What does a Director of Finance do?

A director of finance is responsible for financial health of a company. They manage the cash flow of an operation to ensure that they can pay all of their weekly obligations. A few of the main duties of a director of finance are creating weekly or monthly financial reports. They also create budgets and create long term plans for the business financially. Some of the jobs titles that a director of finance has held prior are financial analyst, finance manager, and accountant.

A director of finance will have 10 years of experience as well an MBA or Master's in Finance degree. One of the most important skills that a director of finance will have is financial forecasting and planning. Another skill is leadership and business acumen to manage the business finances. They also need to be excellent problem solvers.

  • Develop key financial models
  • Plan for cash spends on different projects
  • Comply with all audits and company policies
  • Create company wide budgets for a fiscal year
  • Adhere to laws and regulations
  • Create presentations for key executives
  • Create company policies for great financial health
  • Manage company cash flows
  • Master's in Finance or MBA
  • Knowledge of financial forecasting
  • Detail and results oriented
  • Leadership and business acumen
  • Expert level problem solver and analytical
  • Ability to take complex data and find the key metrics
  • Desire to learn and grow in the role
  • Experience managing a company's cash flow
  • Strong communication and interpersonal skills

Average Years of Experience

0 - 1
0%
2 - 4
44%
5 - 7
31%
8+
25%

Common Skill Sets

Excellent Communication
Degree IN Finance
Leadership
GAAP
Audit
Enterprise APPLICATION Integration
Strategic Thinking
Microsoft EXCEL

Director of Finance Seniority Levels

L7
Director of Finance
$197,982/yr
L8
Financial Analyst
8% made the transition
Financial Consultant
6% made the transition
See Career Path

Director of Finance Salaries

Average Base Pay

$128,038 /yr
Same as national average
Not including cash compensation
See More Insights
$79K
Median: $128K
$207K
See More Insights
Glassdoor Estimated Salary

Director of Finance Jobs