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Director of administration & finance vs business manager-finance manager

The differences between directors of administration & finance and business manager-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 administration & finance and a business manager-finance manager. Additionally, a director of administration & finance has an average salary of $109,366, which is higher than the $106,036 average annual salary of a business manager-finance manager.

The top three skills for a director of administration & finance include payroll, oversight and financial management. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.

Director of administration & finance vs business manager-finance manager overview

Director Of Administration & FinanceBusiness Manager-Finance Manager
Yearly salary$109,366$106,036
Hourly rate$52.58$50.98
Growth rate17%17%
Number of jobs80,486180,161
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Average age4646
Years of experience88

What does a director of administration & finance do?

A director of administration & finance oversees and directs an organization's administration and finance department, ensuring operations run smoothly and efficiently according to company standards and regulations. It is their duty to set goals and guidelines, lead the research and development efforts, establish procedures, manage the budgets and costs, review and evaluate financial reports, and implement the organizations' policies and standards. Moreover, a director of administration & finance leads staff and supervises all operations, solving issues and concerns if any would arise.

What does a business manager-finance manager do?

A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.

Director of administration & finance vs business manager-finance manager salary

Directors of administration & finance and business manager-finance managers have different pay scales, as shown below.

Director Of Administration & FinanceBusiness Manager-Finance Manager
Average salary$109,366$106,036
Salary rangeBetween $73,000 And $161,000Between $73,000 And $152,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNevadaCalifornia
Best paying companyUCI HealthZS
Best paying industryHealth CareFinance

Differences between director of administration & finance and business manager-finance manager education

There are a few differences between a director of administration & finance and a business manager-finance manager in terms of educational background:

Director Of Administration & FinanceBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 64%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Director of administration & finance vs business manager-finance manager demographics

Here are the differences between directors of administration & finance' and business manager-finance managers' demographics:

Director Of Administration & FinanceBusiness Manager-Finance Manager
Average age4646
Gender ratioMale, 55.3% Female, 44.7%Male, 58.8% Female, 41.2%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between director of administration & finance and business manager-finance manager duties and responsibilities

Director of administration & finance example responsibilities.

  • Manage payroll and HRIS system administration utilizing ADP and PeopleSoft applications and provide HRIS reports to employees and senior management team.
  • Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
  • Provide organizational cash flow oversight as well as, update and implement inter-departmental policies.
  • Install ADP computerize payroll reporting with electronic tax deposits and federal/state reporting resulting in payroll processing cost savings.
  • Oversee the coordination of employee benefits and office administrative contacts and functions including direct monitoring of payroll processing.
  • Coordinate administrative operations including general oversight of office, computer and other equipment maintenance, and purchasing and vendor contact.
  • Show more

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
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Director of administration & finance vs business manager-finance manager skills

Common director of administration & finance skills
  • Payroll, 12%
  • Oversight, 9%
  • Financial Management, 6%
  • Administrative Functions, 4%
  • Internal Controls, 4%
  • Risk Management, 3%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

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