Recently, Wout van Wijlick of treasuryXL and Pieter de Kiewit of Treasurer Search traveled to Utrecht to visit the students of the Hogeschool Utrecht who are educated under the guidance of Frans Boumans. Goals were to combine a class about the treasury labour market with a, we think, very interesting experiment with the Treasurer Test. It turned out to be a great interactive session with this enthused group of students!
What personality traits should make a good treasurer? The results of the Treasurer Test help to better understand a candidate’s natural predisposition to specific personality traits. Editor of the Treasurer Test, Máximo Santos Miranda, gives us his take on what the most important personality traits are that treasurers should have.
Is there an ideal skillset and personality of a treasurer? Can we see common denominators among the treasury population? What is in the handbook “finding a treasurer”? Pieter de Kiewit and team Treasurer Search speak about this all the time, as their clients ask about this but also because it is part of the essence of their work. They discussed some observations on how challenging it can be to find “the treasurer” for the job in their recruitment work, and how the Treasurer Test can ease this challenge. Read the article below.
After marriage, children, and buying a home, career decisions are the most important for many of us. An increasing number of people want to create conscious career directions for themselves. On their initiative or of their employers. Adriana Ciuche, certified Treasury coach and treasuryXL, house of the Treasurer Test, found each other in the “Treasury Career Service“. This is a service that helps (aspiring) treasurers create a foundation for their careers.
Treasurer Search, a partner of the Treasurer Test, noticed an increased number of candidates taking the Test. In this blog, Pieter de Kiewit tells us two examples where the Treasurer Test helps them with recruitment processes.
treasuryXL announces the launch of the Treasurer Test 2.0, the new version of the assessment tool for Corporate Treasurers.
In 2017 we created the Treasurer Test, an online, peer-based assessment that measures the technical knowledge in treasury and the personality profile of the candidate. The idea for this originated from two important observations. First, in most labour markets there is no recognized qualification in treasury like CPA or CFA in other finance positions. Second, most companies do not employ many in treasury and they do not have the expertise to screen potential treasury staff. So how do you know your candidate brings what you are looking for?
Different from the multiple-choice questions in the Big5 Personality Profile assessment, a number of treasury technical questions require you to make calculations. Furthermore, there is a time pressure component: there are more questions than you will be able to answer within the limited time. You will have to balance between answering questions right and answering as many as possible. It is not possible to skip questions.
In previous blogs and in the Treasurer Test example report we mention the four corporate treasury sub-disciplines we work with. For each discipline you will have a limited time of 10 minutes to answer the questions.
In the below summary you can see what topics you can expect:
- Risk Management: future contracts, FX, interest, inflation, hedging, ALM, derivatives
- Corporate Finance: various bond types, valuation, equity, dividend calculations, rating agencies, bank loans
- Cash Management: zero balancing, liquidity management, bank account management, notional pooling, netting
- Treasury Miscellaneous: transfer pricing, withholding taxes, capitalization rules, investments, treasury organization, reporting & analysis, accounting & accounting principles, treasury technology and tender processes.
Together with industry and university experts we continuously work on updates of the questions catalogue. A challenge is to balance what is always relevant in corporate treasury, what is new and what will remain relevant.
It is possible to send your input for the further design of the questions catalogue. We are currently discussing topics like tax reforms, trade finance, treasury technology, alternative funding sources.
On behalf of Team Treasurer Test,
Wout van Wijlick
Marketing Coordinator, treasuryXL