FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

FIND
PERSONALIZED JOBS

Become An Assistant Director Of Finance

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As An Assistant Director Of Finance

  • Making Decisions and Solving Problems
  • Getting Information
  • Analyzing Data or Information
  • Processing Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $139,520

    Average Salary

What Does An Assistant Director Of Finance Do

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

Duties

Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to maximize profits and find expansion opportunities
  • Help management make financial decisions

The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.

Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about topics in healthcare finance. Moreover, financial managers must be knowledgeable about special tax laws and regulations that affect their industry.

The following are examples of types of financial managers:

Chief financial officers (CFOs) are accountable for the accuracy of a company’s or organization’s financial reporting, especially among publicly traded companies. As head of a company’s entire financial department, they manage the lower level financial managers. They oversee the company’s financial goals, objectives, and budgets.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by governmental agencies that regulate businesses. Often, controllers oversee the accounting, audit, and budget departments of their organization.

Treasurers and finance officers direct their organization’s budgets to meet its financial goals. They oversee the investment of funds and carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm’s expansion. They also develop financial plans for mergers (two companies joining together) and acquisitions (one company buying another).

Credit managers oversee their firm’s credit business. They set credit-rating criteria, determine credit ceilings, and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash that comes in and goes out of the company to meet the company’s business and investment needs. For example, they must project cash flow (amounts coming in and going out) to determine whether the company will have a shortage or surplus of cash. 

Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. Among the risks they try to limit are those that stem from currency or commodity price changes.

Insurance managers decide how best to limit a company’s losses by obtaining insurance against risks, such as the need to make disability payments for an employee who gets hurt on the job or the costs imposed by a lawsuit against the company.

Show More

Show Less

How To Become An Assistant Director Of Finance

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

Show More

Show Less

Assistant Director Of Finance jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Average Length of Employment
Finance Director 3.9 years
Finance Controller 3.8 years
Finance Manager 3.7 years
Finance Supervisor 3.5 years
Chief Of Staff 2.6 years
Top Employers Before
Controller 8.2%
Accountant 7.9%
Manager 2.9%
Top Employers After
Controller 10.1%
Accountant 4.1%
Consultant 4.1%
Director 3.9%

Assistant Director Of Finance Demographics

Gender

Female

56.3%

Male

41.8%

Unknown

1.9%
Ethnicity

White

80.6%

Hispanic or Latino

10.1%

Asian

7.1%

Unknown

1.2%

Black or African American

1.0%
Show More
Languages Spoken

Spanish

48.7%

French

7.7%

Hindi

5.1%

Tagalog

5.1%

Russian

5.1%

Portuguese

2.6%

Nepali

2.6%

Chinese

2.6%

Vietnamese

2.6%

Yoruba

2.6%

Dutch

2.6%

Gujarati

2.6%

Polish

2.6%

Arabic

2.6%

Cebuano

2.6%

Italian

2.6%
Show More

Assistant Director Of Finance Education

Schools

University of Phoenix

20.6%

University of Maryland - University College

6.3%

Florida State University

5.6%

Northeastern University

5.6%

University of Rhode Island

4.8%

Cornell University

4.8%

University of Florida

4.8%

Strayer University

4.8%

Indiana Wesleyan University

4.8%

Syracuse University

4.0%

University of Connecticut

4.0%

Columbia University

4.0%

Boston University

4.0%

New York University

3.2%

University of Arkansas at Little Rock

3.2%

Illinois State University

3.2%

Walden University

3.2%

Georgetown University

3.2%

Pennsylvania State University

3.2%

Texas A&M University

3.2%
Show More
Majors

Business

32.7%

Accounting

22.8%

Finance

12.2%

Management

4.3%

Economics

3.0%

Human Resources Management

2.4%

Criminal Justice

2.3%

Communication

2.2%

Health Care Administration

2.0%

Hospitality Management

1.9%

Public Administration

1.8%

Educational Leadership

1.8%

Education

1.6%

Psychology

1.6%

Marketing

1.5%

Elementary Education

1.4%

Liberal Arts

1.2%

Sociology

1.2%

School Counseling

1.1%

English

0.8%
Show More
Degrees

Bachelors

41.9%

Masters

39.1%

Other

10.9%

Certificate

2.8%

Associate

2.7%

Doctorate

2.0%

Diploma

0.3%

License

0.2%
Show More
Job type you want
Full Time
Part Time
Internship
Temporary

Real Assistant Director Of Finance Salaries

Job Title Company Location Start Date Salary
Assistant Director, Financial Analysis American International Group, Inc. New York, NY May 13, 2013 $175,000
Deputy Assistant Director/Financial Economist Congressional Budget Office Washington, DC Apr 06, 2012 $165,000
Assistant Director, Finanace North Shore-LIJ Health System Westbury, NY Mar 14, 2014 $150,000
Assistant Director of Finance North Shore-LIJ Health System Westbury, NY Mar 14, 2011 $140,000
Assistant Director of Finance Town of Apple Valley Apple Valley, CA Dec 17, 2012 $107,000
Assistant Director, Financial Engineer, Structured Analytics and Valuation Moody's Analytics New York, NY Jan 02, 2015 $105,789
Assistant Director, AIS Finance CRM Astellas Us LLC Northbrook, IL Oct 05, 2015 $105,102 -
$150,000
Assistant Director, SR. Financial Engineer, Structured Analytics and Valuation Moody's Analytics New York, NY Jan 15, 2016 $100,000
Asst. Research Director, Int'l Financial Design Arabella Philanthropic Investment Advisors LLC Boston, MA May 03, 2011 $100,000
Financial Reporting and Analysis, Assistant Director (Multiple Positions) Ernst & Young U.S. LLP Los Angeles, CA Aug 07, 2016 $97,590 -
$157,800
Assistant Director of Finance Misumi USA, Inc. Schaumburg, IL May 06, 2013 $95,500 -
$120,000
Assistant Director, Senior Financial Engineer Moody's Analytics, Inc. New York, NY Oct 01, 2014 $95,014
Senior Assistant Director of Finance & Accounting Marriott International, Inc. Urban Honolulu, HI Jul 29, 2015 $86,862
Assistant Director-Senior Financial Modeling Anal Moody's Analytics, Inc. New York, NY Apr 18, 2011 $85,000
Assistant Finance Director Trustees of The Smith College Northampton, MA Nov 15, 2016 $85,000
Assistant Director-Senior Financial Modeling Anal Moody's Analytics, Inc. New York, NY Oct 14, 2013 $85,000
Assistant Director of Finance and Operations Naqvi-Van Ness Asset Management LLC New York, NY Jan 15, 2016 $84,000
Assistant Director for Finance University of Nevada, Las Vegas Las Vegas, NV Dec 01, 2010 $82,410
Assistant Director, Senior Financial Engineer Moody's Analytics, Inc. New York, NY Sep 01, 2012 $80,000
Assistant Director of Finance University of Nevada, Las Vegas Las Vegas, NV Dec 01, 2009 $79,539
Assistant Director of Finance The Westin Alexandria Alexandria, VA Jun 25, 2010 $67,829
Assistant Director of Financial Affairs University of Illinois at Chicago Chicago, IL Mar 01, 2010 $67,510
Hotel Assistant Director of Finance The Westin Alexandria Alexandria, VA Aug 05, 2009 $67,000
Hotel Assistant Director of Finance The Alexandria Westin Alexandria, VA Jul 30, 2009 $67,000
Assistant Director of Financial Affairs University of Illinois at Chicago Chicago, IL Jun 04, 2008 $66,512
Assistant Finance Director Trustees of The Smith College Northampton, MA Nov 15, 2016 $66,082 -
$103,749
Assistant Finance Director Trustees of The Smith College Northampton, MA Nov 15, 2016 $64,946 -
$101,965

No Results

To get more results, try adjusting your search by changing your filters.

Show More

Top Skills for An Assistant Director Of Finance

MonthlyFinancialStatementsProceduresPayrollEnsureComplianceBalanceSheetAccountsGeneralLedgerAccountsStudentLoansIncomeAuditTitleIVSuperviseJournalEntriesCustomerServiceFinancialReportsAnnualBudgetScholarshipsA/PAssetFinanceDepartmentBusinessOfficeFinancialAidOffice

Show More

Top Assistant Director Of Finance Skills

  1. Monthly Financial Statements
  2. Procedures
  3. Payroll
You can check out examples of real life uses of top skills on resumes here:
  • Prepared monthly financial statements with margins calculated on a monthly basis.
  • Reviewed statement of accounts, analyzed financial data, and recommended awarding procedures.
  • Manage cash flow forecasting and management, budgeting/forecasting, financial statements, cost analysis, payroll, and purchasing.
  • Strengthened relationship with Mount Saint Mary's University to ensure compliance and to create new documentation.
  • Reconciled the hotel's balance sheet accounts on a monthly basis.

Top Assistant Director Of Finance Employers

Assistant Director Of Finance Videos

Career Advice on becoming a Group Financial Controller by Nick H (Full Version)

Elizabeth Warren Expresses Outrage Over Jamie Dimon's Salary at JP Morgan Chase

A Day In The Life: Marketing Manager

×