Post job

Finance manager vs director of operations and finance

The differences between finance managers and directors of operations and finance can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance manager, becoming a director of operations and finance takes usually requires 4-6 years. Additionally, a director of operations and finance has an average salary of $118,503, 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 operations and finance are oversight, financial operations, and payroll.

Finance manager vs director of operations and finance overview

Finance ManagerDirector Of Operations And Finance
Yearly salary$101,374$118,503
Hourly rate$48.74$56.97
Growth rate17%6%
Number of jobs125,345186,569
Job satisfaction5-
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 70%
Average age4644
Years of experience86

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 operations and finance do?

A director of operations and finance is in charge of overseeing and spearheading business and financial operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around performing research and analysis to identify the best practices to optimize operations, coordinating with different departments to gather data, conducting research and analysis to identify new business and investment opportunities, and monitoring the progress of various projects and programs. Furthermore, as a director, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

Finance manager vs director of operations and finance salary

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

Finance ManagerDirector Of Operations And Finance
Average salary$101,374$118,503
Salary rangeBetween $71,000 And $144,000Between $77,000 And $181,000
Highest paying CityNew York, NYSan Mateo, CA
Highest paying stateNew YorkNew Jersey
Best paying companyBarclaysPure Storage
Best paying industryFinanceAutomotive

Differences between finance manager and director of operations and finance education

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

Finance ManagerDirector Of Operations And Finance
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance manager vs director of operations and finance demographics

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

Finance ManagerDirector Of Operations And Finance
Average age4644
Gender ratioMale, 60.0% Female, 40.0%Male, 61.7% Female, 38.3%
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage11%10%

Differences between finance manager and director of operations and 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 operations and finance example responsibilities.

  • Achieve record revenue and EBITDA by Q3.
  • Guide the company to utilize ERP to manage the business versus spreadsheets.
  • Oversee SOX and financial controls, managing SOX compliance and reviewing and refining the existing processes.
  • Achieve Medicare certification and JCAHO accreditation without any deficiencies.
  • Manage financial and operational functions of SaaS and hosting provider for deregulate energy markets.
  • Lead firm through a significant build in talent while simultaneously introducing numerous improvements to the process of financial management and oversight.
  • Show more

Finance manager vs director of operations and 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 operations and finance skills
  • Oversight, 6%
  • Financial Operations, 6%
  • Payroll, 5%
  • Human Resources, 4%
  • CPA, 4%
  • Financial Management, 4%

Browse executive management jobs