Treasury Analyst Career Guide and Counseling

Question: What is Treasury Analyst yearly salary in Calgary Alberta. Thank you?

Answer: This site lists information on different occupations. It includes things as education required and salaries. http://www.alis.gov.ab.ca/occinfo/Content/RequestAction.asp?format=html&aspAction=GetHomePage&Page=Home

Question: Economics majors (or anyone knowledgable in the area) can you please tell me what a treasury analyst does?

Answer: Treasury Analysts monitor, analyze and optimize financial resources. Related tasks can include the reconciliation of all bank accounts and daily closing of account balances, forecasting cash needs, identifying available cash surpluses and assessing investment options. Other tasks may include developing strategies to maximize interest earnings, assessing borrowing decisions including the timing, structure and term of debt, and implementing policies and strategies to prevent financial loss due to default of creditors. In a corporate environment, Treasury Analysts consult with management and shareholders and provide scheduled financial reports. Treasury Analysts are analytical thinkers, who excel at working with numbers and summarizing data, and have good written and oral communication skills.

Question: Is billing Analyst a good job title? Is it? Is it almost as good as Financial analyst or treasury analyst? It is for an international consulting firm.

Answer: It is a job title which is in vogue and MNC's already have this position. In fact, i have come across innumerous advertisements seeking candidates for this post. Recently, such a job title is announced in the web site http://www.cwjobs.co.uk/JobSearch/JobDetails.aspx?JobId=36710526

Question: Certified Treasury Professional vs. Chartered Financial Analyst? I am currently a first-semester senior in college, majoring in finance. This semester, I am taking both an investments class and a cash management class (as well as a corporate finance class). So far, I think, out of the three, I am most interested in Investments and Cash Management. (Coincidentally, I have the same professor for both of them.) Over this past week or so, this professor has spoken highly of both the CTP and the CFA. At the moment, I'm trying to decide which I want - or both? What I've seen so far about them is this: CTP: I can get it sooner. It's cheaper. And it appears to be easier. And, from my research on it, I've seen it could lead (after many years of experience) to a CFO position. CFA: It's EXPENSIVE. And it's not as easy. (This could be seen as a good thing, right?) To me, it seems more impressive. (Is this true?) Also, it takes longer to get it. So, could someone further detail the pros and cons and help me decide which is best for me? What are the jobs like? What is pay like over the years? What if I try to get both? What college subjects does each focus on (accounting, investments...?) What are the hours like? How could I use them together? What challenges would I face climbing each career ladder? How does being female influence each career path? Any other info you think might help is good too.

Answer: To address your question *How could I use them together? I would say you could get both credentials and use them to your advantage because realistically, how many people are going to do that? Especially when alot of people never even heard of the CTP, you'll have a clear edge and unique angle. Go for the easier one first so you'll have one under your belt in a good timeframe. *What challenges would I face climbing each career ladder? The only thing I could imagine is possibly a handful of people might view you as overqualified and lock you out of jobs you might genuinely enjoy and find satisfying - but that could also be a bit of old fashioned jealousy so do be aware.

Question: Analyst predict at LEAST 150 bank failures within the next six months, should we thank the Conservatives? Analyst also predict the issue is COMPLETE lack of regulation from the FED and the Treasury Department. Sigh, you guys are clueless the analysis came from the FDIC, not someone trying to make a buck off the media.

Answer: Banks are always on the edge of going under. My money isn't in the bank, technically it's being loaned out to someone else. You can blame whomever you like but the truth is the banks are to blame. They're the ones that gave crappy loans to gullible rejects with little income. The banks knew those people didn't have the down payment and would be in over their heads.

Question: How much will I make in 2-3 years? I just got 2 job offers with good companies. One as a financial assistant and one as a treasury analyst. THey both will pay me 40K. My question is which job should I choose and why and how much will I be potentially making in about 2 years time with 2 years of experience with me? Should I stay in this company or look for another job later on?

Answer: Both are good job offers and Im assuming you know something about both companies to know that they will be around for a while. What you make in 2-3 years is up to you, how much dedication you put in it and possible promotions you want will depend on which job you take.

Question: does the federal government require drug testing? I know that positions that deal with highly sensitive information do require drug testings. FBI specially asks you questions before you even see their job listings. FAA and a few others require as well. However, I've been applying to jobs that are more research/analyst positions for SEC, Treasury dept, etc., and I was wondering if the these would require such testings as well? Also, if the job posting does not specify a drug test, if it is common that they will still pursue the test.

Answer: I doubt it. Bush is obviously on drugs and they haven't caught it yet.

Question: Which of these jobs has most promising future? Financial assistant Treasury Analyst Payment Coordinator

Answer: Ray, I assume you are early in your career if you are asking a question like this. Your best bet is to not focus on the job with the most promising future. Focus on what job will get you excited. If you are excited about your work, you will do well. Then, you will get promoted and move on to the next role. Pursue your passion, the success will follow. NP http://www.jobsearchdigest.com/hfsd

Question: Are we in trouble when the Chinese literally laugh in the face of our Treasury Secretary? China is the biggest foreign owner of U.S. Treasury bonds. U.S. data shows that it held $768 billion in Treasuries as of March, but some analysts believe China's total U.S. dollar-denominated investments could be twice as high. "Chinese assets are very safe," Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s. His answer drew loud laughter from his student audience, reflecting scepticism in China about the wisdom of a developing country accumulating a vast stockpile of foreign reserves instead of spending the money to raise living standards at home. http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601

Answer: I have to agree with Andy...and the old standby of "we'll give nukes to Japan" is not going to work when China comes to collect what we owe them. We are sitting ducks for this crap and Obama is not going to do a damn thing about it unfortunately.

Question: My email today, what kind of scam is this? Sat, 15 Jul 2006 05:38:58 +0100 (GMT+01:00) From: "JUBAILI SULEMAN" Add to Address Book Add Mobile Alert Subject: FROM ME Dear, First and foremost I apologized using this medium to reach you for a transaction/business of this magnitude,my name is Mr. Jubaili Suleman,I am the Operational Manager in Account Section in charge of Credit and Foreign Bills of one of the prime banks Here in Nigeria. I am contacting you in a payment/Business review of a lingering transaction of a foreign customer of my Bank (MR. ANDREAS SCHRANNER from Munich, Germany) who died intestate amidst an uncredited approved payment of $42 Million USD United states Dollars Only,the money has been abandoned long ago owing to the sudden demise of the actual beneficiary,and this money was been payed into the Federal reserve/treasury account as unclaimed. This payment is legal and have already been approved before the death of the beneficiary,and the above document with a certificate of ownership issued and authorized by the court will be immediately approved by my office for the payment to be effected into your bank account,At the conclusion of the transfer 65% of the fund will be for us here, we would give you 30% of the total transfer sum, while the remaining 5% will be set aside to settle expenses both parties might incur during the transfer process Thank you for your anticipated cooperation. I await your response. MR JUBAILI SULEMAN INFORMATION TECH & DATA ANALYST TREASURY /PAYMENT INVESTIGATION DEPT (UBA). UNITED BANK OF AFRICA NIGERIA

Answer: Congratulations! You've received your first "Nigerian 419" spam letter. This is a very common fraud/scam, yet people still fall for it. Here is information on the scheme from the Internet Crime Complaint Center an FBI NW3c apartnership: http://www.ic3.gov/crimeschemes.aspx NIGERIAN LETTER OR "419" Named for the violation of Section 419 of the Nigerian Criminal Code, the 419 scam combines the threat of impersonation fraud with a variation of an advance fee scheme in which a letter, email, or fax is received by the potential victim. The communication from individuals representing themselves as Nigerian or foreign government officials offers the recipient the "opportunity" to share in a percentage of millions of dollars, soliciting for help in placing large sums of money in overseas bank accounts. Payment of taxes, bribes to government officials, and legal fees are often described in great detail with the promise that all expenses will be reimbursed as soon as the funds are out of the country. The recipient is encouraged to send information to the author, such as blank letterhead stationary, bank name and account numbers, and other identifying information using a facsimile number provided in the letter. The scheme relies on convincing a willing victim to send money to the author of the letter in several installments of increasing amounts for a variety of reasons. If you believe you may have fallen victim to this type of scam and wish to report it, please file a complaint with us. Visit the Economic and Financial Crimes Commission to learn more about combating financial and economic crimes in Nigeria.

Question: Which of these jobs has most potential? Payment Coordinator Treasury Analyst Financial Assistant

Answer: mcdonalds assistant regional manager

Question: Who pays the most taxes in this country In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income. The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share. Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total. Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise. The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent. The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent. The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent. The White House has announced it will lobby Congress to pass legislation making most of President Bush's tax cutting measures permanent.

Answer: The Blue States deservedly so, you wanted it now you got it.

Question: How should I approach my salary negotiation? I have a difficult situation with my work that I don't know how to approach it. I have been working part time at my company for the past three years and they recently offered me a full time job. The full time job is for a treasury analyst position. The reason they offered it to me was because they have a hiring freeze. When they offered it, I unofficially accepted without knowing anything regarding salary. I felt I needed to take it in this economy. I'm still in college and have 2 years left before I graduate. Nothing has been talked about salary wise. How should I approach the negotiations? What should I do if they attempt to low ball me?

Answer: Get back to them well prepared: * Determine what you consider a reasonable compensation package and how much you are willing to give in on that. * Find out how much other people outside the company get for similar job. * Find out how much other people in the company get for their jobs. With that information you go and be the reasonable and somewhat ignorant negotiator. Don't state anything, just ask questions. Like: "Ok, you offered this job to me. How serious are you?... And how do you want this to work out? ... And what does that mean compensation wise?..." Never state what you want. If they ask, say: "You are the experts on this, I just want a reasonable compensation. reasonable within the market as well as reasonable within this company." Also state that you don't want to negotiate on it, since you are aware of the situation being hard already. All you want is to decide whether or not their offer is reasonable with regards to you sacrificing time and possible delay of your studies and so on. Do a lot of smiling and keep it light. Good luck.

Question: Financial analyst says the US is the worlds new "banana republic" ---Is he right ? ? "We have a treasury secretary in America - Hank Paulson. I'm afraid he's gone insane. He's become like the Colonel Kurtz of Treasury Secretaries. He's gone native. He's co-opted trillions of dollars of American taxpayers' money and he's playing hedge fund like a rogue trader. We have got a rogue trader in the Treasury Secretary's office. He's being aided and abetted by Ben Bernanke who's been discredited as the entire Federal Reserve Bank has been utterly discredited. We're looking at a possible inflationary depression in America and the worse is yet to come, much worse is yet to come." "To pay for all this insanity from Hank Paulson, they have two options. They can either raise taxes or they can inflate the money supply. They can destroy these things US dollars . Dollars 30 years ago used to be backed by this stuff - gold . Now thanks to Hank Paulson and Ben Bernanke US dollars are backed by these - bananas . They're absolutely worthless. Anyone buying US dollars today is going to lose money." "For the average American, this is what they will experience. The price of food and oil are going to skyrocket due to hyperinflation. The only way they can possibly pay for all these bailouts is to inflate the money supply. This means hyperinflation in America like you had in Germany in the 1920s. This is what the average American will experience: destitution, poverty, social unrest due to flagrant bank mismanagement - and it could have been avoided. But unfortunately the banks in the USA are run by greedy, insane private marketeers and this is the result." "It's not really a doomsday scenario for the rest of the world. Take Iran for example, you've got a lot of oil and gas. Those prices are going to go up. China has huge savings. The Indian people have huge gold reserves. For the rest of the world this is actually a fantastic thing. Only the US and Britain are going to experience this horrible disconnection with the rest of the world economy. So it's a doomsday for them but there's a certain symmetry here. They spent 20 or 30 years with this neoliberal model hoisting trillions of dollars of debt onto themselves and now it's gone belly up. http://progressiveindependent.com/dc/dcboard.php?az=show_mesg&forum=104&topic_id=86698&mesg_id=86698 more from Max http://www.maxkeiser.com/ Max Keiser's professional profile http://www.linkedin.com/pub/1/849/a42 Max the talented international trouble maker (plus other quotes) http://www.linkedin.com/pub/1/849/a42 Former Treasury Secretary Paul Roberts under Regan Excepts from his blog The dependency of Treasury Secretary Paulson’s bailout scheme on foreign willingness to absorb more Treasury paper in order that the Treasury has the money to bail out the troubled institutions is heavy proof that the US is in a financially dependent position that is inconsistent with that of America’s “superpower� status. Currently, the fight between the administration and Congress over the bailout is whether the bailout will include the Democrats’ poor constituencies as well as the Republicans’ rich ones. The Republicans, for the most part, and their media shills are doing their best to exclude the ordinary American from the rescue plan. A less appreciated feature of Paulson’s bailout plan is his demand for freedom from accountability. Congress balked at Paulson’s demand that the executive branch’s conduct of the bailout be non-reviewable by Congress or the courts: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion.� However, Congress substituted for its own authority a “board� that possibly will consist of the bailed-out parties, by which I mean Republican and Democratic constituencies. The control over the financial system that the bailout would give to the executive branch would mean, in effect, state capitalism or fascism. If we add state capitalism to the Bush administration’s success in eroding both the US Constitution and the power of Congress, we may be witnessing the final death of accountable constitutional government. http://www.vdare.com/roberts/080923_deregulation.htm

Answer: Absolutely. The only positive outcome regarding this is that we may get our manufacturing economy back.

Question: Who REALLY pays the most in taxes in the US? Tired of hearing people talk about who does and does not pay their fair share in taxes here in the US. Here's the FACTS (*not that some of you will listen because too many people are mindless media zombies) The FACTS: Who Pays the Most Income Tax? Higher income earners pay the most, Treasury says. Feeling overtaxed? Under the U.S. income tax system, most of the taxes collected are supposed to be paid by the people who make the most money. Thanks to President Bush's tax cuts, that is exactly the way the system works, says the U.S. Treasury Department. According to the Office of Tax Analysis, the U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes each year. In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes, but reported roughly one-third (30.6 percent) of income. The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share. Taxpayers who rank in the top 50 percent of taxpayers by income pay virtually all individual income taxes. In all years since 1990, taxpayers in this group have paid over 94 percent of all individual income taxes. In 2000, 2001, and 2002, this group paid over 96 percent of the total. Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. In 2005, says the Treasury, when most of the tax cut provisions are fully in effect (e.g., lower tax rates, the $1,000 child credit, marriage penalty relief), the projected tax share for lower-income taxpayers will fall, while the tax share for higher-income taxpayers will rise. The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent. The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent. The average tax rate for the bottom 50 percent of taxpayers falls by 27 percent as compared to a 13 percent decline for taxpayers in the top 1 percent. The White House has announced it will lobby Congress to pass legislation making most of President Bush's tax cutting measures permanent. Source: U.S. Treasury, Office of Tax Analysis Sorry Libs/Dems, WRONG AGAIN. http://usgovinfo.about.com/od/incometaxandtheirs/a/whopaysmost.htm

Answer: see but you dont understand the "rich" arent paying enough until they directly deposit money into liberals bank accounts. Its only fair right. but the funny thing is they already are when they give them a job or when they produce the goods and services they need to survive. as Fred Thompson said They tell you they are not going to tax your family. No, they're just going to tax "businesses"! So unless you buy something from a "business", like groceries or clothes or gasoline ... or unless you get a paycheck from a big or a small "business", don't worry ... it's not going to affect you. They say they are not going to take any water out of your side of the bucket, just the "other" side of the bucket! That's their idea of tax reform.

Question: Taxes? Why do liberals want the wealthy to pay more? According to the Office of Tax Analysis, the U.S. individual income tax is "highly progressive," with a small group of higher-income taxpayers paying most of the individual income taxes. In 2002 the latest year of available data, the top 5 percent of taxpayers paid more than one-half (53.8 percent) of all individual income taxes. The top 1 percent of taxpayers paid 33.7 percent of all individual income taxes in 2002. This group of taxpayers has paid more than 30 percent of individual income taxes since 1995. Moreover, since 1990 this group’s tax share has grown faster than their income share. Treasury Department analysts credit President Bush's tax cuts with shifting a larger share of the individual income taxes paid to higher income taxpayers. The share of taxes paid by the bottom 50 percent of taxpayers will fall from 4.1 percent to 3.6 percent. The share of taxes paid by the top 1 percent of taxpayers will rise from 32.3 percent to 33.7 percent. http://usgovinfo.about.com/od/incometaxandtheirs/a/whopaysmost.htm

Answer: Just look at the liberal constituency, that will explain everything. Young people are idealistic and have no clue how economics works. They are mired in indoctrination by the public school system and universities, and their impressionable minds easily fall victim to Hollywood movie stars and musicians. Lazy people and illegal aliens LOVE liberal political philosophy. It allows them to continue to be lazy and steal from the rest of us through tax funded entitlement programs. The very wealthy, including entertainers and the media corporations, don't have to worry about getting sapped by high taxes like the middle class does. They are typically elitist and think they should be able to tell others how to live their lives. They don't give a damn about personal freedom, as long as they get their way. However if they don't get their way they are the first to whine and become hysterical, making bizarre comparisons between Bush and Hitler, etc. The fact that Hitler and fascist ideology are both within the same socialist realm as Hillary Clinton and Obama never seems to register with the liberals. .