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Regional finance manager vs finance director

The differences between regional finance managers 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 regional finance manager and a finance director. Additionally, a finance director has an average salary of $118,518, which is higher than the $108,910 average annual salary of a regional finance manager.

The top three skills for a regional finance manager include financial analysis, hyperion and close process. The most important skills for a finance director are CPA, financial analysis, and payroll.

Regional finance manager vs finance director overview

Regional Finance ManagerFinance Director
Yearly salary$108,910$118,518
Hourly rate$52.36$56.98
Growth rate17%17%
Number of jobs131,78490,012
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Average age4646
Years of experience88

What does a regional finance manager do?

A regional finance manager oversees the financial activities of a company's branches within a region. Among their responsibilities include coordinating with different departments, liaising with internal and external parties, gathering and analyzing financial data, producing financial statements and forecasts, and presenting reports to the executives. They must also perform audits and assessments, review financial contracts and transactions, and develop tools and systems to optimize operations. Moreover, as a regional finance manager, it is essential to lead and encourage the workforce to reach goals while implementing the company's policies and regulations.

What does a finance director do?

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.

Regional finance manager vs finance director salary

Regional finance managers and finance directors have different pay scales, as shown below.

Regional Finance ManagerFinance Director
Average salary$108,910$118,518
Salary rangeBetween $68,000 And $174,000Between $76,000 And $183,000
Highest paying CityReno, NVPalo Alto, CA
Highest paying stateAlaskaCalifornia
Best paying companyClean HarborsMeta
Best paying industryConstructionManufacturing

Differences between regional finance manager and finance director education

There are a few differences between a regional finance manager and a finance director in terms of educational background:

Regional Finance ManagerFinance Director
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Regional finance manager vs finance director demographics

Here are the differences between regional finance managers' and finance directors' demographics:

Regional Finance ManagerFinance Director
Average age4646
Gender ratioMale, 70.0% Female, 30.0%Male, 65.1% Female, 34.9%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.8% White, 63.8% 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 regional finance manager and finance director duties and responsibilities

Regional finance manager example responsibilities.

  • Manage and review the monthly financial reconciliations relate to various revenue sources for each health plans, budget, and forecasts.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Plan and conduct balance sheet and control reviews to enforce SOX compliance and mentore controllers to drive optimal financial reporting.
  • Calculate and analyze ROI on capital investments, inclusive of potential new stores and markets.
  • Provide ROI training & post-audit reviews of retailer promotions, ensuring only profitable initiatives are pursued.
  • Analyze and report period end financials for in Hyperion for all divisions to local management and corporate.
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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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Regional finance manager vs finance director skills

Common regional finance manager skills
  • Financial Analysis, 17%
  • Hyperion, 4%
  • Close Process, 4%
  • Payroll, 4%
  • Financial Support, 4%
  • Financial Management, 3%
Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%

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