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Finance responsibility division director vs division director

The differences between finance responsibility division directors and division directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a finance responsibility division director, becoming a division director takes usually requires 4-6 years. Additionally, a finance responsibility division director has an average salary of $138,200, which is higher than the $120,757 average annual salary of a division director.

The top three skills for a finance responsibility division director include financial management, financial analysis and direct reports. The most important skills for a division director are client relationships, business development, and customer service.

Finance responsibility division director vs division director overview

Finance Responsibility Division DirectorDivision Director
Yearly salary$138,200$120,757
Hourly rate$66.44$58.06
Growth rate6%6%
Number of jobs74,37063,545
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 67%
Average age5244
Years of experience-6

Finance responsibility division director vs division director salary

Finance responsibility division directors and division directors have different pay scales, as shown below.

Finance Responsibility Division DirectorDivision Director
Average salary$138,200$120,757
Salary rangeBetween $101,000 And $188,000Between $68,000 And $213,000
Highest paying City-Albany, NY
Highest paying state-Rhode Island
Best paying company-Mayo Clinic
Best paying industry-Finance

Differences between finance responsibility division director and division director education

There are a few differences between a finance responsibility division director and a division director in terms of educational background:

Finance Responsibility Division DirectorDivision Director
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 67%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance responsibility division director vs division director demographics

Here are the differences between finance responsibility division directors' and division directors' demographics:

Finance Responsibility Division DirectorDivision Director
Average age5244
Gender ratioMale, 72.4% Female, 27.6%Male, 61.7% Female, 38.3%
Race ratioBlack or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage12%10%

Differences between finance responsibility division director and division director duties and responsibilities

Finance responsibility division director example responsibilities.

  • Manage a staff of 14 FTE at headquarters and 26 FTE in remote locations serving a total of ~ 200 FTE.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Implement corporate ERP throughout international locations.
  • Implement ERP system for an FDA regulate manufacturing operation and start implementation process of an integrate document control system.
  • Provide decision-support analysis on projects and initiatives including approval recommendations for ROI on capital spending requests and key initiatives as needed.
  • Prepare year-end audit materials including tax packages, annual operating budget and quarterly/annual SOX testing.
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Division director example responsibilities.

  • Lead preparation of financial briefings for local and HQ.
  • Lead in-sourcing efforts to ensure a smooth transition between key components, OSD, and AF.
  • Manage system implementation, accounting, financial analysis, oversight of premium financing programs, and reinsurance acquisition.
  • Protect valuable banking, insurance and healthcare customer relationships while managing client global communication needs and adhering to regulatory compliance standards.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
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Finance responsibility division director vs division director skills

Common finance responsibility division director skills
  • Financial Management, 19%
  • Financial Analysis, 12%
  • Direct Reports, 11%
  • Financial Statements, 10%
  • Financial Models, 6%
  • Financial Operations, 6%
Common division director skills
  • Client Relationships, 18%
  • Business Development, 13%
  • Customer Service, 10%
  • Healthcare, 8%
  • Oversight, 6%
  • Patients, 5%

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