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The differences between managing directors and directors of operations and finance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a managing director and a director of operations and finance. Additionally, a managing director has an average salary of $129,690, which is higher than the $118,503 average annual salary of a director of operations and finance.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for a director of operations and finance are oversight, financial operations, and payroll.
| Managing Director | Director Of Operations And Finance | |
| Yearly salary | $129,690 | $118,503 |
| Hourly rate | $62.35 | $56.97 |
| Growth rate | 6% | 6% |
| Number of jobs | 81,022 | 186,569 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 70% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.
A director of operations and finance is in charge of overseeing and spearheading business and financial operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around performing research and analysis to identify the best practices to optimize operations, coordinating with different departments to gather data, conducting research and analysis to identify new business and investment opportunities, and monitoring the progress of various projects and programs. Furthermore, as a director, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Managing directors and directors of operations and finance have different pay scales, as shown below.
| Managing Director | Director Of Operations And Finance | |
| Average salary | $129,690 | $118,503 |
| Salary range | Between $72,000 And $233,000 | Between $77,000 And $181,000 |
| Highest paying City | New York, NY | San Mateo, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | Pure Storage |
| Best paying industry | Finance | Automotive |
There are a few differences between a managing director and a director of operations and finance in terms of educational background:
| Managing Director | Director Of Operations And Finance | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managing directors' and directors of operations and finance' demographics:
| Managing Director | Director Of Operations And Finance | |
| Average age | 44 | 44 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 61.7% Female, 38.3% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |