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The differences between directors of accounting & finance and senior finance managers 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $127,871 average annual salary of a director of accounting & finance.
The top three skills for a director of accounting & finance include CPA, GAAP and internal controls. The most important skills for a senior finance manager are hyperion, financial performance, and financial analysis.
| Director Of Accounting & Finance | Senior Finance Manager | |
| Yearly salary | $127,871 | $133,358 |
| Hourly rate | $61.48 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 100,209 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| 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 senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Directors of accounting & finance and senior finance managers have different pay scales, as shown below.
| Director Of Accounting & Finance | Senior Finance Manager | |
| Average salary | $127,871 | $133,358 |
| Salary range | Between $88,000 And $184,000 | Between $95,000 And $185,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Fried Frank | Roku |
| Best paying industry | Health Care | Professional |
There are a few differences between a director of accounting & finance and a senior finance manager in terms of educational background:
| Director Of Accounting & Finance | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 68% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of accounting & finance' and senior finance managers' demographics:
| Director Of Accounting & Finance | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 67.1% Female, 32.9% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |