It's all about the money for accounting directors. They supervise the accounting department at a company and manage the company's finance. Accounting directors usually do not bother with smaller tasks like managing payroll or preparing tax returns, instead they supervise junior staff members that do those jobs. Supervision is an important part of the accounting director's job since they have to ensure that the company is following relevant government regulations. In addition to managing their department, the director helps manage the organization's big-picture financial strategy. They analyze financial reports and accounting records to write forecasts about the company's financial future.
Accounting directors earn a generous average salary of $118,316 a year. However, they usually need many years of accounting experience, including management experience, before earning the title of director.
Accounting directors often must have at least a bachelor's degree in accounting. Usually they are also required to have a CPA license.
There is more than meets the eye when it comes to being an accounting director. For example, did you know that they make an average of $57.99 an hour? That's $120,629 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many accounting directors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
When it comes to the most important skills required to be an accounting director, we found that a lot of resumes listed 13.2% of accounting directors included procedures, while 9.0% of resumes included cpa, and 7.8% of resumes included gaap. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the accounting director job title. But what industry to start with? Most accounting directors actually find jobs in the health care and hospitality industries.
If you're interested in becoming an accounting director, one of the first things to consider is how much education you need. We've determined that 72.5% of accounting directors have a bachelor's degree. In terms of higher education levels, we found that 13.8% of accounting directors have master's degrees. Even though most accounting directors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an accounting director. When we researched the most common majors for an accounting director, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on accounting director resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an accounting director. In fact, many accounting director jobs require experience in a role such as controller. Meanwhile, many accounting directors also have previous career experience in roles such as accounting manager or staff accountant.