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Director of administration & finance hiring summary. Here are some key points about hiring directors of administration & finance in the United States:
Here's a step-by-step director of administration & finance hiring guide:
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.
First, determine the employments status of the director of administration & finance you need to hire. Certain director of administration & finance roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect director of administration & finance also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents director of administration & finance salaries for various positions.
| Type of Director Of Administration & Finance | Description | Hourly rate |
|---|---|---|
| Director Of Administration & Finance | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $35-77 |
| Controller, Vice President | A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll. | $52-113 |
| Finance Vice President | The vice president of finance is one of the highest-ranking executives in a company. He/She or she works under the chief financial officer, and both have similar duties that are often interchangeable... Show more | $47-106 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $119,927 | $58 |
| 2 | Illinois | $118,181 | $57 |
| 3 | New York | $117,088 | $56 |
| 4 | Connecticut | $115,746 | $56 |
| 5 | Florida | $114,930 | $55 |
| 6 | Virginia | $113,004 | $54 |
| 7 | Massachusetts | $112,890 | $54 |
| 8 | District of Columbia | $110,394 | $53 |
| 9 | Washington | $109,426 | $53 |
| 10 | Colorado | $102,671 | $49 |
| 11 | Texas | $102,030 | $49 |
| 12 | Utah | $101,658 | $49 |
| 13 | Arizona | $100,932 | $49 |
| 14 | South Carolina | $100,477 | $48 |
| 15 | Michigan | $98,503 | $47 |
| 16 | Maryland | $98,469 | $47 |
| 17 | Pennsylvania | $95,944 | $46 |
| 18 | Missouri | $89,873 | $43 |
| 19 | Mississippi | $86,121 | $41 |
| 20 | Georgia | $84,372 | $41 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | UCI Health | $150,073 | $72.15 | |
| 2 | University of Washington | $138,204 | $66.44 | 5 |
| 3 | alternatives | $136,393 | $65.57 | |
| 4 | Harvard University | $133,804 | $64.33 | |
| 5 | Morehouse School of Medicine | $132,749 | $63.82 | |
| 6 | Columbia University in the City of New York | $125,415 | $60.30 | 8 |
| 7 | Univ Of Colorado-Colorado Spgs | $121,228 | $58.28 | |
| 8 | Allstate | $120,870 | $58.11 | 27 |
| 9 | Crowley Holdings Inc. | $120,853 | $58.10 | |
| 10 | City of Sunrise | $119,997 | $57.69 | 1 |
| 11 | University of Mississippi Medical Center | $118,733 | $57.08 | 1 |
| 12 | Humane Society of Chittenden County | $117,967 | $56.71 | |
| 13 | Addison Group | $117,305 | $56.40 | 9 |
| 14 | Omni Health Inc | $117,019 | $56.26 | |
| 15 | The-Panther-Group | $117,009 | $56.25 | |
| 16 | UC Santa Barbara | $115,322 | $55.44 | |
| 17 | University of Massachusetts Amherst | $115,031 | $55.30 | 2 |
| 18 | Winrock International | $112,067 | $53.88 | 2 |
| 19 | Liberty Utilities | $106,830 | $51.36 | |
| 20 | Aleut | $106,772 | $51.33 |
A good director of administration & finance job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a director of administration & finance job description:
There are various strategies that you can use to find the right director of administration & finance for your business:
To successfully recruit directors of administration & finance, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the director of administration & finance candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new director of administration & finance. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire directors of administration & finance, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire directors of administration & finance pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Directors of administration & finance earn a median yearly salary is $109,366 a year in the US. However, if you're looking to find directors of administration & finance for hire on a contract or per-project basis, hourly rates typically range between $35 and $77.