How much does a Head of Treasury make in the Netherlands?

Author Rachael Crocker
October 30, 2024

If you’re a treasury professional looking to become a Head of Treasury in the Netherlands now or in the future, it might help to understand the role itself and how much you can make – including base salary and other compensation. 

The role of a Head of Treasury in the Netherlands is increasingly important as businesses look to navigate complex financial markets and manage liquidity during global economic shifts. Many jobseekers considering a career in treasury management – especially in cities like Amsterdam and Rotterdam – are interested in the expected salary range for this vital job title.  

Here is some information on salary data, qualifications and factors affecting the average salary of a Head of Treasury in the Netherlands. 

What does a Head of Treasury do in the Netherlands? 

A Head of Treasury is responsible for overseeing a company’s treasury operations – including cash and risk management, investment management, financial strategy, regulatory compliance, financial reporting and more. Other similar job titles are Group Treasurery or Treasury Director. 

The Head of Treasury is typically part of the senior management team and contributes to the company’s high-level decision making and strategy. They usually manage the company’s treasury department which might include Treasury Analysts, Senior Treasury Managers, Treasury Managers, Treasury Accountants and other treasury employees.  

The Head of Treasury typically reports to the Chief Financial Officer (CFO) and has various internal stakeholders including teams in finance and accounting, corporate strategy and operations.  

The role requires a strong foundation in finance and many employers prefer candidates with a bachelor’s or master’s degree in finance, accounting or economics. 

Find out more about what a Head of Treasury does. 

Average salary for a Head of Treasury in the Netherlands 

The estimated salary for a Head of Treasury in the Netherlands typically ranges between €100,000 and €280,000 per year depending on years of experience, company size, industry and location. For example the cost of living is higher in Amsterdam, so companies may offer higher salaries to attract and retain skilled professionals.  

In small companies, Heads of Treasury typically earn between €100,000 and €150,000. In mid-size companies: Heads of Treasury (or Group Treasurers) can earn between €150,000 and €180,000. Heads of Treasury (or Group Treasurers) in large companies can earn between €175,000 and €280,000. 

Download our salary guide to find out more about treasury salaries in the Netherlands. 

Factors influencing Head of Treasury salaries in the Netherlands 

Several factors affect the average salary for a Head of Treasury in the Netherlands: 

  1. Location: Cities like Amsterdam and Rotterdam generally offer higher salaries due to the cost of living and presence of multinational companies 
  1. Years of experience: The number of years of experience directly impacts salary potential. Seasoned professionals with extensive treasury operations and risk management expertise can negotiate higher compensation 
  1. Educational background: Candidates with a master’s degree or specialised certifications in finance may have an advantage in securing higher salaries 
  1. Company size and industry: Larger corporations, especially in sectors like technology and finance, tend to offer higher salaries than smaller firms or companies in traditional industries 
  1. Skills and responsibilities: Expertise in areas such as cash flow management, liquidity optimisation, financial reporting and credit risk assessment can boost earning potential. Speaking Dutch and English can be beneficial particularly in larger, multinational businesses. Learn more about why soft skills are just as important as hard skills in treasury

Additional compensation and benefits

Many Heads of Treasury in the Netherlands receive performance-based bonuses on top of their base salary – especially if their role involves strategic decision-making that directly impacts financial results.  

Other benefits may include a flexible or hourly rate option, remote work opportunities and contributions to health and retirement plans. Additional perks and higher salaries are not uncommon in companies where treasury functions are central to the business model. 

Is a Head of Treasury role in the Netherlands a good career move?

The Head of Treasury role is a promising career choice for finance professionals in the Netherlands, with significant growth opportunities – especially in financial hubs like Amsterdam. Treasury salaries in the Netherlands are competitive and the demand for expertise in financial risks, cash management and optimisation continues to grow.  

For jobseekers with the right qualifications and experience, this job title offers strong earning potential, career stability and opportunities to make a substantial impact in the Dutch and European financial landscapes. 

How do you find a Head of Treasury job in the Netherlands? 

If you’re considering a Head of Treasury role in the Netherlands, you can use a combination of strategic job searching, professional resources and networking. Here are some examples: 

  • Recruitment agencies: Agencies like Brewer Morris can help treasury candidates with bespoke guidance, available jobs, and access to unique treasury and finance networks. We specialise in executive search – i.e., placing elusive senior roles – and have connections locally and globally to help you find your Head of Treasury role in the Netherlands 
  • Company websites: Consider the types of companies you’d like to work for and visit their career webpages. This will give you an idea of what it’s like to work there and their employer brand.This research will also benefit you during application and hiring processes with those companies 
  • General job boards: You can find Head of Treasury roles in the Netherlands on general job boards like Indeed and LinkedIn 
  • Specialised job boards: There are also specialised job boards for finance and treasury professionals such as eFinancial Careers and Finance.nl 
  • Networking: Attending networking events and conferences is the best way to stay up-to-date on industry trends, share knowledge and hear about career opportunities through new relationships 

Learn more about finding a Head of Treasury role. 

How to get promoted to Head of Treasury

To be considered for a promotion to Head of Treasury, you need to excel in your current managerial position. Gain the confidence and trust of your boss and senior management by performing your job brilliantly and consistently. 

Transitioning to the role of Head of Treasury involves taking on more accountability and demonstrating your capability to handle complex responsibilities. Most companies will only promote (or hire) someone if they can see they have a demonstrable track record of stepping up into the role. 

A core element of becoming a leader in treasury management is using effective communication skills with stakeholders. While everyone’s personality is unique, there are ways you can understand their characteristics and behaviours so that you can anticipate their needs. 

Continuous learning is also vital for career progression even at leadership level, especially in a field as dynamic as treasury management. Find out more about how to get promoted to Head of Treasury. 

Get in touch with us today to discuss your career or find your next exciting job opportunity. 

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