Financial Services Director Salary
|Salary||$55,113 - $152,399|
|Bonus||$3,864 - $40,134|
|Total Pay (||$53,861 - $197,522|
Job Description for Financial Services Director
Financial service directors handle multiple matters related to the budgeting, accounting, and reporting departments of their companies. Depending on the specific details of the position, these directors may be responsible for creating financial statements and reports, ensuring compliance with financial and accounting policies, handling tax matters, invoicing for clients or suppliers (accounts payable/receivable), and handling employee payroll.Read More...
In some cases, financial service directors are responsible for developing and implementing plans for cash flow within a business, either because plans did not previously exist or current plans must be adjusted to meet financial goals. Typically, these directors work closely with managers and other staff in all budget-related divisions of their companies; they may supervise or work side-by-side with managers in payroll, credit, buying/purchasing, and inventory. In cases where a company's tax situation is complex, due either to debts or other circumstances, these directors may work with tax accountants or tax lawyers on a regular basis.
Most financial service director positions are office-based with a great deal of emphasis on the handling of data and information, which must be organized in ways that make sense and maximize efficiency and cost-effectiveness within all areas of supervision. Although all companies need some type of financial services direction, demand for this position is highest among large corporations and those with complex, multi-tier financial situations. Prior work experience is extremely desirable and has a significant influence on pay-scales. Most financial service director positions recommend or require education and/or prior experience in sales, accounting, employee supervision, computer software, and finance.
Financial Services Director Tasks
- Create, strengthen and solidify client relationships to meet sales goals.
- Oversee and mentor staff in daily operations.
- Select, implement and manage technology to increase efficiency and profits.
- Define, monitor and report on financial services metrics and budgets.
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