Revenue Director Salary
Job Description for Revenue Director
Revenue directors hold a very analytical position which requires a strong work ethic, management skills, in-depth knowledge and understanding of business operations, and experience with revenue recognition and decision-making. These directors oversee entire financial operations, including when, where, why, and how much money is spent by and for their companies.Read More...
Those in this position make many important analytical decisions based on the needs of their organizations, which requires a strong background in reading finances and understanding proper revenue recognition in accordance with general accounting and finance procedures. Generally, a revenue director’s duties include creating revenue reports, reviewing contracts, investment allocation, reconciling financial statements, and ensuring all revenue is recognized and allocated properly.
This position is mentally demanding and often requires long hours of analyzing financial data. A bachelor’s degree in accounting and extensive work experience are generally required for this position, and some employers may prefer candidates with high-level education such as a master's or doctorate degree. Revenue directors must also have vast knowledge and experience with computer software and systems, as they will be responsible for reports and analytical data which involve the recognition of revenue.
Revenue Director Tasks
- Oversee accounting processes with an eye towards compliance and profitability.
- Facilitate and lead strategy and financial meetings.
- Review analyses, reports, and federal reporting.
- Conduct market research and identify strategy changes and software tools.
- Hire, train, and mentor revenue team, setting goals and tasks.
Revenue Director Job Listings
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Pay by Experience Level for Revenue Director
Median of all compensation (including tips, bonus, and overtime) by years of experience.
People who have worked for fewer than five years bring home $47K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $76K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $128K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $125K.