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The differences between treasurers and directors of accounting & finance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a treasurer and a director of accounting & finance. Additionally, a director of accounting & finance has an average salary of $127,871, which is higher than the $80,467 average annual salary of a treasurer.
The top three skills for a treasurer include payroll, fraternity and bank accounts. The most important skills for a director of accounting & finance are CPA, GAAP, and internal controls.
| Treasurer | Director Of Accounting & Finance | |
| Yearly salary | $80,467 | $127,871 |
| Hourly rate | $38.69 | $61.48 |
| Growth rate | 17% | 17% |
| Number of jobs | 18,358 | 100,209 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
The treasurer's general duty is to oversee the financial reports and monitor the expenses of the organization. A treasurer is required to demonstrate strong analytical and critical-thinking skills for financial decision-making. The treasurer is also required to keep documentation and deliver regular financial reports to the management. Treasurers are also responsible to study the current status of the organization to be able to provide suggestions on effectively managing expenses. They also need to be familiarized with the regulatory policies and ensure that the use of funds is compliant with the law.
A director of accounting and finance is in charge of overseeing all financial activities and decisions in a company and supervising its workforce. Their responsibilities revolve around spearheading the development of financial plans and strategies, coordinating with analysts and consultants, gathering and analyzing financial data, and reporting all sales progress to executives through documents and presentations. They must also set goals and objectives, allocate budgets to different departments, prepare comprehensive sales forecasts, and lead employees while implementing the company's policies and regulations.
Treasurers and directors of accounting & finance have different pay scales, as shown below.
| Treasurer | Director Of Accounting & Finance | |
| Average salary | $80,467 | $127,871 |
| Salary range | Between $37,000 And $173,000 | Between $88,000 And $184,000 |
| Highest paying City | Cambridge, MA | San Francisco, CA |
| Highest paying state | Maine | New Jersey |
| Best paying company | Partners Group LTD | Fried Frank |
| Best paying industry | Manufacturing | Health Care |
There are a few differences between a treasurer and a director of accounting & finance in terms of educational background:
| Treasurer | Director Of Accounting & Finance | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between treasurers' and directors of accounting & finance' demographics:
| Treasurer | Director Of Accounting & Finance | |
| Average age | 46 | 46 |
| Gender ratio | Male, 48.0% Female, 52.0% | Male, 67.1% Female, 32.9% |
| Race ratio | 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% | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |