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Fiscal officer vs finance director

The differences between fiscal officers 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 fiscal officer and a finance director. Additionally, a finance director has an average salary of $118,518, which is higher than the $54,261 average annual salary of a fiscal officer.

The top three skills for a fiscal officer include oversight, payroll taxes and financial management. The most important skills for a finance director are CPA, financial analysis, and payroll.

Fiscal officer vs finance director overview

Fiscal OfficerFinance Director
Yearly salary$54,261$118,518
Hourly rate$26.09$56.98
Growth rate17%17%
Number of jobs56,06490,012
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Average age4646
Years of experience88

Fiscal officer vs finance director salary

Fiscal officers and finance directors have different pay scales, as shown below.

Fiscal OfficerFinance Director
Average salary$54,261$118,518
Salary rangeBetween $37,000 And $78,000Between $76,000 And $183,000
Highest paying CityFairbanks, AKPalo Alto, CA
Highest paying stateCaliforniaCalifornia
Best paying companyEast-West CenterMeta
Best paying industryTechnologyManufacturing

Differences between fiscal officer and finance director education

There are a few differences between a fiscal officer and a finance director in terms of educational background:

Fiscal OfficerFinance Director
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal officer vs finance director demographics

Here are the differences between fiscal officers' and finance directors' demographics:

Fiscal OfficerFinance Director
Average age4646
Gender ratioMale, 38.9% Female, 61.1%Male, 65.1% Female, 34.9%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 13.8% Asian, 9.4% White, 64.5% 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 fiscal officer and finance director duties and responsibilities

Fiscal officer example responsibilities.

  • Manage procurement functions deposits, journals and fund transfers in PeopleSoft for department.
  • Manage A/R of roughly 3 million dollars each fiscal year and disburse into three funding streams.
  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Supervise two employees and the reconciliation of the subsidiary ledgers: A/P, A/R, payroll and all human resource issues.
  • Prepare cash management report and maintain reconciliations and journal entries.
  • Set up district outstanding debt payment ACH wires.
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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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Fiscal officer vs finance director skills

Common fiscal officer skills
  • Oversight, 8%
  • Payroll Taxes, 7%
  • Financial Management, 6%
  • Fiscal Management, 6%
  • Reconciliations, 5%
  • General Ledger, 4%
Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%

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