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Senior director of finance vs corporate director

The differences between senior directors of finance and corporate 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 senior director of finance and a corporate director. Additionally, a corporate director has an average salary of $154,906, which is higher than the $137,505 average annual salary of a senior 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 a corporate director are project management, oversight, and customer service.

Senior director of finance vs corporate director overview

Senior Director Of FinanceCorporate Director
Yearly salary$137,505$154,906
Hourly rate$66.11$74.47
Growth rate17%5%
Number of jobs98,47066,254
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 a corporate director do?

A corporate director is a business individual who is an elected or appointed member of the board of directors that directs or manages a corporation. Corporate directors are responsible for making decisions regarding the supervision of the entire enterprise as well as their products and services. They are in control of others' property and are liable to both their individual and joint actions. Corporate directors are also bound by the duty to act within the scope of their authority and must exercise due care in the performance of their corporate tasks.

Senior director of finance vs corporate director salary

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

Senior Director Of FinanceCorporate Director
Average salary$137,505$154,906
Salary rangeBetween $88,000 And $212,000Between $102,000 And $233,000
Highest paying CityFoster City, CABeaverton, OR
Highest paying stateCaliforniaOregon
Best paying companyMayo ClinicAbbVie
Best paying industryPharmaceuticalFinance

Differences between senior director of finance and corporate director education

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

Senior Director Of FinanceCorporate Director
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 70%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Senior director of finance vs corporate director demographics

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

Senior Director Of FinanceCorporate Director
Average age4646
Gender ratioMale, 74.5% Female, 25.5%Male, 66.4% Female, 33.6%
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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage11%7%

Differences between senior director of finance and corporate director 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

Corporate director example responsibilities.

  • Lead corporate governance and compliance functions and manage securities law and relate issues for ESOP (employee-own) enterprise.
  • Manage RFP for selection of new benefit consultants.
  • Manage the RFP development and review process through to vendor selection and contract finalization.
  • Manage accounting staff to provide accurate financial close in compliance with all internal control and SOX requirements.
  • Manage EHS compliance for a large-scale construction company specializing in smokestack construction.
  • Manage activities of divisional quality representatives for compliance to ISO 9001 and quality initiatives.
  • Show more

Senior director of finance vs corporate director skills

Common senior director of finance skills
  • SR, 10%
  • Business Development, 8%
  • Financial Management, 8%
  • Strategic Direction, 8%
  • Executive Management, 7%
  • RFP, 7%
Common corporate director skills
  • Project Management, 7%
  • Oversight, 7%
  • Customer Service, 6%
  • Financial Statements, 5%
  • Patients, 5%
  • Business Development, 4%

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