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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 | Assistant Director Of Finance | |
| Yearly salary | $137,505 | $71,057 |
| Hourly rate | $66.11 | $34.16 |
| Growth rate | 17% | 17% |
| Number of jobs | 98,470 | 98,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 directors of finance and assistant directors of finance have different pay scales, as shown below.
| Senior Director Of Finance | Assistant Director Of Finance | |
| Average salary | $137,505 | $71,057 |
| Salary range | Between $88,000 And $212,000 | Between $46,000 And $109,000 |
| Highest paying City | Foster City, CA | Oakland, CA |
| Highest paying state | California | New York |
| Best paying company | Mayo Clinic | UCI Health |
| Best paying industry | Pharmaceutical | Utilities |
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 Finance | Assistant Director Of Finance | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior directors of finance' and assistant directors of finance' demographics:
| Senior Director Of Finance | Assistant Director Of Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 46.7% Female, 53.3% |
| Race ratio | Black 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 Percentage | 11% | 11% |