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Finance management specialist vs assistant director of finance

The differences between finance management specialists and assistant directors of 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 management specialist and an assistant director of finance. Additionally, an assistant director of finance has an average salary of $71,057, which is higher than the $70,219 average annual salary of a finance management specialist.

The top three skills for a finance management specialist include financial resources, financial reports and financial data. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.

Finance management specialist vs assistant director of finance overview

Finance Management SpecialistAssistant Director Of Finance
Yearly salary$70,219$71,057
Hourly rate$33.76$34.16
Growth rate17%17%
Number of jobs143,82098,892
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a finance management specialist do?

A finance management specialist is in charge of overseeing and managing a company's financial activities, ensuring accuracy and smooth workflow. They typically coordinate with different departments to gather accurate data, manage budgets and schedules, prepare cost and budget reports, and assess existing procedures to identify areas needing improvement. They must also maintain extensive records, produce sales forecasts, and participate in creating financial goals and objectives. Furthermore, as a finance management specialist, it is essential to develop strategies to optimize financial operations, all while implementing the company's policies and regulations.

What does an assistant director of finance do?

An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.

Finance management specialist vs assistant director of finance salary

Finance management specialists and assistant directors of finance have different pay scales, as shown below.

Finance Management SpecialistAssistant Director Of Finance
Average salary$70,219$71,057
Salary rangeBetween $48,000 And $101,000Between $46,000 And $109,000
Highest paying CityWashington, DCOakland, CA
Highest paying stateNew YorkNew York
Best paying companyPayPalUCI Health
Best paying industryGovernmentUtilities

Differences between finance management specialist and assistant director of finance education

There are a few differences between a finance management specialist and an assistant director of finance in terms of educational background:

Finance Management SpecialistAssistant Director Of Finance
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance management specialist vs assistant director of finance demographics

Here are the differences between finance management specialists' and assistant directors of finance' demographics:

Finance Management SpecialistAssistant Director Of Finance
Average age4646
Gender ratioMale, 52.1% Female, 47.9%Male, 46.7% Female, 53.3%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance management specialist and assistant director of finance duties and responsibilities

Finance management specialist example responsibilities.

  • Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
  • Project team member on ERP implementations for several clients.
  • Execute and, validate all credit card purchases in ERP and with DFAS.
  • Process incoming checks from employees & other outside sources for deposit to the U.S. Treasury.
  • Ensure GAAP compliance in revenue recognition, forecasting, internal account structure management, reporting & analysis.
  • Prepare monthly, quarterly, and annual forecasts including trend/margin analysis, and ensuring proper GAAP revenue recognition.
  • Show more

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
  • Show more

Finance management specialist vs assistant director of finance skills

Common finance management specialist skills
  • Financial Resources, 10%
  • Financial Reports, 7%
  • Financial Data, 6%
  • Budget Formulation, 6%
  • Budget Execution, 5%
  • Financial Management Systems, 5%
Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%

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