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Associate executive director vs chief finance officer

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 vs chief finance officer overview

Associate Executive DirectorChief Finance Officer
Yearly salary$111,674$143,947
Hourly rate$53.69$69.21
Growth rate6%6%
Number of jobs93,808145,184
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Average age5252
Years of experience--

What does an associate executive director do?

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.

What does a chief finance officer do?

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 director vs chief finance officer salary

Associate executive directors and chief finance officers have different pay scales, as shown below.

Associate Executive DirectorChief Finance Officer
Average salary$111,674$143,947
Salary rangeBetween $63,000 And $194,000Between $80,000 And $257,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkCalifornia
Best paying companyNorthwell HealthBaker McKenzie
Best paying industry-Construction

Differences between associate executive director and chief finance officer education

There are a few differences between an associate executive director and a chief finance officer in terms of educational background:

Associate Executive DirectorChief Finance Officer
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Associate executive director vs chief finance officer demographics

Here are the differences between associate executive directors' and chief finance officers' demographics:

Associate Executive DirectorChief Finance Officer
Average age5252
Gender ratioMale, 47.8% Female, 52.2%Male, 71.9% Female, 28.1%
Race ratioBlack 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 Percentage12%12%

Differences between associate executive director and chief finance officer duties and responsibilities

Associate executive director example responsibilities.

  • Manage paid media campaigns on Facebook & Google.
  • Facilitate negotiations for commercial, Medicaid manage care contracts to expand provider network.
  • Manage funding allocation, disbursement, and financial oversight implementing necessary accountability measures as needed.
  • Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
  • Establish and develop relationships with ERP and consulting vendors with the goal of maximizing comparative advantage and cost efficient solution development.
  • Maintain all necessary licensing and certification (ISDH, JCAHO, AAAHC, Medicare).
  • Show more

Chief finance officer example responsibilities.

  • Lead management team in developing and executing a combination of pricing and cost savings strategies that improve EBITDA more than threefold.
  • Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
  • Lead system conversion to Hyperion planning budgeting/forecasting software, responsible for training, developing and implementation.
  • Manage all firm banking relationships, treasury functions and retain signatory authority for all partnership and corporate accounts.
  • Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
  • Prepare annual general ledger reconciliations and consolidate financial reports for CPA tax preparation.
  • Show more

Associate executive director vs chief finance officer skills

Common associate executive director skills
  • Human Resources, 10%
  • Nursing Home, 8%
  • Financial Management, 8%
  • Direct Supervision, 6%
  • Community Organizations, 6%
  • Resident Satisfaction, 4%
Common chief finance officer skills
  • Payroll, 7%
  • CPA, 6%
  • Oversight, 5%
  • Financial Reports, 4%
  • Human Resources, 4%
  • Internal Controls, 4%

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