Correctional agency director vs chief finance officer

The differences between correctional agency 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 a correctional agency director and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $80,133 average annual salary of a correctional agency director.

Correctional agency director vs chief finance officer overview

	Correctional Agency Director	Chief Finance Officer
Yearly salary	$80,133	$143,947
Hourly rate	$38.53	$69.21
Growth rate	6%	6%
Number of jobs	6,365	145,184
Job satisfaction	5	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 72%
Average age	52	52
Years of experience	-	-

Correctional agency director vs chief finance officer salary

Correctional agency directors and chief finance officers have different pay scales, as shown below.

	Correctional Agency Director	Chief Finance Officer
Average salary	$80,133	$143,947
Salary range	Between $40,000 And $158,000	Between $80,000 And $257,000
Highest paying City	-	Washington, DC
Highest paying state	-	California
Best paying company	-	Baker McKenzie
Best paying industry	-	Construction

Differences between correctional agency director and chief finance officer education

There are a few differences between a correctional agency director and a chief finance officer in terms of educational background:

	Correctional Agency Director	Chief Finance Officer
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 72%
Most common major	Sociology	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Correctional agency director vs chief finance officer demographics

Here are the differences between correctional agency directors' and chief finance officers' demographics:

	Correctional Agency Director	Chief Finance Officer
Average age	52	52
Gender ratio	Male, 61.9% Female, 38.1%	Male, 71.9% Female, 28.1%
Race ratio	Black or African American, 3.0% Unknown, 3.8% Hispanic or Latino, 5.9% Asian, 6.1% White, 80.7% 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%

Differences between correctional agency director and chief finance officer duties and responsibilities

Correctional agency director example responsibilities.

Manage agency expenses, including conducting payroll and equipment/material purchases.
Maintain documentation for Medicare cost reports while adhering to compliance with government regulations, and in accordance with agency requirements.
Create PowerPoint presentations for department meetings.

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.

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Correctional Agency Director
Correctional Agency Director vs Chief Finance Officer

Updated January 8, 2025

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