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The differences between senior directors of finance and finance controllers 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 finance controller. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $105,869 average annual salary of a finance controller.
The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for a finance controller are CPA, payroll, and financial controller.
| Senior Director Of Finance | Finance Controller | |
| Yearly salary | $137,505 | $105,869 |
| Hourly rate | $66.11 | $50.90 |
| Growth rate | 17% | 17% |
| Number of jobs | 98,470 | 97,342 |
| 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 financial controller is primarily in charge of the daily finance activities and accounting functions of a company. Their responsibilities typically revolve around preparing and organizing financial reports, analyzing data and looking out for any discrepancies or inconsistencies, and overseeing the company's overall revenues and expenditures. A financial controller must also maintain documentation, participate in risk assessment and budgeting activities, and develop strategies for profit growth. Furthermore, one must coordinate with other department staff to ensure accuracy, all while implementing the company's policies and regulations.
Senior directors of finance and finance controllers have different pay scales, as shown below.
| Senior Director Of Finance | Finance Controller | |
| Average salary | $137,505 | $105,869 |
| Salary range | Between $88,000 And $212,000 | Between $71,000 And $156,000 |
| Highest paying City | Foster City, CA | Yonkers, NY |
| Highest paying state | California | New York |
| Best paying company | Mayo Clinic | Sage Memorial Hospital |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a senior director of finance and a finance controller in terms of educational background:
| Senior Director Of Finance | Finance Controller | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior directors of finance' and finance controllers' demographics:
| Senior Director Of Finance | Finance Controller | |
| Average age | 46 | 46 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 61.5% Female, 38.5% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |