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Senior director of finance vs assistant director of finance

The differences between senior directors of finance and assistant directors of finance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a senior director of finance and an assistant director of finance. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $71,057 average annual salary of an assistant director of finance.

The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for an assistant director of finance are customer service, payroll, and reconciliations.

Senior director of finance vs assistant director of finance overview

Senior Director Of FinanceAssistant Director Of Finance
Yearly salary$137,505$71,057
Hourly rate$66.11$34.16
Growth rate17%17%
Number of jobs98,47098,892
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a senior director of finance do?

The senior director of finance is responsible for the company's financial wellness. Finance directors are constituents of the senior executive team that incorporate operational and strategic roles, maintain accounting and financial control functions, and set up a financial strategy for the continued profitable growth of the business. Their responsibilities include supervising financial operations, managing and providing ongoing training to accounting personnel, and conducting the weekly and monthly financial evaluation. Also, the director will initiate budgets, allocate funds for capital projects, create annual financial plans and projections, as well as conduct an evaluation of financial risks and benefits on a business enterprise.

What does an assistant director of finance do?

An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.

Senior director of finance vs assistant director of finance salary

Senior directors of finance and assistant directors of finance have different pay scales, as shown below.

Senior Director Of FinanceAssistant Director Of Finance
Average salary$137,505$71,057
Salary rangeBetween $88,000 And $212,000Between $46,000 And $109,000
Highest paying CityFoster City, CAOakland, CA
Highest paying stateCaliforniaNew York
Best paying companyMayo ClinicUCI Health
Best paying industryPharmaceuticalUtilities

Differences between senior director of finance and assistant director of finance education

There are a few differences between a senior director of finance and an assistant director of finance in terms of educational background:

Senior Director Of FinanceAssistant Director Of Finance
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior director of finance vs assistant director of finance demographics

Here are the differences between senior directors of finance' and assistant directors of finance' demographics:

Senior Director Of FinanceAssistant Director Of Finance
Average age4646
Gender ratioMale, 74.5% Female, 25.5%Male, 46.7% Female, 53.3%
Race ratioBlack 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, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between senior director of finance and assistant director of finance duties and responsibilities

Senior director of finance example responsibilities.

  • Project manage the successful implementation of Hyperion Essbase upgrade from Hyperion FM, managing cross functional resources across multiple geographies.
  • Maximize returns and limit risks by managing treasury and investment balances daily.
  • Establish, manage and monitor accounting and finance duties including the annual operating budget, financial statements and account reconciliations.
  • Ensure internal controls, GAAP and SOX compliance, as well as interfaced with internal and external audit reviews.
  • Coordinate information for external auditors and CPA firm for quarterly/annual tax/audit.
  • Direct the companywide planning process and implement a new Hyperion planning system.
  • Show more

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
  • Show more

Senior director of finance vs assistant director of finance skills

Common senior director of finance skills
  • SR, 10%
  • Business Development, 8%
  • Financial Management, 8%
  • Strategic Direction, 8%
  • Executive Management, 7%
  • RFP, 7%
Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%

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