Financial Operations Director Salary
Financial Operations Directors in the United States take home approximately $96K per year on average. Female Financial Operations Directors are more common than men among those who completed the survey; more than half (65 percent) are women. Most Financial Operations Directors report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
|Salary||$70,748 - $134,552|
|Bonus||$1,021 - $46,000|
|Total Pay (||$71,158 - $136,887|
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.
Pay by Experience Level for Financial Operations Director
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Financial Operations Directors, more experience generally translates to higher pay. Salaries of relatively inexperienced workers fall in the neighborhood of $72K, but folks who have racked up five to 10 years see a notably higher median of $95K. Between one and two decades on the job, average salaries pass the six-figure mark at around $115K. Financial Operations Directors who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $122K on average.
Financial Operations Director Advice
Related Job Salaries
Key Stats for Financial Operations Director