Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior directors of finance and finance leaders 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 leader. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $117,284 average annual salary of a finance leader.
The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for a finance leader are financial analysis, financial management, and business development.
| Senior Director Of Finance | Finance Leader | |
| Yearly salary | $137,505 | $117,284 |
| Hourly rate | $66.11 | $56.39 |
| Growth rate | 17% | 17% |
| Number of jobs | 98,470 | 93,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| 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.
The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.
Senior directors of finance and finance leaders have different pay scales, as shown below.
| Senior Director Of Finance | Finance Leader | |
| Average salary | $137,505 | $117,284 |
| Salary range | Between $88,000 And $212,000 | Between $78,000 And $174,000 |
| Highest paying City | Foster City, CA | San Francisco, CA |
| Highest paying state | California | Oregon |
| Best paying company | Mayo Clinic | Apple |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a senior director of finance and a finance leader in terms of educational background:
| Senior Director Of Finance | Finance Leader | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| 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 leaders' demographics:
| Senior Director Of Finance | Finance Leader | |
| Average age | 46 | 46 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 60.0% Female, 40.0% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |