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.
What is a Director Of Operations And Finance?
What Does a Director Of Operations And Finance Do
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.
How To Become a Director Of Operations And Finance
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 70.0% of directors of operations and finance have a bachelor's degree. In terms of higher education levels, we found that 22.4% of directors of operations and finance have master's degrees. Even though most directors of operations and finance have a college degree, it's impossible to become one with only a high school degree or GED.
Director Of Operations And Finance Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a director of operations and finance can determine their career goals through the career progression. For example, they could start out with a role such as chief finance officer, progress to a title such as chief finance and operating officer and then eventually end up with the title chief finance and operating officer.
Average Salary for a Director Of Operations And Finance
What Am I Worth?
States With The Most Director Of Operations And Finance Jobs
Mouse over a state to see the number of active director of operations and finance jobs in each state. The darker areas on the map show where directors of operations and finance earn the highest salaries across all 50 states.
Number Of Director Of Operations And Finance Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 7,583 | $141,171 |
| 2 | Texas | 5,473 | $91,059 |
| 3 | Florida | 4,600 | $91,266 |
| 4 | New York | 3,214 | $135,527 |
| 5 | Pennsylvania | 2,848 | $91,478 |
| 6 | Illinois | 2,839 | $92,956 |
| 7 | Georgia | 2,786 | $96,776 |
| 8 | Massachusetts | 2,411 | $100,336 |
| 9 | Washington | 2,280 | $109,693 |
| 10 | Ohio | 2,177 | $101,071 |
| 11 | Virginia | 1,999 | $109,404 |
| 12 | Minnesota | 1,725 | $103,823 |
| 13 | Michigan | 1,710 | $112,063 |
| 14 | North Carolina | 1,673 | $110,654 |
| 15 | New Jersey | 1,586 | $145,625 |
| 16 | Indiana | 1,565 | $90,186 |
| 17 | Wisconsin | 1,481 | $116,051 |
| 18 | South Carolina | 1,392 | $83,898 |
| 19 | Alabama | 1,362 | $97,806 |
| 20 | Tennessee | 1,336 | $99,914 |
| 21 | Missouri | 1,263 | $96,657 |
| 22 | Maryland | 1,261 | $114,901 |
| 23 | Oregon | 1,194 | $90,133 |
| 24 | Colorado | 1,167 | $104,197 |
| 25 | Arizona | 1,147 | $114,791 |
| 26 | Utah | 1,119 | $82,325 |
| 27 | Louisiana | 1,084 | $90,875 |
| 28 | Kentucky | 845 | $67,175 |
| 29 | Connecticut | 790 | $141,648 |
| 30 | Iowa | 754 | $87,241 |
| 31 | Oklahoma | 736 | $74,449 |
| 32 | Kansas | 515 | $88,953 |
| 33 | Nevada | 493 | $103,480 |
| 34 | Nebraska | 490 | $86,719 |
| 35 | Arkansas | 490 | $81,820 |
| 36 | Mississippi | 472 | $79,244 |
| 37 | West Virginia | 471 | $84,626 |
| 38 | Idaho | 423 | $82,037 |
| 39 | South Dakota | 358 | $104,960 |
| 40 | Rhode Island | 351 | $121,001 |
| 41 | Delaware | 324 | $109,415 |
| 42 | New Mexico | 316 | $87,807 |
| 43 | Maine | 303 | $98,049 |
| 44 | Hawaii | 286 | $105,815 |
| 45 | New Hampshire | 244 | $87,991 |
| 46 | Montana | 197 | $74,792 |
| 47 | Alaska | 194 | $82,873 |
| 48 | Wyoming | 181 | $73,280 |
| 49 | North Dakota | 149 | $86,770 |
| 50 | Vermont | 132 | $81,878 |
Top Colleges for Director Of Operations And Finances
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. New York University
New York, NY • Private
5. University of Texas at Austin
Austin, TX • Private
6. Pennsylvania State University
University Park, PA • Private
7. Northeastern University
Boston, MA • Private
8. SUNY at Binghamton
Vestal, NY • Private
9. Lehigh University
Bethlehem, PA • Private
10. Bentley University
Waltham, MA • Private
Top Skills For a Director Of Operations And Finance
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 6.5% of directors of operations and finance listed oversight on their resume, but soft skills such as leadership skills and management skills are important as well.
Choose From 10+ Customizable Director Of Operations And Finance Resume templates
Zippia allows you to choose from different easy-to-use Director Of Operations And Finance templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Director Of Operations And Finance resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Director Of Operations And Finance Demographics
Director Of Operations And Finance Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among directors of operations and finance, 38.3% of them are women, while 61.7% are men.
- The most common race/ethnicity among directors of operations and finance is White, which makes up 70.9% of all directors of operations and finance.
- The most common foreign language among directors of operations and finance is Spanish at 40.9%.
Work Experience Programs For Director Of Operations And Finances
Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!
Company: Ashurst UK
Cost: Free
Duration: 4-5 hours
Company: Accenture UK
Cost: Free
Duration: 5.75-8 hours
Company: Linklaters Hong Kong SAR
Cost: Free
Duration: 6-7 hours
Company: NSW Government Virtual Program
Cost: Free
Duration: 1-2 hours
Company: Clifford Chance
Cost: Free
Duration: 7.5-8.5 hours
Online Courses For Director Of Operations And Finance That You May Like
Learn the audit process from planning to audit report form a Certified Public Accountant (CPA)...
A practical guide that will help you understand financial statements & do financial analyses during consulting projects...
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
Best States For a Director Of Operations And Finance
Some places are better than others when it comes to starting a career as a director of operations and finance. The best states for people in this position are New Jersey, Connecticut, California, and New York. Directors of operations and finance make the most in New Jersey with an average salary of $145,625. Whereas in Connecticut and California, they would average $141,648 and $141,171, respectively. While directors of operations and finance would only make an average of $135,527 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Rhode Island
$121,001
Avg. Salary
2. California
$141,171
Avg. Salary
3. District of Columbia
$135,641
Avg. Salary
How Do Director Of Operations And Finance Rate Their Jobs?
Top Director Of Operations And Finance Employers
Most Common Employers For Director Of Operations And Finance
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | $168,432 | $80.98 | 4 | |
| 2 | Walmart | $164,414 | $79.05 | 6 |
| 3 | Novartis | $157,294 | $75.62 | 5 |
| 4 | Intuit | $144,849 | $69.64 | 4 |
| 5 | Jefferson Wells USA | $144,282 | $69.37 | 6 |
| 6 | Northwestern Mutual | $139,354 | $67.00 | 6 |
| 7 | Texas Instruments | $132,986 | $63.94 | 4 |
| 8 | SCA Health | $132,660 | $63.78 | 5 |
| 9 | Robert Half | $129,185 | $62.11 | 10 |
| 10 | himagine solutions | $128,199 | $61.63 | 5 |
Director Of Operations And Finance Videos
