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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 | Finance Director | |
| Yearly salary | $108,910 | $118,518 |
| Hourly rate | $52.36 | $56.98 |
| Growth rate | 17% | 17% |
| Number of jobs | 131,784 | 90,012 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 managers and finance directors have different pay scales, as shown below.
| Regional Finance Manager | Finance Director | |
| Average salary | $108,910 | $118,518 |
| Salary range | Between $68,000 And $174,000 | Between $76,000 And $183,000 |
| Highest paying City | Reno, NV | Palo Alto, CA |
| Highest paying state | Alaska | California |
| Best paying company | Clean Harbors | Meta |
| Best paying industry | Construction | Manufacturing |
There are a few differences between a regional finance manager and a finance director in terms of educational background:
| Regional Finance Manager | Finance Director | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between regional finance managers' and finance directors' demographics:
| Regional Finance Manager | Finance Director | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.0% Female, 30.0% | Male, 65.1% Female, 34.9% |
| Race ratio | Black 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 Percentage | 11% | 11% |