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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 | Business Manager-Finance Manager | |
| Yearly salary | $109,366 | $106,036 |
| Hourly rate | $52.58 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 80,486 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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.
Directors of administration & finance and business manager-finance managers have different pay scales, as shown below.
| Director Of Administration & Finance | Business Manager-Finance Manager | |
| Average salary | $109,366 | $106,036 |
| Salary range | Between $73,000 And $161,000 | Between $73,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Nevada | California |
| Best paying company | UCI Health | ZS |
| Best paying industry | Health Care | Finance |
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 & Finance | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of administration & finance' and business manager-finance managers' demographics:
| Director Of Administration & Finance | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 55.3% Female, 44.7% | Male, 58.8% Female, 41.2% |
| Race ratio | Black 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 Percentage | 11% | 11% |