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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 | Corporate Director | |
| Yearly salary | $137,505 | $154,906 |
| Hourly rate | $66.11 | $74.47 |
| Growth rate | 17% | 5% |
| Number of jobs | 98,470 | 66,254 |
| 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.
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 directors of finance and corporate directors have different pay scales, as shown below.
| Senior Director Of Finance | Corporate Director | |
| Average salary | $137,505 | $154,906 |
| Salary range | Between $88,000 And $212,000 | Between $102,000 And $233,000 |
| Highest paying City | Foster City, CA | Beaverton, OR |
| Highest paying state | California | Oregon |
| Best paying company | Mayo Clinic | AbbVie |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a senior director of finance and a corporate director in terms of educational background:
| Senior Director Of Finance | Corporate Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between senior directors of finance' and corporate directors' demographics:
| Senior Director Of Finance | Corporate Director | |
| Average age | 46 | 46 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 66.4% Female, 33.6% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 7% |