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The differences between managers/finance accounting 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 manager/finance accounting and a finance director. Additionally, a finance director has an average salary of $118,518, 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 finance director are CPA, financial analysis, and payroll.
| Manager/Finance Accounting | Finance Director | |
| Yearly salary | $91,315 | $118,518 |
| Hourly rate | $43.90 | $56.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 132,824 | 90,012 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| 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 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.
Managers/finance accounting and finance directors have different pay scales, as shown below.
| Manager/Finance Accounting | Finance Director | |
| Average salary | $91,315 | $118,518 |
| Salary range | Between $65,000 And $127,000 | Between $76,000 And $183,000 |
| Highest paying City | New York, NY | Palo Alto, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Mayo Clinic | Meta |
| Best paying industry | Government | Manufacturing |
There are a few differences between a manager/finance accounting and a finance director in terms of educational background:
| Manager/Finance Accounting | Finance Director | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers/finance accounting' and finance directors' demographics:
| Manager/Finance Accounting | Finance Director | |
| Average age | 46 | 46 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 65.1% Female, 34.9% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |