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The differences between directors of accounting & finance and finance directors 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 a finance director. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $118,518 average annual salary of a finance director.
The top three skills for a director of accounting & finance include CPA, GAAP and internal controls. The most important skills for a finance director are CPA, financial analysis, and payroll.
| Director Of Accounting & Finance | Finance Director | |
| Yearly salary | $127,871 | $118,518 |
| Hourly rate | $61.48 | $56.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 100,209 | 90,012 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company. Furthermore, a finance director must also devise strategies and recommend innovative methods for financial gains, while in adherence to the organization's policies and regulations.
Directors of accounting & finance and finance directors have different pay scales, as shown below.
| Director Of Accounting & Finance | Finance Director | |
| Average salary | $127,871 | $118,518 |
| Salary range | Between $88,000 And $184,000 | Between $76,000 And $183,000 |
| Highest paying City | San Francisco, CA | Palo Alto, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Fried Frank | Meta |
| Best paying industry | Health Care | Manufacturing |
There are a few differences between a director of accounting & finance and a finance director in terms of educational background:
| Director Of Accounting & Finance | Finance Director | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of accounting & finance' and finance directors' demographics:
| Director Of Accounting & Finance | Finance Director | |
| Average age | 46 | 46 |
| Gender ratio | Male, 67.1% Female, 32.9% | Male, 65.1% Female, 34.9% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |