Non profit director vs chief finance officer

The differences between non profit directors and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a non profit director and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $60,580 average annual salary of a non profit director.

The top three skills for a non profit director include financial statements, non-profit organization and community outreach. The most important skills for a chief finance officer are payroll, CPA, and oversight.

Non profit director vs chief finance officer overview

	Non Profit Director	Chief Finance Officer
Yearly salary	$60,580	$143,947
Hourly rate	$29.12	$69.21
Growth rate	6%	6%
Number of jobs	9,996	145,184
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 72%
Average age	52	52
Years of experience	-	-

What does a non profit director do?

Non-Profit Directors oversee hiring, firing, maintaining records, and dealing with compliance, among other administrative duties within a non-profit. Their duties include: running the programs and service to ascertain they are in line with an organization's long-term goals, oversee department heads, direct the fundraising department with setting annual company goals, developing the standards that will be used in service to the organization's targeted group and assist with other departmental function such as accounting.

What does a chief finance officer do?

A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.

Non profit director vs chief finance officer salary

Non profit directors and chief finance officers have different pay scales, as shown below.

	Non Profit Director	Chief Finance Officer
Average salary	$60,580	$143,947
Salary range	Between $32,000 And $113,000	Between $80,000 And $257,000
Highest paying City	-	Washington, DC
Highest paying state	-	California
Best paying company	-	Baker McKenzie
Best paying industry	-	Construction

Differences between non profit director and chief finance officer education

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

	Non Profit Director	Chief Finance Officer
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 72%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Non profit director vs chief finance officer demographics

Here are the differences between non profit directors' and chief finance officers' demographics:

	Non Profit Director	Chief Finance Officer
Average age	52	52
Gender ratio	Male, 44.6% Female, 55.4%	Male, 71.9% Female, 28.1%
Race ratio	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.9% American Indian and Alaska Native, 0.6%	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between non profit director and chief finance officer duties and responsibilities

Non profit director example responsibilities.

Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
Increase ticket sales via implementation of Facebook ads.
Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
Provide overall leadership of staff in the development and implementation of short and long range plans and other activities.
Provide strategic and tactical leadership to other loan officers.
Assist in launching an initiative to lobby the Kansas legislators and other elect officials to increase Medicaid reimbursement for assist living.

Chief finance officer example responsibilities.

Lead management team in developing and executing a combination of pricing and cost savings strategies that improve EBITDA more than threefold.
Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
Lead system conversion to Hyperion planning budgeting/forecasting software, responsible for training, developing and implementation.
Manage all firm banking relationships, treasury functions and retain signatory authority for all partnership and corporate accounts.
Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
Prepare annual general ledger reconciliations and consolidate financial reports for CPA tax preparation.

Non profit director vs chief finance officer skills

Common non profit director skills

Financial Statements, 15%
Non-Profit Organization, 14%
Community Outreach, 11%
Community Organizations, 6%
Event Planning, 6%
Ministry, 5%

Common chief finance officer skills

Payroll, 7%
CPA, 6%
Oversight, 5%
Financial Reports, 4%
Human Resources, 4%
Internal Controls, 4%

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Non Profit Director
Non Profit Director vs Chief Finance Officer

Updated January 8, 2025

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