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Finance project manager vs finance director

The differences between finance project managers and finance directors 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 project manager and a finance director. Additionally, a finance director has an average salary of $118,518, which is higher than the $105,050 average annual salary of a finance project manager.

The top three skills for a finance project manager include project management, financial analysis and process improvement. The most important skills for a finance director are CPA, financial analysis, and payroll.

Finance project manager vs finance director overview

Finance Project ManagerFinance Director
Yearly salary$105,050$118,518
Hourly rate$50.50$56.98
Growth rate17%17%
Number of jobs253,61190,012
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does a finance project manager do?

A finance project manager handles the financial analysis of a project management process, including budgeting from the clients' requirements until the forecasting on project revenues. Finance project managers analyze financial statements and account transactions of a company, identifying business opportunities to generate more resources to increase revenue and profits. They create financial reports, recommending cost-reduction techniques to minimize loss while increasing the efficiency of the staff performance, strategizing procedures to maximize productivity, especially on meeting deadlines with high-quality deliverables.

What does a finance director do?

A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company. Furthermore, a finance director must also devise strategies and recommend innovative methods for financial gains, while in adherence to the organization's policies and regulations.

Finance project manager vs finance director salary

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

Finance Project ManagerFinance Director
Average salary$105,050$118,518
Salary rangeBetween $73,000 And $150,000Between $76,000 And $183,000
Highest paying CitySan Francisco, CAPalo Alto, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMetaMeta
Best paying industryTechnologyManufacturing

Differences between finance project manager and finance director education

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

Finance Project ManagerFinance Director
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance project manager vs finance director demographics

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

Finance Project ManagerFinance Director
Average age4646
Gender ratioMale, 63.1% Female, 36.9%Male, 65.1% Female, 34.9%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between finance project manager and finance director duties and responsibilities

Finance project manager example responsibilities.

  • Manage and coordinate all aspect of treasury operations.
  • Manage and implement Hyperion centralize planning/budgeting/forecasting solution.
  • Design all new internal management financial reports during the implementation and develop these reports in the new ERP environment.
  • Team member for ERP and accounting package evaluation and implementation project.
  • Maintain cash and paper flow, including monthly reporting, payroll, and expenses, using QuickBooks.
  • Enhance existing cash flow model and correct Hyperion logic rules as required for acquisitions, disposition and restatements.
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Finance director example responsibilities.

  • Manage treasury functions considering the inflationary situation and changes in economic patterns to minimize any negative impact they may involve.
  • Improve internal controls and operating efficiency by training accountants and converting general ledger reconciliations to GAAP formats.
  • Prepare financial data and footnotes for independent CPA annual audit financial statements.
  • Develop financial models in Hyperion to aggregate sales data and allocate expenses for profitability analysis.
  • Complete Sarbanes-Oxley procedural requirements for entire incentive development, administration and reporting process.
  • Develop an electronic billing capacity and are the first Montana health care provider to bill Medicaid electronically.
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Finance project manager vs finance director skills

Common finance project manager skills
  • Project Management, 18%
  • Financial Analysis, 7%
  • Process Improvement, 4%
  • Financial Systems, 3%
  • Project Plan, 3%
  • Risk Management, 3%
Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%

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