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The differences between senior directors of finance and directors of managed services 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 director of managed services. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $120,859 average annual salary of a director of managed services.
The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for a director of managed services are oversight, cloud, and project management.
| Senior Director Of Finance | Director Of Managed Services | |
| Yearly salary | $137,505 | $120,859 |
| Hourly rate | $66.11 | $58.11 |
| Growth rate | 17% | 16% |
| Number of jobs | 98,470 | 117,659 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 61% |
| Average age | 46 | 47 |
| 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 director of managed services is in charge of overseeing the business processes in an organization, ensuring efficiency and smooth workflow. Their responsibilities typically revolve around setting goals and objectives, managing the workforce, spearheading projects and campaigns, devising strategies to optimize services, and coordinating with analysts to identify new business opportunities. Furthermore, as a director, it is essential to lead and encourage the workforce to reach new heights, all while implementing the company's policies and regulations.
Senior directors of finance and directors of managed services have different pay scales, as shown below.
| Senior Director Of Finance | Director Of Managed Services | |
| Average salary | $137,505 | $120,859 |
| Salary range | Between $88,000 And $212,000 | Between $80,000 And $182,000 |
| Highest paying City | Foster City, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Mayo Clinic | |
| Best paying industry | Pharmaceutical | Retail |
There are a few differences between a senior director of finance and a director of managed services in terms of educational background:
| Senior Director Of Finance | Director Of Managed Services | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 61% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Carnegie Mellon University |
Here are the differences between senior directors of finance' and directors of managed services' demographics:
| Senior Director Of Finance | Director Of Managed Services | |
| Average age | 46 | 47 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 65.4% Female, 34.6% |
| 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, 6.5% Unknown, 5.2% Hispanic or Latino, 9.7% Asian, 12.8% White, 65.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 11% |