A director of operations and finance makes sure that a business's money flows smoothly by overseeing operations and financial transactions. The director of operations and finance spends much of their time developing financial revenue procedures and identifying new opportunities for their company to grow. They are also in charge of administrative processes such as installing new SaaS software and tracking payroll data to ensure that the organization is complying with their budget. Luckily, the director of operations and finance does not have to do all of this work alone because they supervise a whole team of accountants, operations managers, and other professionals.
The job of a director of operations and finance is a lucrative one, with an average salary of $117,482. However, directors must earn their position through many years of hard work. They usually need several years of management experience.
Most directors of operations and finance have at least a bachelor's degree in business. Many also earn a master's degree or CPA certification.
There is more than meets the eye when it comes to being a director of operations and finance. For example, did you know that they make an average of $65.15 an hour? That's $135,504 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many directors of operations and finance have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, management skills and problem-solving skills.
When it comes to the most important skills required to be a director of operations and finance, we found that a lot of resumes listed 17.0% of directors of operations and finance included financial statements, while 5.6% of resumes included oversight, and 5.0% of resumes included ensure compliance. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the director of operations and finance job title. But what industry to start with? Most directors of operations and finance actually find jobs in the health care and technology industries.
If you're interested in becoming a director of operations and finance, one of the first things to consider is how much education you need. We've determined that 66.5% of directors of operations and finance have a bachelor's degree. In terms of higher education levels, we found that 21.3% of directors of operations and finance have master's degrees. Even though most directors of operations and finance have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a director of operations and finance. When we researched the most common majors for a director of operations and finance, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on director of operations and finance resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a director of operations and finance. In fact, many director of operations and finance jobs require experience in a role such as controller. Meanwhile, many directors of operations and finance also have previous career experience in roles such as finance director or finance manager.