What is a Director Of Accounting & Finance

A director of accounting and finance is a management professional who oversees all financial activities and decisions for an organization or a company. They also develop financial plans and strategies to increase production and revenue and work with analysts and staff to gather and analyze sales data, production data and report on this information to upper management and clients. These management professionals also oversee accounting and finance staff and departments and set budget goals and objectives for organizational departments.

A director of accounting and finance typically has a bachelor's or a master's degree in business, marketing, accounting, finance, or a related area and should have experience managing accounting and sales teams. These individuals should possess strong communication, organizational, analytical, and mathematical skills and should be comfortable working with accounting and financial data software.

A director of accounting and finance can work in a variety of industries and make up to $113,000 per year. The career field is also expected to increase 16% in the next ten years.

There is more than meets the eye when it comes to being a Director Of Accounting & Finance. For example, did you know that they make an average of $54.53 an hour? That's $113,420 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does a Director Of Accounting & Finance Do

There are certain skills that many Directors Of Accounting & Finance have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Detail oriented and Math skills.

Learn more about what a Director Of Accounting & Finance does

How To Become a Director Of Accounting & Finance

If you're interested in becoming a Director Of Accounting & Finance, one of the first things to consider is how much education you need. We've determined that 74.9% of Directors Of Accounting & Finance have a bachelor's degree. In terms of higher education levels, we found that 20.1% of Directors Of Accounting & Finance have master's degrees. Even though most Directors Of Accounting & Finance have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Director Of Accounting & Finance. When we researched the most common majors for a Director Of Accounting & Finance, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Director Of Accounting & Finance resumes include Associate Degree degrees or Doctoral Degree degrees.

You may find that experience in other jobs will help you become a Director Of Accounting & Finance. In fact, many Director Of Accounting & Finance jobs require experience in a role such as Controller. Meanwhile, many Directors Of Accounting & Finance also have previous career experience in roles such as Accounting Manager or Senior Accountant.

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Average Salary
$113,420
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
97,880
Job Openings
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Director Of Accounting & Finance Career Paths

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Average Salary for a Director Of Accounting & Finance

Directors Of Accounting & Finance in America make an average salary of $113,420 per year or $55 per hour. The top 10 percent makes over $180,000 per year, while the bottom 10 percent under $71,000 per year.
Average Salary
$113,420
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Director Of Accounting & Finance Demographics

Director Of Accounting & Finance Gender Statistics

male

64.6 %

female

30.8 %

unknown

4.6 %

Director Of Accounting & Finance Ethnicity Statistics

White

67.6 %

Hispanic or Latino

14.2 %

Asian

9.0 %

Director Of Accounting & Finance Foreign Languages Spoken Statistics

Spanish

48.2 %

French

10.7 %

Portuguese

7.1 %
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Director Of Accounting & Finance Education

Director Of Accounting & Finance Majors

25.4 %
11.7 %

Director Of Accounting & Finance Degrees

Bachelors

74.9 %

Masters

20.1 %

Associate

3.1 %

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Top Colleges for Director Of Accounting & Finances

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
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Online Courses For Director Of Accounting & Finance That You May Like

Financial Accounting Payroll
udemy
4.4
(889)

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...

Financial Accounting Subsidiary Ledgers & Special Journals
udemy
4.8
(283)

Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...

Financial Accounting-Adjusting Entries & Financial Statement
udemy
4.4
(368)

Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...

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Top Skills For a Director Of Accounting & Finance

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.2% of Directors Of Accounting & Finance listed Financial Statements on their resume, but soft skills such as Analytical skills and Detail oriented are important as well.

12 Director Of Accounting & Finance RESUME EXAMPLES

Best States For a Director Of Accounting & Finance

Some places are better than others when it comes to starting a career as a Director Of Accounting & Finance. The best states for people in this position are West Virginia, New York, New Jersey, and Virginia. Directors Of Accounting & Finance make the most in West Virginia with an average salary of $134,676. Whereas in New York and New Jersey, they would average $134,048 and $133,851, respectively. While Directors Of Accounting & Finance would only make an average of $130,323 in Virginia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. West Virginia

Total Director Of Accounting & Finance Jobs:
364
Highest 10% Earn:
$220,000
Location Quotient:
1.54
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Delaware

Total Director Of Accounting & Finance Jobs:
258
Highest 10% Earn:
$212,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New York

Total Director Of Accounting & Finance Jobs:
2,379
Highest 10% Earn:
$218,000
Location Quotient:
1.19
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Directors Of Accounting & Finance

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