Associate Director of Financial Services Salary
Job Description for Associate Director of Financial Services
An associate director of financial services typically assists in the financial operations of a company, managing many of the day-to-day activates required of financial associates. In the typical day, associate directors of financial services help the director of financial services and associates with any issues that arise. Sometimes, interactions directly with customers are required as well. Besides the interpersonal elements of the job, associate directors of financial services are required to manage various day-to-day financial data, including customer billing, supplier payments, and company costs. Analysis of these activities on a month-to-month basis is often necessary, as are reports on financial performance to managers. These associate directors typically work full time in an office setting; overtime may be required as deadlines approach.Read More...
A bachelor’s degree in business administration or a related field is generally required for this position, and a more advanced degree may be preferred. Several years of related experience is generally needed as well. Associate directors of financial services need to have excellent leadership skills, as the position generally has several direct reports. Strong computer skills are necessary as well, as associate directors of financial services are required to work with spreadsheet programs and analysis tools. Associate directors of financial services must have excellent interpersonal skills as well.
Associate Director of Financial Services Tasks
- Aid in the development of policies and procedures for billing, coding, and collection.
- Troubleshoot regulations compliance issues and maintain documentation.
- Monitor all medical billing activities.
Common Career Paths for Associate Director of Financial Services
Associate Director of Financial Services Job Listings
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Popular Skills for Associate Director of Financial Services
Associate Directors of Financial Services seem to require a number of specific skills. Lucky workers who know Project Management can expect a significant pay bump, scoring salaries 26 percent above average. Operations Management and Financial Modeling are also correlated to pay that is above average, with increases between 21 percent and 26 percent. Financial Reporting and People Management as skills, however, tend to be associated with significantly smaller paychecks. Most people who know Financial Analysis also know Financial Reporting.
Pay by Experience Level for Associate Director of Financial Services
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Survey participants with less than five years' experience pocket $68K on average, but those with five to 10 years of experience enjoy a much bigger median of $107K. On average, Associate Directors of Financial Services make $118K following one to two decades on the job. For some reason, Associate Directors of Financial Services with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $109K.
Pay Difference by Location
For those looking to make money, Associate Directors of Financial Services in New York enjoy an exceptional pay rate, 26 percent above the national average. Associate Directors of Financial Services will also find cushy salaries in Atlanta (+15 percent). The smallest paychecks in the market, 7 percent south of the national average, can be found in San Francisco.