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City treasurer vs director of accounting & finance

The differences between city treasurers and directors of accounting & finance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a city treasurer and a director of accounting & finance. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $81,559 average annual salary of a city treasurer.

The top three skills for a city treasurer include financial statements, payroll and cash management. The most important skills for a director of accounting & finance are CPA, GAAP, and internal controls.

City treasurer vs director of accounting & finance overview

City TreasurerDirector Of Accounting & Finance
Yearly salary$81,559$127,871
Hourly rate$39.21$61.48
Growth rate17%17%
Number of jobs5,201100,209
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 75%
Average age4646
Years of experience88

City treasurer vs director of accounting & finance salary

City treasurers and directors of accounting & finance have different pay scales, as shown below.

City TreasurerDirector Of Accounting & Finance
Average salary$81,559$127,871
Salary rangeBetween $55,000 And $119,000Between $88,000 And $184,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-Fried Frank
Best paying industry-Health Care

Differences between city treasurer and director of accounting & finance education

There are a few differences between a city treasurer and a director of accounting & finance in terms of educational background:

City TreasurerDirector Of Accounting & Finance
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

City treasurer vs director of accounting & finance demographics

Here are the differences between city treasurers' and directors of accounting & finance' demographics:

City TreasurerDirector Of Accounting & Finance
Average age4646
Gender ratioMale, 37.7% Female, 62.3%Male, 67.1% Female, 32.9%
Race ratioBlack or African American, 8.8% Unknown, 4.2% Hispanic or Latino, 12.2% Asian, 7.5% White, 67.0% American Indian and Alaska Native, 0.3%Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between city treasurer and director of accounting & finance duties and responsibilities

City treasurer example responsibilities.

  • Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
  • Process payroll and payroll liabilities including payroll taxes, workers comp, garnishments, etc.
  • Budget chapter money to disperse properly between fraternity needs, philanthropic events, home improvement projects and other miscellaneous expenses.
  • Enter information into ADP and verify accuracy of information.

Director of accounting & finance example responsibilities.

  • Implement the firm's financial policy while managing day to day accounting and oversight of accounting staff and financial vendors.
  • Manage ERP implementation for both development and general construction operations.
  • Lead business validation process to produce accurate and timely portfolio consolidation results while ensuring favorable audit and SOX compliance opinions.
  • Manage financial accounting and reporting for all client entities, including consolidations and inter-company reconciliations, with recommendations for process improvements.
  • Champion and manage the integration of account reconciliation software to improve the efficiency and accuracy of inter-department and company-wide account reconciliations.
  • Assist CPA with yearly audit requirements and enter adjusting journal entries.
  • Show more

City treasurer vs director of accounting & finance skills

Common city treasurer skills
  • Financial Statements, 21%
  • Payroll, 20%
  • Cash Management, 10%
  • Utility Billing, 9%
  • Treasury, 6%
  • Bank Accounts, 6%
Common director of accounting & finance skills
  • CPA, 7%
  • GAAP, 7%
  • Internal Controls, 5%
  • Financial Data, 5%
  • Balance Sheet, 4%
  • Financial Reports, 4%

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