Financial Operations Director Salary
Financial Operations Directors in the United States can expect wages of $100K per year on average. Women make up the majority of Financial Operations Directors (67 percent) who completed the questionnaire. Job satisfaction is high and work is enjoyable for most Financial Operations Directors. Participants in PayScale's salary questionnaire provided the particulars of this report.
|Salary||$70,620 - $132,793|
|Total Pay (||$70,994 - $135,589|
Job Description for Financial Operations Director
A financial operations director is a very senior position in a company. This position requires a lot of knowledge in various fields, including knowledge in accounting, training in management, and sometimes a solid grasp on marketing strategies. The financial operations director needs to demonstrate a great ability to handle the responsibility that comes with this position, as it requires dealing with the finance department and the executive team. Sometimes the requirements of this senior position dictate forming liaisons with certain clients or major client groups.Read More...
The responsibilities a financial operations director is tasked with include managing operations done strategically for financial operations, supervising managers and accountants, and analyzing, preparing, and writing up reports. A financial operations director has to make sure that the company is in good shape. For that reason, a financial operations director is tasked with keeping an open eye on the company's internal controls and mechanisms to comply with policy and industry guidelines. Proposing investment options that meet top management recommendations is also part of a financial operations director's job. This is done by analyzing operating data and comparing it to industry practices. This is all done in compliance with generally accepted accounting principles and fiscal regulations. This means the financial operations director has to supervise filing periodic corporate income returns with the internal revenue service.
For this job, a post graduate certificate or qualification is needed. A master's in business administration or its equivalent is preferred. This is a job with a fixed schedule, and paid vacation can be expected.
Financial Operations Director Tasks
- Review company financials, including costs, revenue, and expenses.
- Present financial results to the company as well as current and prospective investors.
- Lead financial division of company and work with other directors to ensure a consistent company-wide vision is implemented.
- Establish long-term budgets for the company and forecast financial figures.
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Pay by Experience Level for Financial Operations Director
Pay by Experience for a Financial Operations Director has a positive trend. An entry-level Financial Operations Director with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 23 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Operations Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $95,000 based on 16 salaries. An experienced Financial Operations Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $115,000 based on 15 salaries. A Financial Operations Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $122,000 based on 6 salaries.
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