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The differences between finance directors 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 finance director and a business manager-finance manager. Additionally, a finance director has an average salary of $118,518, which is higher than the $106,036 average annual salary of a business manager-finance manager.
The top three skills for a finance director include CPA, financial analysis and payroll. The most important skills for a business manager-finance manager are financial analysis, project management, and financial management.
| Finance Director | Business Manager-Finance Manager | |
| Yearly salary | $118,518 | $106,036 |
| Hourly rate | $56.98 | $50.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 90,012 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company. Furthermore, a finance director must also devise strategies and recommend innovative methods for financial gains, while in adherence to the organization's policies and regulations.
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.
Finance directors and business manager-finance managers have different pay scales, as shown below.
| Finance Director | Business Manager-Finance Manager | |
| Average salary | $118,518 | $106,036 |
| Salary range | Between $76,000 And $183,000 | Between $73,000 And $152,000 |
| Highest paying City | Palo Alto, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | ZS |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a finance director and a business manager-finance manager in terms of educational background:
| Finance Director | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance directors' and business manager-finance managers' demographics:
| Finance Director | Business Manager-Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 65.1% Female, 34.9% | Male, 58.8% Female, 41.2% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% 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% |