To become a state treasurer in the US, one must have a strong background in economics, accounting, and politics. Educational requirements are minimal, but many treasurers hold a bachelor’s, master’s, or doctoral degree. State treasurers are responsible for managing state taxes and working with the governor and other agency heads to resolve financial issues. They can be elected or appointed by the governor.
A state treasurer is responsible for managing all tax money received and spent by a state. There are two distinct ways to get into this position and a huge number of skills and experiences that will help you prepare. If you want to become a state treasurer, you must be an expert in numbers and politics.
Like most political offices, at least in the United States, there are few educational requirements to become a state treasurer other than a high school diploma. You probably won’t find many treasurers with just that degree. Many treasurers hold a bachelor’s, master’s or even doctoral degree in economics, accounting, political science or even a combination thereof. The mathematical, logistical, and political skills provided by these studies are excellent for a state treasurer.
State treasurers come from various backgrounds to succeed in this work. One of the most common lines of work would be a treasurer or local government assistant in the state treasury’s office, because they offer a strong understanding of how budget and policy work together. Working as an accountant can also be excellent preparation as it will increase your understanding of taxes and balanced budgets. A less likely but still useful role would be to work in economics, such as being an economics professor, because it would help you understand various monetary theories applicable to treasury jobs.
There are two ways to become a State Treasurer in the United States. Most states choose their treasurer by popular vote, just like a governor, mayor or other public official. Be aware that if you want to become a state treasurer, there are about 15 states that allow this position to be appointed by the governor.
No matter how you get the job, you must fully understand your duties if you plan to become a state treasurer. The state treasurer’s top priority is to monitor and manage state taxes and ensure that the proper amount is allocated to the correct state agencies. As the state treasurer, you will serve on committees responsible for planning the annual budget. You will also need to work closely with the governor and other agency heads to resolve any issues that may arise regarding the state’s finances, such as bankruptcy or changes to the tax code. You may also need to know how to deliver a campaign speech and deal with the rigors of fundraising when running for office.
Protect your devices with Threat Protection by NordVPN
