Financial Director Salary
|Salary||$36,486 - $143,002|
|Bonus||$511 - $39,732|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$35,690 - $153,927|
|Hourly Rate||$12.82 - $58.60|
|Bonus||$511 - $39,732|
|Total Pay (||$35,690 - $153,927|
Job Description for Financial Director
The financial director is the executive responsible for a company's finances. They manage the people or teams who gather, analyze, and report financial data related to the company's operations. Typically, they report directly to the chief executive officer and the board of directors; depending on the company, they may be offered a seat on the board.Read More...
Because of their unique insight into the company's finances, the financial director serves an integral role in their organization's upper management. They - and their staff - maintain necessary financial records and prepare reports on the company's financial health. They work regularly with other departments in tasks such as payroll and planning project budgets. The financial director is responsible for keeping track of these projects, including earnings and losses, to forecast accurately their company's future performance. As the key expert on the company's finances, they are often expected to speak to investors and stakeholders about these projects and answer questions.
Financial director is typically an advanced position achieved after substantial career experience. These professionals typically have extensive experience in banking, accounting and/or related fields. Additionally, financial directors often hold advanced degrees related to business or finance. They may have status as a certified public accountant (CPA)
Financial Director Tasks
- Manages the preparation of budgets, forecasts and accounting activities.
- Directs the staff operations, business planning and budget development and compliance for the department.
- Oversees the preparation of regulatory and financial reporting as required, and ensures compliance.
- Develops policies and procedures to control and report financials.
Pay by Experience Level for Financial Director
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Financial Directors. Although individuals who have less than five years' experience earn $51K on average, people with five to 10 years benefit from a notably larger average of $68K. Financial Directors bring in $71K after working for 10 to 20 years. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $81K, which is substantially larger than the medians reported by folks with fewer years on their resumes.
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Key Stats for Financial Director
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