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Finance manager vs director of administration & finance

The differences between finance managers 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 manager and a director of administration & finance. Additionally, a director of administration & finance has an average salary of $109,366, which is higher than the $101,374 average annual salary of a finance manager.

The top three skills for a finance manager include financial analysis, CPA and customer service. The most important skills for a director of administration & finance are payroll, oversight, and financial management.

Finance manager vs director of administration & finance overview

Finance ManagerDirector Of Administration & Finance
Yearly salary$101,374$109,366
Hourly rate$48.74$52.58
Growth rate17%17%
Number of jobs125,34580,486
Job satisfaction5-
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 69%
Average age4646
Years of experience88

What does a finance manager do?

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.

What does a director of administration & finance do?

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 manager vs director of administration & finance salary

Finance managers and directors of administration & finance have different pay scales, as shown below.

Finance ManagerDirector Of Administration & Finance
Average salary$101,374$109,366
Salary rangeBetween $71,000 And $144,000Between $73,000 And $161,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNevada
Best paying companyBarclaysUCI Health
Best paying industryFinanceHealth Care

Differences between finance manager and director of administration & finance education

There are a few differences between a finance manager and a director of administration & finance in terms of educational background:

Finance ManagerDirector Of Administration & Finance
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 69%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance manager vs director of administration & finance demographics

Here are the differences between finance managers' and directors of administration & finance' demographics:

Finance ManagerDirector Of Administration & Finance
Average age4646
Gender ratioMale, 60.0% Female, 40.0%Male, 55.3% Female, 44.7%
Race ratioBlack 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, 15.0% Asian, 8.4% White, 64.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance manager and director of administration & finance duties and responsibilities

Finance manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Director of administration & finance example responsibilities.

  • Manage payroll and HRIS system administration utilizing ADP and PeopleSoft applications and provide HRIS reports to employees and senior management team.
  • Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
  • Provide organizational cash flow oversight as well as, update and implement inter-departmental policies.
  • Install ADP computerize payroll reporting with electronic tax deposits and federal/state reporting resulting in payroll processing cost savings.
  • Oversee the coordination of employee benefits and office administrative contacts and functions including direct monitoring of payroll processing.
  • Coordinate administrative operations including general oversight of office, computer and other equipment maintenance, and purchasing and vendor contact.
  • Show more

Finance manager vs director of administration & finance skills

Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%
Common director of administration & finance skills
  • Payroll, 12%
  • Oversight, 9%
  • Financial Management, 6%
  • Administrative Functions, 4%
  • Internal Controls, 4%
  • Risk Management, 3%

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