Post job

Director of accounting & finance vs finance leader

The differences between directors of accounting & finance and finance leaders 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 leader. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $117,284 average annual salary of a finance leader.

The top three skills for a director of accounting & finance include CPA, GAAP and internal controls. The most important skills for a finance leader are financial analysis, financial management, and business development.

Director of accounting & finance vs finance leader overview

Director Of Accounting & FinanceFinance Leader
Yearly salary$127,871$117,284
Hourly rate$61.48$56.39
Growth rate17%17%
Number of jobs100,20993,582
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
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 a finance leader do?

The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.

Director of accounting & finance vs finance leader salary

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

Director Of Accounting & FinanceFinance Leader
Average salary$127,871$117,284
Salary rangeBetween $88,000 And $184,000Between $78,000 And $174,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyOregon
Best paying companyFried FrankApple
Best paying industryHealth CareFinance

Differences between director of accounting & finance and finance leader education

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

Director Of Accounting & FinanceFinance Leader
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Director of accounting & finance vs finance leader demographics

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

Director Of Accounting & FinanceFinance Leader
Average age4646
Gender ratioMale, 67.1% Female, 32.9%Male, 60.0% Female, 40.0%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between director of accounting & finance and finance leader 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

Finance leader example responsibilities.

  • Manage and coordinate annual GAAP audit of corporation financial statements.
  • Manage impairment and trouble debt restructures identification & measurement process in compliance with regulatory and GAAP guidance.
  • Participate in Lawson ERP implementation and training resources for corporate and site finance group.
  • Create superior back office business processes in conjunction with JD Edwards ERP implementation team.
  • Recruit by the CFO to support the growth and development of the Americas business.
  • Review, interpret, and approve budgets for all trade promotion events in the Americas.
  • Show more

Director of accounting & finance vs finance leader skills

Common director of accounting & finance skills
  • CPA, 7%
  • GAAP, 7%
  • Internal Controls, 5%
  • Financial Data, 5%
  • Balance Sheet, 4%
  • Financial Reports, 4%
Common finance leader skills
  • Financial Analysis, 8%
  • Financial Management, 5%
  • Business Development, 5%
  • Financial Performance, 4%
  • Strong Analytical, 4%
  • HR, 4%

Browse executive management jobs