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Finance responsibility division director vs finance director

The differences between finance responsibility division directors and finance 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 finance director takes usually requires 6-8 years. Additionally, a finance responsibility division director has an average salary of $138,200, which is higher than the $118,518 average annual salary of a finance 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 finance director are CPA, financial analysis, and payroll.

Finance responsibility division director vs finance director overview

Finance Responsibility Division DirectorFinance Director
Yearly salary$138,200$118,518
Hourly rate$66.44$56.98
Growth rate6%17%
Number of jobs74,37090,012
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Average age5246
Years of experience-8

Finance responsibility division director vs finance director salary

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

Finance Responsibility Division DirectorFinance Director
Average salary$138,200$118,518
Salary rangeBetween $101,000 And $188,000Between $76,000 And $183,000
Highest paying City-Palo Alto, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Manufacturing

Differences between finance responsibility division director and finance director education

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

Finance Responsibility Division DirectorFinance Director
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance responsibility division director vs finance director demographics

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

Finance Responsibility Division DirectorFinance Director
Average age5246
Gender ratioMale, 72.4% Female, 27.6%Male, 65.1% Female, 34.9%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage12%11%

Differences between finance responsibility division director and finance 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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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 responsibility division director vs finance 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 finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%

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