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Assistant director of finance vs senior finance manager

The differences between assistant directors of finance and senior finance managers 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, 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 senior finance manager are hyperion, financial performance, and financial analysis.

Assistant director of finance vs senior finance manager overview

Assistant Director Of FinanceSenior Finance Manager
Yearly salary$71,057$133,358
Hourly rate$34.16$64.11
Growth rate17%17%
Number of jobs98,892139,639
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 68%
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 senior finance manager do?

A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.

Assistant director of finance vs senior finance manager salary

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

Assistant Director Of FinanceSenior Finance Manager
Average salary$71,057$133,358
Salary rangeBetween $46,000 And $109,000Between $95,000 And $185,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyUCI HealthRoku
Best paying industryUtilitiesProfessional

Differences between assistant director of finance and senior finance manager education

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

Assistant Director Of FinanceSenior Finance Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 68%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant director of finance vs senior finance manager demographics

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

Assistant Director Of FinanceSenior Finance Manager
Average age4646
Gender ratioMale, 46.7% Female, 53.3%Male, 70.3% Female, 29.7%
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, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between assistant director of finance and senior finance manager 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

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Assistant director of finance vs senior finance manager skills

Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%
Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%

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