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The differences between strategic planning directors and finance planning managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a strategic planning director, becoming a finance planning manager takes usually requires 6-8 years. Additionally, a strategic planning director has an average salary of $142,172, which is higher than the $109,162 average annual salary of a finance planning manager.
The top three skills for a strategic planning director include project management, business development and financial models. The most important skills for a finance planning manager are financial analysis, financial planning analysis, and financial models.
| Strategic Planning Director | Finance Planning Manager | |
| Yearly salary | $142,172 | $109,162 |
| Hourly rate | $68.35 | $52.48 |
| Growth rate | 10% | 17% |
| Number of jobs | 59,153 | 120,588 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A strategic planning director is responsible for overseeing the organization's operations and processes to identify strategic initiatives that would drive the company to its long-term growth and development. Strategic planning directors identify business opportunities that would generate more revenue resources and profits by conducting data and statistical analysis with the current industry trends. They also monitor sales and marketing activities to ensure the efficient delivery of promotional campaigns on various market platforms. A strategic planning director must have excellent communication skills, especially in negotiating contracts with clients and maintaining a long-lasting business relationship.
A finance planning manager oversees the budget and finance development processes within a company. Their responsibilities revolve around analyzing financial records, participating in auditing processes, producing reports and forecasts, and coordinating with different company personnel to obtain accurate data. A finance planning manager must also utilize fiscal tools, devise new business strategies and opportunities, and keep abreast of all the company's upcoming projects. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Strategic planning directors and finance planning managers have different pay scales, as shown below.
| Strategic Planning Director | Finance Planning Manager | |
| Average salary | $142,172 | $109,162 |
| Salary range | Between $94,000 And $214,000 | Between $78,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | Delaware |
| Best paying company | Meta | Metropolitan Water District of Southern California |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a strategic planning director and a finance planning manager in terms of educational background:
| Strategic Planning Director | Finance Planning Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Most common major | Business | Accounting |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between strategic planning directors' and finance planning managers' demographics:
| Strategic Planning Director | Finance Planning Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 69.8% Female, 30.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 11% |