What is the role of a treasurer in a corporation?

• A. Manage marketing and sales
• B. Prepare financial statements
• C. Manage liquidity, funding, risk management, capital structure, and relationships with lenders/investors.
• D. Develop product lines

Answer: (C)

The treasurer’s main job is to keep the company financially healthy by managing liquidity, funding, risk, and how the business is financed. They ensure there’s enough cash to meet obligations and plan for future needs, arranging the funding the company requires to operate and grow. They decide on the mix of debt and equity to optimize cost and risk, and they oversee risk management activities like interest rate and currency risk to protect the company’s finances. Building and maintaining strong relationships with lenders, banks, investors, and rating agencies is also a key part, helping the firm secure favorable terms and financing options. This combination—managing cash flow and liquidity, securing funding, handling risk, shaping the capital structure, and maintaining lender/investor relationships—best captures the treasurer’s role. Marketing, sales, or product development sit outside these treasury duties, and financial statements are typically prepared by accounting, though treasury uses those numbers in planning and decision-making.