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The differences between associate executive directors and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an associate executive director and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $111,674 average annual salary of an associate executive director.
The top three skills for an associate executive director include human resources, nursing home and financial management. The most important skills for a chief finance officer are payroll, CPA, and oversight.
| Associate Executive Director | Chief Finance Officer | |
| Yearly salary | $111,674 | $143,947 |
| Hourly rate | $53.69 | $69.21 |
| Growth rate | 6% | 6% |
| Number of jobs | 93,808 | 145,184 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An associate executive director spearheads and oversees projects and programs in an organization. Their responsibilities include setting guidelines and objectives, managing budgets and timelines, assessing the workforce's performance, coordinating with managers, researching new business opportunities, building positive relationships with potential business partners, and developing strategies to optimize overall operations. They also make decisions based on extensive research and analysis. Furthermore, an associate executive director must lead and encourage teams to reach goals, all while implementing the company's policies and regulations, developing new ones as necessary.
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Associate executive directors and chief finance officers have different pay scales, as shown below.
| Associate Executive Director | Chief Finance Officer | |
| Average salary | $111,674 | $143,947 |
| Salary range | Between $63,000 And $194,000 | Between $80,000 And $257,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | California |
| Best paying company | Northwell Health | Baker McKenzie |
| Best paying industry | - | Construction |
There are a few differences between an associate executive director and a chief finance officer in terms of educational background:
| Associate Executive Director | Chief Finance Officer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between associate executive directors' and chief finance officers' demographics:
| Associate Executive Director | Chief Finance Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.8% Female, 52.2% | Male, 71.9% Female, 28.1% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.2% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |