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The differences between finance managers 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 manager and an assistant director of finance. Additionally, a finance manager has an average salary of $101,374, which is higher than the $71,057 average annual salary of an assistant director of finance.
The top three skills for a finance manager include financial analysis, CPA and customer service. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.
| Finance Manager | Assistant Director Of Finance | |
| Yearly salary | $101,374 | $71,057 |
| Hourly rate | $48.74 | $34.16 |
| Growth rate | 17% | 17% |
| Number of jobs | 125,345 | 98,892 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
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 managers and assistant directors of finance have different pay scales, as shown below.
| Finance Manager | Assistant Director Of Finance | |
| Average salary | $101,374 | $71,057 |
| Salary range | Between $71,000 And $144,000 | Between $46,000 And $109,000 |
| Highest paying City | New York, NY | Oakland, CA |
| Highest paying state | New York | New York |
| Best paying company | Barclays | UCI Health |
| Best paying industry | Finance | Utilities |
There are a few differences between a finance manager and an assistant director of finance in terms of educational background:
| Finance Manager | Assistant Director Of Finance | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance managers' and assistant directors of finance' demographics:
| Finance Manager | Assistant Director Of Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 60.0% Female, 40.0% | Male, 46.7% Female, 53.3% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% 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% |