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Senior director of finance vs executive director of operations

The differences between senior directors of finance and executive directors of operations can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior director of finance, becoming an executive director of operations takes usually requires 4-6 years. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $131,945 average annual salary of an executive director of operations.

The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for an executive director of operations are operations management, customer satisfaction, and financial management.

Senior director of finance vs executive director of operations overview

Senior Director Of FinanceExecutive Director Of Operations
Yearly salary$137,505$131,945
Hourly rate$66.11$63.44
Growth rate17%6%
Number of jobs98,470194,783
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 63%
Average age4644
Years of experience86

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 executive director of operations do?

Executive Directors of Operations are top management employees of a nonprofit. They manage the whole operations of the company. They set annual strategic goals to bring the company closer to its vision. They oversee all of the company's programs and ensure that these programs are in line with the company's vision and mission. They also ensure that the partnerships formed with other organizations remain strong. As leaders, they are expected to motivate and inspire the employees to work well together. Executive Directors of Operations represent the company in external events, industry functions, and other activities.

Senior director of finance vs executive director of operations salary

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

Senior Director Of FinanceExecutive Director Of Operations
Average salary$137,505$131,945
Salary rangeBetween $88,000 And $212,000Between $85,000 And $203,000
Highest paying CityFoster City, CAHartford, CT
Highest paying stateCaliforniaConnecticut
Best paying companyMayo ClinicBillings Clinic
Best paying industryPharmaceuticalFinance

Differences between senior director of finance and executive director of operations education

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

Senior Director Of FinanceExecutive Director Of Operations
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 63%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior director of finance vs executive director of operations demographics

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

Senior Director Of FinanceExecutive Director Of Operations
Average age4644
Gender ratioMale, 74.5% Female, 25.5%Male, 64.1% Female, 35.9%
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5%
LGBT Percentage11%10%

Differences between senior director of finance and executive director of operations 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

Executive director of operations example responsibilities.

  • Finance and billing accountability across Medicaid, manage care commercial insurance, insurance verification, contract management, and benefits administration.
  • Design, implementation and parental oversight of local operational policies and processes.
  • Assure high-level supply chain management for distribution logistics purposes and direct clientele relations.
  • Advance to increasingly responsible positions, culminating in management role with oversight of company operations.
  • Direct $2.4 billion facility with over 1,200 associates to administer effective technology distribution and third-party logistics functions.
  • Develop numerous tactics, techniques and procedures necessary for the successful employment of reconnaissance aircraft supporting military combat forces.
  • Show more

Senior director of finance vs executive director of operations skills

Common senior director of finance skills
  • SR, 10%
  • Business Development, 8%
  • Financial Management, 8%
  • Strategic Direction, 8%
  • Executive Management, 7%
  • RFP, 7%
Common executive director of operations skills
  • Operations Management, 13%
  • Customer Satisfaction, 8%
  • Financial Management, 8%
  • Oversight, 7%
  • Medicare, 7%
  • Home Health, 6%

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