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Assistant director of finance vs finance leader

The differences between assistant directors of finance and finance leaders can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an assistant director of finance and a finance leader. Additionally, a finance leader has an average salary of $117,284, which is higher than the $71,057 average annual salary of an assistant director of finance.

The top three skills for an assistant director of finance include customer service, payroll and reconciliations. The most important skills for a finance leader are financial analysis, financial management, and business development.

Assistant director of finance vs finance leader overview

Assistant Director Of FinanceFinance Leader
Yearly salary$71,057$117,284
Hourly rate$34.16$56.39
Growth rate17%17%
Number of jobs98,89293,582
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Average age4646
Years of experience88

What does an assistant director of finance do?

An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.

What does a finance leader do?

The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.

Assistant director of finance vs finance leader salary

Assistant directors of finance and finance leaders have different pay scales, as shown below.

Assistant Director Of FinanceFinance Leader
Average salary$71,057$117,284
Salary rangeBetween $46,000 And $109,000Between $78,000 And $174,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateNew YorkOregon
Best paying companyUCI HealthApple
Best paying industryUtilitiesFinance

Differences between assistant director of finance and finance leader education

There are a few differences between an assistant director of finance and a finance leader in terms of educational background:

Assistant Director Of FinanceFinance Leader
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant director of finance vs finance leader demographics

Here are the differences between assistant directors of finance' and finance leaders' demographics:

Assistant Director Of FinanceFinance Leader
Average age4646
Gender ratioMale, 46.7% Female, 53.3%Male, 60.0% Female, 40.0%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant director of finance and finance leader duties and responsibilities

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
  • Show more

Finance leader example responsibilities.

  • Manage and coordinate annual GAAP audit of corporation financial statements.
  • Manage impairment and trouble debt restructures identification & measurement process in compliance with regulatory and GAAP guidance.
  • Participate in Lawson ERP implementation and training resources for corporate and site finance group.
  • Create superior back office business processes in conjunction with JD Edwards ERP implementation team.
  • Recruit by the CFO to support the growth and development of the Americas business.
  • Review, interpret, and approve budgets for all trade promotion events in the Americas.
  • Show more

Assistant director of finance vs finance leader skills

Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%
Common finance leader skills
  • Financial Analysis, 8%
  • Financial Management, 5%
  • Business Development, 5%
  • Financial Performance, 4%
  • Strong Analytical, 4%
  • HR, 4%

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