What does a Finance Director do?

Finance managers analyze every day financial activities and provide advice and guidance to upper management on future financial plans. They are the root of all major business decisions and their role is crucial to the success of any organization. Finance managers may be employed in many different environments, including both public and private sector organizations. They also operate in a variety of industries, such as banking, finance, healthcare, and insurance.

Typical duties include reviewing financial reports, monitoring accounts, and preparing financial forecasts. Finance managers also investigate ways to improve profitability and analyze markets for business opportunities, such as expansion, mergers, and acquisitions. The position of finance manager usually requires an advanced degree in accounting, business, economics, or finance, as well as several years of experience in a finance role.

What responsibilities are common for Finance Director jobs?
  • Monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions)
  • Prepare monthly and quarterly management reporting
  • Participate in strategic data analysis, research, and modeling for senior company leadership
  • Support project analysis, validation of plans, and ad-hoc requests
  • Manage the company's financial accounting, monitoring, and reporting systems
  • Ensure compliance with accounting policies and regulatory requirements
What are the typical qualifications for Finance Director jobs?
  • Bachelor's degree in Finance or Accounting; CPA a plus
  • 5-8 years of experience in accounting and/or financial analysis
  • Ability to synthesize large quantities of complex data into actionable information
  • Ability to work and effectively communicate with senior-level business partners
  • Excellent business judgment, analytical, and decision-making skills
  • Knowledge of financial reporting and data mining tools such as SQL, Access, etc.
  • Strong demonstrated use of Excel, Word, and PowerPoint
EducationBachelor's Degree
Work/Life Balance
3.5 ★
Total Pay--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

How much does a Finance Director make?

Confident
$184,527 /yr
Total Pay
$135,280
 /yr

Base Pay

+
$49,247
 /yr

Additional Pay

$184,527

 / yr
$87K$771K
Most Likely Range
Possible Range
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Finance Director Career Path

Learn how to become a Finance Director, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L7
Director of Finance
$171,112/yr
L8
L7

Average Years of Experience

0 - 1
0%
2 - 4
44%
5 - 7
31%
8+
25%
Not including years spent in education and/or training
See Career Path

Finance Director Insights

Read what Finance Director professionals have to say about their job experiences and view top companies for this career.
Northwestern MutualNorthwestern Mutual
Financial Planning Associate
Nov 9, 2021

“This industry is highly relational and there are good practitioners within the BD who do solid work by their clients.”

Royal Borough of Kensington and ChelseaRoyal Borough of Kensington and Chelsea
Finance Manager
Jun 20, 2020

“Employees really care about the residents of the Borough and ensure to deliver the best possible service”

Precision Resource GroupPrecision Resource Group
Finance Director
Jul 20, 2021

“It's fantastic place to work if you have drive and want to progress your career.”

Woodland Hospice
Group Finance Manager
Jul 13, 2022

“IT was a very diverse role and I felt that it enhanced my career and my prospects going forward.”

High Commission of Canada in UKHigh Commission of Canada in UK
Finance and Contracts Manager
Jun 8, 2021

“Career development can be limited but I found allot of interest and opportunity in my role.”

Podpak
Finance Apprentice
Apr 6, 2022

“It is a nice place to work and I've learnt a vast amount during my apprenticeship.”

Tower HealthTower Health
Finance
Jul 21, 2022

“My manager is amazing and I have been exposed to many areas that normally is segmented in larger companies.”

VFS GlobalVFS Global
Senior Executive Finance
Nov 29, 2020

“No career growth and I felt like doing the same work of copying and pasting.”

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Finance Director Interviews

Frequently asked questions about the role and responsibilities of finance managers

A finance manager monitors and manages a company's finances. They work extensively with financial software to produce activity reports, financial statements, forecasts, and other information. Utilizing this information, finance managers may collaborate with or direct other employees regarding ways to reduce costs and handle financial decisions.

Becoming a finance manager is a good career step for people who enjoy a fast-paced work environment, mathematical challenges, and following dynamic, ever-changing financial trends. Globalization and risk management are particularly keen areas for growth, creating ample opportunities for those interested in these specializations.

Finance managers typically make six-figure salaries, with an average earning of $184,527 a year. Seniority is the primary factor influencing one's pay in this career. Proven success as a financial analyst or accountant can help increase your starting salary as a finance manager.

Being a finance manager can be a hard job if you don't have the proper training or skills, as it's crucial to produce accurate reports, ensure legal compliance, and make shrewd recommendations to prevent major financial difficulties. Working as a finance manager, you must be able to think both analytically and creatively.

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Finance Director Jobs