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The differences between finance directors and directors of administration & finance 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 director of administration & finance. Additionally, a finance director has an average salary of $118,518, which is higher than the $109,366 average annual salary of a director of administration & finance.
The top three skills for a finance director include CPA, financial analysis and payroll. The most important skills for a director of administration & finance are payroll, oversight, and financial management.
| Finance Director | Director Of Administration & Finance | |
| Yearly salary | $118,518 | $109,366 |
| Hourly rate | $56.98 | $52.58 |
| Growth rate | 17% | 17% |
| Number of jobs | 90,012 | 80,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| 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 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.
Finance directors and directors of administration & finance have different pay scales, as shown below.
| Finance Director | Director Of Administration & Finance | |
| Average salary | $118,518 | $109,366 |
| Salary range | Between $76,000 And $183,000 | Between $73,000 And $161,000 |
| Highest paying City | Palo Alto, CA | San Francisco, CA |
| Highest paying state | California | Nevada |
| Best paying company | Meta | UCI Health |
| Best paying industry | Manufacturing | Health Care |
There are a few differences between a finance director and a director of administration & finance in terms of educational background:
| Finance Director | Director Of Administration & Finance | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance directors' and directors of administration & finance' demographics:
| Finance Director | Director Of Administration & Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 65.1% Female, 34.9% | Male, 55.3% Female, 44.7% |
| 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, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |