What Does a Treasury Team Actually Own?
A practical breakdown of treasury ownership boundaries and handoffs with finance.
When people first join treasury, they often see overlapping responsibilities with finance, accounting, and tax. The practical way to think about treasury is ownership of cash, liquidity, and banking execution.
In day-to-day work, treasury usually owns:
- Bank account structure and governance
- Payment controls and signer setup
- Short-term liquidity forecasting
- Cash concentration and funding movement
- Banking partner operations
Treasury may support, but not fully own:
- Financial reporting close
- Legal entity tax decisions
- Management accounting
A strong operating model starts with clear handoffs. If a process touches cash movement, treasury should be in the decision path early.