Business office director vs managing director

The differences between business office directors and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a business office director, becoming a managing director takes usually requires 4-6 years. Additionally, a managing director has an average salary of $129,690, which is higher than the $104,370 average annual salary of a business office director.

The top three skills for a business office director include human resources, office equipment and oversight. The most important skills for a managing director are healthcare, portfolio, and business development.

Business office director vs managing director overview

	Business Office Director	Managing Director
Yearly salary	$104,370	$129,690
Hourly rate	$50.18	$62.35
Growth rate	7%	6%
Number of jobs	83,491	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 68%
Average age	50	44
Years of experience	2	6

What does a business office director do?

A business office director is an executive professional who is responsible for directing professionals who are involved in performing professional or clerical duties of an organization. This director must participate in developing and implementing the organization's business office policies and procedures and ensure that their employees are following them. The director is required to prepare payroll and monitor the clerical functions of employees as well as approve supply requisitions to maintain the inventory of office supplies. This director must also collaborate with the human resources personnel to address and resolve employee relations and performance issues.

What does a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

Business office director vs managing director salary

Business office directors and managing directors have different pay scales, as shown below.

	Business Office Director	Managing Director
Average salary	$104,370	$129,690
Salary range	Between $66,000 And $162,000	Between $72,000 And $233,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	Microsoft	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Professional	Finance

Differences between business office director and managing director education

There are a few differences between a business office director and a managing director in terms of educational background:

	Business Office Director	Managing Director
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Business office director vs managing director demographics

Here are the differences between business office directors' and managing directors' demographics:

	Business Office Director	Managing Director
Average age	50	44
Gender ratio	Male, 31.4% Female, 68.6%	Male, 73.5% Female, 26.5%
Race ratio	Black or African American, 10.3% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 4.4% White, 66.3% American Indian and Alaska Native, 0.5%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	5%	10%

Differences between business office director and managing director duties and responsibilities

Business office director example responsibilities.

Input and manage labor for both facilities using the KRONOS system.
Manage key third-party vendor relationships, including RFP processes, contract negotiation, and implementation teams on multiple projects.
Manage quality review of vendor partners; actively engage in the selection process for new vendor partners, including RFP development.
Manage payments receive from Medicare, comply with documentation and assure fulfillment according to regulations.
Ensure compliance to HIPAA regulations.
Serve on HIPAA implementation committee.

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Business office director vs managing director skills

Common business office director skills

Human Resources, 10%
Office Equipment, 8%
Oversight, 7%
Patients, 7%
Office Management, 7%
Business Office Functions, 6%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Business Office Director
Business Office Director vs Managing Director

Updated January 8, 2025

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