job, the new skills it asks for and where to start free. Nothing else follows unless you confirm your address.

3What this role really is

A treasury assistant makes sure a company has the right cash, in the right place, at the right time. The work includes tracking the daily cash position, checking the numbers add up, and making sure payments go out without a hitch. It keeps the financial side of a business running smoothly, day in, day out.

4What you'd actually use

The tools this job runs on, and how well you'd need to know each one.

Microsoft Excel Intermediate

Building and maintaining the daily cash position spreadsheet, performing reconciliations, and creating simple financial models. You'll use VLOOKUPs, pivot tables, and SUMIFs like it's second nature.

Treasury Management System (TMS) - Kyriba / GTreasury Intermediate

Daily data entry, pulling pre-configured reports for cash balances and payments, executing routine payments, and managing basic static data like bank accounts. You'll be comfortable navigating its core modules.

ERP System - SAP S/4HANA (Cash Mgmt) / Oracle NetSuite Basic

Navigating treasury-related modules to find payment data, pulling standard reports, and understanding how treasury transactions interact with the general ledger. You don't need to be an expert, but you should know your way around.

Bank Portals - J.P. Morgan Access / CitiDirect BE / Bank of America CashPro Intermediate

Daily balance reporting, initiating wire/ACH templates, downloading statements (MT940s), and troubleshooting minor payment issues directly with the bank. You'll be in these portals every day.

Market Data - Refinitiv Eikon / Bloomberg Terminal Basic

Looking up current FX spot rates and interest rates, and following basic market news that might impact our cash. You won't be trading, but you'll know where to find the numbers.

5What you get to decide, and how that grows

Power in a job isn't your title. It's what you're allowed to decide. Here's how it grows as you move up.

The choiceComing in Where you are nowThe step above
Daily Cash Position Reporting Prepares under direct supervision, all numbers reviewed before distribution. Independently prepares and distributes by deadline; flags significant variances for manager review. Oversees preparation, performs high-level review, and provides strategic commentary on trends.
Payment Authorisation Prepares payment instructions for review; no individual authorisation. Initiates routine payments up to £50,000; larger payments require Treasury Manager sign-off. Authorises payments up to £250,000; oversees payment processing controls and escalations.
Bank Account Reconciliation Discrepancies Identifies discrepancies and escalates to supervisor for investigation. Investigates and resolves routine discrepancies; escalates complex or material issues. Defines reconciliation procedures, approves resolution for material discrepancies, and drives systemic fixes.
Bank Operational Issue Resolution Reports issues to supervisor; assists with gathering information. Directly engages with bank contacts to resolve routine issues (e.g., statement delivery, payment trace). Manages complex bank operational issues, negotiates service improvements, and evaluates bank performance.

6How you'll be judged

The scoreboard, and what is not on it. The hard targets, how often each is actually looked at, and the quiet signals that never reach a dashboard.

Payment Processing Accuracy
The percentage of payments processed without any errors (e.g., incorrect amount, wrong beneficiary, missed cut-off time).
Target · < 0.1% error rate (less than one error per 1,000 payments)

Out of 500 payments processed in a month, you had zero errors. That's a 100% accuracy rate, which is what we're aiming for.

Daily Cash Position Timeliness
The proportion of daily cash position reports completed and distributed by the 9:30 AM deadline.
Target · 100% completion by 9:30 AM, every working day

You consistently get the cash position out by 9:15 AM, giving everyone time to review it before their morning meetings. That's spot on.

Bank Statement Reconciliation Efficiency
The time taken to reconcile bank statements, particularly for accounts with high transaction volumes or manual processing needs.
Target · Reduce average reconciliation time by 15% for manual accounts

You found a way to streamline the reconciliation for a tricky international bank account, cutting the time from 2 hours to 1.5 hours per week. That's real time saved.

Forecast Variance Analysis
The accuracy of identifying and explaining variances between actual cash flows and the short-term cash forecast.
Target · Explain 90% of variances greater than £10K within 24 hours

Last week, actual cash came in £25K lower than forecast. You quickly identified it was due to a large customer payment being delayed by a day and communicated it. That's exactly what we need.

Proactive Problem Solving
Your ability to spot potential issues (e.g., a payment not going through, a system glitch) and address them before they become bigger problems.
  • You flag an unusual bank fee before it hits the P&L, or you notice a recurring issue with a payment template and suggest a fix. You don't wait to be told
  • you just get on with it and keep people in the loop.
Clear and Concise Communication
How well you communicate complex financial information or operational issues to non-treasury colleagues, especially when things go wrong.
  • When a payment is delayed, you send a clear email to the relevant business unit explaining why, what's being done, and when they can expect it. No jargon, just the facts. People actually understand what you're saying.
Adherence to Controls and Policies
Your consistent application of internal treasury policies and controls, ensuring we operate within our risk framework.
  • You always follow the dual authorisation process for payments, even when it's late and everyone's pushing. You question anything that looks like it might bypass a control. This shows you get that rules are there for a reason, not just to annoy you.
Process Improvement Contributions
Your willingness to look for ways to make our daily treasury operations more efficient, accurate, or less painful.
  • You suggest a small change to our Excel template that saves 10 minutes a day, or you identify a manual task that could be automated. You're not just doing the job
  • you're thinking about how to do it better.

7Would you like it

Both sides. What people enjoy, and what grinds them down.

What people enjoy
Operational Excellence

You get a real kick out of seeing a perfectly balanced reconciliation or a complex payment processed without a hitch. You enjoy the satisfaction of a job done precisely and accurately.

Spending an hour tracking down a tiny discrepancy and finally finding the root cause brings you a quiet sense of victory.

Impact and Responsibility

You appreciate knowing that your daily accuracy directly contributes to the company's financial health. You like the feeling of being responsible for something critical and delivering on it.

Knowing that the CFO relies on your daily cash position report to make investment decisions is a motivator for you.

Problem Solving (within parameters)

While you love routine, you also enjoy the challenge of troubleshooting a payment issue or figuring out why a bank statement isn't reconciling. It's about solving puzzles within a structured environment.

When a bank portal suddenly changes its interface, you're the first to figure out the new workflow and update the team.

What frustrates people
  • The 'Forecast Chase': Spending Monday morning trying to get cash forecasts from 15 different business units, only for them to arrive late and in inconsistent formats.
  • Bank Portal Blackouts: Your primary bank's online portal deciding to go down for 'unscheduled maintenance' right before the wire cut-off time, causing a frantic scramble.
  • KYC Hell: A single bank asking for the same corporate governance documents for the fifth time this year because a different department within the bank initiated a 'KYC refresh'. It's never-ending.
  • Explaining Bank Fees: Trying to explain to a business manager why their department was charged a £50 fee for an international wire transfer and why it can't be avoided or reversed.
What this role does not give you
  • High-level strategic decision-making (that comes later, if you progress).
  • Constant variety and unpredictable daily tasks (there's a lot of routine here).
  • A quiet, uninterrupted work environment (urgent requests happen, systems go down).

8Who you work with

Your daily work directly impacts the company's liquidity and operational efficiency. Get the cash position wrong, and we might miss a payment or make a bad investment decision. Get it right, and you're providing the bedrock for sound financial management across the entire organisation. You're essentially the gatekeeper of our cash, which, let's be honest, is pretty important.

Inside the business
  • Treasury Manager and Head of Treasury
  • Accounts Payable and Accounts Receivable teams
  • Financial Planning & Analysis (FP&A)
  • General Ledger accounting team
Outside the business
  • Primary banking partners (e.g., J.P. Morgan, Citi, Bank of America)
  • External auditors (for controls checks)
  • Payment system providers

9What you need before you start

Not a wish list. The things you would be expected to already have.

  • At least 2 years of hands-on experience in a finance or treasury operations role, ideally within a corporate environment.
  • Demonstrable experience with daily cash management tasks, including bank reconciliations and payment processing.
  • Proven ability to work accurately with large datasets and financial figures, spotting errors and inconsistencies.
  • Experience using at least one major ERP system (e.g., SAP, Oracle) and/or a Treasury Management System.
  • A solid understanding of basic accounting principles related to cash and bank transactions.

10What to practise next

Where the job is going, and what to do about it starting this week.

Advanced TMS Functionality

Critical within 12 months. You'll need to move beyond just pulling standard reports. Understanding how to build custom dashboards, manage more complex static data, and even troubleshoot minor system issues will become part of your remit.

Custom Report Building · Static Data Management · Basic System Administration

  • This month: Spend time exploring the 'custom reports' section of our TMS. What options are there?
  • Next quarter: Ask your manager for a task to update some static data or build a simple custom report.
  • Within 6 months: Shadow a more senior colleague when they're troubleshooting a TMS issue or setting up a new feature.
  • Within 9 months: Take any vendor-provided training on advanced TMS functionality.

Quick win: Identify one report you currently build manually in Excel that could be built directly in the TMS. Try it out.

Enhanced Spreadsheet Modelling

Important within 6-12 months. While we want to automate, Excel isn't going anywhere. You'll need to build more robust and flexible models, moving beyond simple calculations to more dynamic forecasting and scenario analysis.

Scenario Analysis · Data Validation & Error Checking · Named Ranges & Structured References · Index/Match vs. VLOOKUP

  • This month: Start using named ranges and structured references in your daily cash position spreadsheet.
  • Next quarter: Build a simple 'what-if' scenario into one of your existing cash flow models.
  • Within 6 months: Take an advanced Excel modelling course, focusing on financial modelling best practices.
  • Within 9 months: Look for opportunities to simplify complex formulas or improve the auditability of your spreadsheets.

Quick win: Implement basic data validation rules in your input cells to prevent common errors like incorrect dates or text entries.

11Staying current once you are in

What people here do to keep up
  • Join the Association of Corporate Treasurers (ACT) as a student member to access resources and networking events.
  • Attend webinars or online courses on specific treasury topics like cash forecasting or payment systems.
  • Read industry publications (e.g., Treasury Today, The Treasurer magazine) to stay up-to-date with market trends.
  • Seek out opportunities to shadow more senior colleagues on different treasury tasks to broaden your exposure.

12The rising capability

The rising capability

Zavmo analysis

What's rising in its place

This is where the work is heading, and the higher pay with it. Get fluent here and the shift stops being a threat and starts being your edge.

Basic Automation & Scripting (e.g., VBA, Power Query)

Critical within 12 months. Honestly, manual data handling is a time sink. The more you can automate repetitive tasks, the more time you'll have for interesting analysis. Competitors are already using simple scripts to speed up their daily processes, and we need to keep pace.

  • VBA Macros
  • Power Query
  • Robotic Process Automation (RPA) concepts
  • Data Connectors

Enhanced Data Visualisation & Storytelling

Important within 12-18 months. Just presenting numbers isn't enough anymore. You need to tell a clear story with your data, especially when explaining cash flow variances or trends to non-finance people. Tools like Power BI or Tableau are becoming standard.

  • Dashboard Design Principles
  • Visual Best Practices
  • Data Storytelling
  • Interactive Reporting

13What you’ll use

What you’ll use

Skills this role draws on

Technical

  • Cash Positioning & Forecasting
  • Treasury Operations & Controls
  • Bank Relationship Management (Operational)
  • Liquidity Management (Basic)

14The pathway

The pathway

How you actually get there, here

How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.

  1. 1

    Junior Treasury Assistant / Finance Administrator

    1-2 years

    Skills to master

    • Daily data entry, basic reconciliations, understanding payment processes, following instructions precisely, learning internal systems.

    You're ready to move on when

    • Consistently accurate in data entry and basic tasks.
    • Can complete routine tasks independently without constant supervision.
    • Demonstrates a keen interest in understanding the 'why' behind treasury operations.
    • Proactively identifies and flags minor issues before they become problems.
  2. 2

    Accounts Payable / Accounts Receivable Specialist

    2-3 years

    Skills to master

    • Understanding payment cycles, managing supplier/customer relationships, invoice processing, basic cash application, reconciling sub-ledgers to the general ledger.

    You're ready to move on when

    • Strong understanding of the end-to-end payment/receipt process.
    • Excellent attention to detail in financial transactions.
    • Can troubleshoot payment issues and communicate effectively with banks/vendors.
    • Shows initiative in improving payment processes or data accuracy.
  3. 3

    Recent Graduate with Relevant Internship

    0-1 year (post-internship)

    Skills to master

    • Applying academic knowledge to real-world finance problems, understanding corporate culture, basic data analysis, strong foundational knowledge of accounting/finance.

    You're ready to move on when

    • Completed a relevant internship in a finance or treasury department.
    • Demonstrates strong analytical and problem-solving skills from academic projects.
    • Eager to learn and apply theoretical knowledge in a practical, operational setting.
    • Picks up new systems and processes quickly.

15Where this role leads

The long view: This work can lead to managing a treasury function, then to directing treasury strategy, or on to a senior advisory role such as assistant treasurer.

16Pay and demand

Pay & demand

Typical pay £28,996 a year Source: ONS Annual Survey of Hours and Earnings, 2025 (provisional), under the Open Government Licence v3.0

The figure is the median for full-time employees in the ONS occupation this job title codes to (Financial administrative occupations n.e.c.), from the April 2025 survey, about six months old when published, as ASHE always is. It is that occupation's middle, not this role's. Half earn more.

The ten Future Fluencies

Zavmo analysis

The credential is what you can do today. These are what keep you valuable.

A qualification proves you can do the job as it's defined today. These ten are what decide whether you're still the obvious person for it in five years. They're the capabilities employers are now writing into senior roles faster than people are learning them. Zavmo weaves them through whatever you study, so you come out with both: the credential and the fluency.

The highlighted ones are the Fluencies your role leans on hardest, from how Treasury Assistant is actually changing.

Where it leads

Roles this leads to

How you would learn this

One to one, on the work you already do

A tutor sets the task against your own job and marks the reasoning, at your pace. There is no cohort to fall behind.

A lesson from Operating a multi-currency till, worked against Treasury Assistant.

Operating a multi-currency till Level 2

Applied to your work in Treasury Assistant

This unit aims to enable learners to operate a multi-currency till effectively and securely. Learners will be able to set up, operate, and shut down the till correctly, applying appropriate security measures and complying with relevant codes, laws, and regulatory requirements.

How the thinking builds
  1. 1 Remember
  2. 2 Understand
  3. 3 Apply
  4. 4 Analyse
  5. 5 Evaluate
  6. 6 Create
An illustration of a Zavmo lesson, built from this role’s own route. The unit, its objective and every criterion above are the awarding body’s own words, not an example.

It is £70 a month, billed monthly. Your free first module is Future Fluency, and you can cancel any time.

See Your Progress Grow Illustration
Treasury Assistant
  • Cash Positioning & Forecasting
  • Treasury Operations & Controls
  • Bank Relationship Management (Operational)
  • Liquidity Management (Basic)
This is your Mind Palace on learn.zavmo.ai. Every skill above comes from this role's own record, not an example borrowed from another job. A node lights up when you evidence it, and what you build stays yours between jobs. That is the part a course cannot do.

17The detail, folded away

Everything else the record holds

The career branches in full, how AI is already showing up in the day-to-day, and the questions people ask about this job. Here when you want them, out of the way while you decide.

Where it leads next, rung by rung

Where it leads

The career path, and where it branches

Treasury Assistant is a start, not a ceiling. Each step below asks for new skills and hands back more autonomy.

  1. Senior Treasury Assistant (L3)

    3-5 years in current role

    You'll move from owning routine tasks to leading specific workstreams and mentoring junior colleagues. The complexity of problems you solve will increase, and you'll have more autonomy.

    • FX & Interest Rate Risk Management (Basic) Identifying and quantifying exposure to currency and interest rate fluctuations.
    • Short-Term Investment Analysis Evaluating options for investing excess cash (e.g., money market funds) and monitoring performance.
    • Advanced TMS Functionality Becoming a super-user of the TMS, building custom reports, and managing more complex static data.
    • Process Optimisation Actively designing and implementing improvements to existing treasury processes.
Working with AI on the job

Working with AI

Where AI is starting to help

Let's be real, parts of treasury work can be a bit repetitive, even tedious. But what if you could offload some of that grunt work to an AI assistant? We're not talking about replacing you; we're talking about giving you superpowers. Imagine spending less time on manual data entry and more time on analysis and problem-solving.

At Zavmo, we're actively exploring and implementing AI tools to make our Finance team more efficient. For a Treasury Assistant, this means turning those hours spent on mundane tasks into minutes, freeing you up to tackle more interesting challenges and actually get home on time. Here’s a glimpse of how AI could change your day-to-day:

Automated Cash Positioning

Picture this: AI-powered tools that automatically pull data from all your bank portals and even those pesky unstructured PDF statements. It classifies and formats everything, populating your daily cash position worksheet in minutes. No more manual scraping or re-keying. It's a game-changer for getting that 9:30 AM report out.

Predictive Cash Forecasting

Instead of just relying on historical data, AI models can analyse past cash flows, spot seasonal patterns, and even factor in external economic indicators. This helps generate a much more accurate, dynamic 13-week cash forecast, highlighting potential shortfalls or surpluses much sooner than you could manually. It's like having a crystal ball for your cash.

Smart Bank Communications

Ever dread drafting those routine emails for bank documentation requests or responses to KYC inquiries? Generative AI can draft these for you, ensuring a consistent, professional tone and freeing up your time for more complex interactions. It's like having a personal comms assistant.

Bank Fee Analysis

AI can quickly analyse complex bank statements to identify and categorise all your bank fees, flagging any unusual charges or potential savings opportunities. Instead of poring over pages of transactions, you'll get a concise summary, helping you challenge fees or negotiate better rates with your banks.

Common questions

Common questions

How do you become a Treasury Assistant?

Common routes in include Junior Treasury Assistant / Finance Administrator (1-2 years), Accounts Payable / Accounts Receivable Specialist (2-3 years) and Recent Graduate with Relevant Internship (0-1 year (post-internship)). Times vary with prior experience.

Where can a Treasury Assistant progress to?

This role can lead on to Senior Treasury Assistant (3-5 years in current role), depending on the skills you build.

What new skills matter most for a Treasury Assistant?

Increasingly, Basic Automation & Scripting (e.g., VBA, Power Query) and Enhanced Data Visualisation & Storytelling. These are the skills our record of this role lists as growing.

Free tools

Want a read on where you stand?

Three free tools, no account needed. Each one ends with a role, a level and a way in.

Read the Zavmo manifesto to understand how you will be taught Meet your tutors

Or try another one

18Where to go from here

Other roles at Level 3

Same depth of qualification, different job. Useful if the work appeals but this particular role does not.

 More jobs in finance

Stay in the field you know and move sideways rather than up.
If you leave this industry

The skills learned here carry across finance. They can lead to broader roles such as FP&A or financial control, or to specialising further in treasury at larger corporations, banks or asset managers. Understanding cash flow and financial operations is always useful.

This role profile is © 2026 Growth Engineering Technologies Ltd. Built from UK occupational standards and regulated qualification data, and written for Zavmo.

You're not behind. You're right on time. The shift is only just beginning. Your role won't look the same in two years. Be the one who leads the change, not the one it happens to. Start my free Automation Fluency module What happens next: a free account, then we build your plan as you set up. No card. Build your plan, see your roadmap and meet the twelve tutors matched to you. All free. When you're ready to start learning, it's £70 a month, billed monthly. Cancel any time and billing stops.