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Student finance aid manager vs finance director

The differences between student finance aid managers and finance directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a student finance aid manager, becoming a finance director takes usually requires 6-8 years. Additionally, a finance director has an average salary of $118,518, which is higher than the $54,647 average annual salary of a student finance aid manager.

The top three skills for a student finance aid manager include financial aid forms, FAFSA and title iv. The most important skills for a finance director are CPA, financial analysis, and payroll.

Student finance aid manager vs finance director overview

Student Finance Aid ManagerFinance Director
Yearly salary$54,647$118,518
Hourly rate$26.27$56.98
Growth rate7%17%
Number of jobs101,17690,012
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 71%
Average age4746
Years of experience68

Student finance aid manager vs finance director salary

Student finance aid managers and finance directors have different pay scales, as shown below.

Student Finance Aid ManagerFinance Director
Average salary$54,647$118,518
Salary rangeBetween $36,000 And $81,000Between $76,000 And $183,000
Highest paying City-Palo Alto, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Manufacturing

Differences between student finance aid manager and finance director education

There are a few differences between a student finance aid manager and a finance director in terms of educational background:

Student Finance Aid ManagerFinance Director
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 71%
Most common majorBusinessAccounting
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Student finance aid manager vs finance director demographics

Here are the differences between student finance aid managers' and finance directors' demographics:

Student Finance Aid ManagerFinance Director
Average age4746
Gender ratioMale, 30.9% Female, 69.1%Male, 65.1% Female, 34.9%
Race ratioBlack or African American, 10.3% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 4.4% White, 65.9% American Indian and Alaska Native, 0.7%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage16%11%

Differences between student finance aid manager and finance director duties and responsibilities

Student finance aid manager example responsibilities.

  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Provide financial leadership and technical advice, improving working capital performance and assuring all transactions are properly record and GAAP compliant.
  • Create PowerPoint presentations containing NCAA bylaws and present to management and college athletes.

Finance director example responsibilities.

  • Manage treasury functions considering the inflationary situation and changes in economic patterns to minimize any negative impact they may involve.
  • Improve internal controls and operating efficiency by training accountants and converting general ledger reconciliations to GAAP formats.
  • Prepare financial data and footnotes for independent CPA annual audit financial statements.
  • Develop financial models in Hyperion to aggregate sales data and allocate expenses for profitability analysis.
  • Complete Sarbanes-Oxley procedural requirements for entire incentive development, administration and reporting process.
  • Develop an electronic billing capacity and are the first Montana health care provider to bill Medicaid electronically.
  • Show more

Student finance aid manager vs finance director skills

Common student finance aid manager skills
  • Financial Aid Forms, 19%
  • FAFSA, 13%
  • Title IV, 13%
  • Student Finance, 9%
  • Student Accounts, 8%
  • Financial Aid Programs, 8%
Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%

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