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Director of accounting & finance vs assistant director of finance

The differences between directors of accounting & finance and assistant directors of 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 director of accounting & finance and an assistant director of finance. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $71,057 average annual salary of an assistant director of finance.

The top three skills for a director of accounting & finance include CPA, GAAP and internal controls. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.

Director of accounting & finance vs assistant director of finance overview

Director Of Accounting & FinanceAssistant Director Of Finance
Yearly salary$127,871$71,057
Hourly rate$61.48$34.16
Growth rate17%17%
Number of jobs100,20998,892
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a director of accounting & finance do?

A director of accounting and finance is in charge of overseeing all financial activities and decisions in a company and supervising its workforce. Their responsibilities revolve around spearheading the development of financial plans and strategies, coordinating with analysts and consultants, gathering and analyzing financial data, and reporting all sales progress to executives through documents and presentations. They must also set goals and objectives, allocate budgets to different departments, prepare comprehensive sales forecasts, and lead employees while implementing the company's policies and regulations.

What does an assistant director of finance do?

An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.

Director of accounting & finance vs assistant director of finance salary

Directors of accounting & finance and assistant directors of finance have different pay scales, as shown below.

Director Of Accounting & FinanceAssistant Director Of Finance
Average salary$127,871$71,057
Salary rangeBetween $88,000 And $184,000Between $46,000 And $109,000
Highest paying CitySan Francisco, CAOakland, CA
Highest paying stateNew JerseyNew York
Best paying companyFried FrankUCI Health
Best paying industryHealth CareUtilities

Differences between director of accounting & finance and assistant director of finance education

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

Director Of Accounting & FinanceAssistant Director Of Finance
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Director of accounting & finance vs assistant director of finance demographics

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

Director Of Accounting & FinanceAssistant Director Of Finance
Average age4646
Gender ratioMale, 67.1% Female, 32.9%Male, 46.7% Female, 53.3%
Race ratioBlack 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%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between director of accounting & finance and assistant director of finance duties and responsibilities

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

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
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Director of accounting & finance vs assistant director of finance skills

Common director of accounting & finance skills
  • CPA, 7%
  • GAAP, 7%
  • Internal Controls, 5%
  • Financial Data, 5%
  • Balance Sheet, 4%
  • Financial Reports, 4%
Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%

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