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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 | Assistant Director Of Finance | |
| Yearly salary | $70,219 | $71,057 |
| Hourly rate | $33.76 | $34.16 |
| Growth rate | 17% | 17% |
| Number of jobs | 143,820 | 98,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 specialists and assistant directors of finance have different pay scales, as shown below.
| Finance Management Specialist | Assistant Director Of Finance | |
| Average salary | $70,219 | $71,057 |
| Salary range | Between $48,000 And $101,000 | Between $46,000 And $109,000 |
| Highest paying City | Washington, DC | Oakland, CA |
| Highest paying state | New York | New York |
| Best paying company | PayPal | UCI Health |
| Best paying industry | Government | Utilities |
There are a few differences between a finance management specialist and an assistant director of finance in terms of educational background:
| Finance Management Specialist | Assistant Director Of Finance | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance management specialists' and assistant directors of finance' demographics:
| Finance Management Specialist | Assistant Director Of Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.1% Female, 47.9% | Male, 46.7% Female, 53.3% |
| Race ratio | Black 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 Percentage | 11% | 11% |