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The differences between managers/finance accounting and directors of accounting & finance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a manager/finance accounting and a director of accounting & finance. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $91,315 average annual salary of a manager/finance accounting.
The top three skills for a manager/finance accounting include customer service, CPA and GAAP. The most important skills for a director of accounting & finance are CPA, GAAP, and internal controls.
| Manager/Finance Accounting | Director Of Accounting & Finance | |
| Yearly salary | $91,315 | $127,871 |
| Hourly rate | $43.90 | $61.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 132,824 | 100,209 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A manager of finance accounting's role is to oversee the financial activities in a company or organization. Their responsibilities revolve around coordinating with other departments to gather financial data, analyze the revenues and expenditures, and develop written reports and presentations. A manager of finance accounting must also maintain accurate financial records, identify any errors or inconsistencies, and perform support tasks for staff when necessary. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
A director of accounting and finance is in charge of overseeing all financial activities and decisions in a company and supervising its workforce. Their responsibilities revolve around spearheading the development of financial plans and strategies, coordinating with analysts and consultants, gathering and analyzing financial data, and reporting all sales progress to executives through documents and presentations. They must also set goals and objectives, allocate budgets to different departments, prepare comprehensive sales forecasts, and lead employees while implementing the company's policies and regulations.
Managers/finance accounting and directors of accounting & finance have different pay scales, as shown below.
| Manager/Finance Accounting | Director Of Accounting & Finance | |
| Average salary | $91,315 | $127,871 |
| Salary range | Between $65,000 And $127,000 | Between $88,000 And $184,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | Mayo Clinic | Fried Frank |
| Best paying industry | Government | Health Care |
There are a few differences between a manager/finance accounting and a director of accounting & finance in terms of educational background:
| Manager/Finance Accounting | Director Of Accounting & Finance | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers/finance accounting' and directors of accounting & finance' demographics:
| Manager/Finance Accounting | Director Of Accounting & Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 67.1% Female, 32.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |