How to Become a Finance Director

Step 1: Understand the job description and responsibilities of a Finance Director

What does a Finance Director do?

A Finance Director directs an organization's financial policies, planning, reporting and controls. Oversees all financial functions including accounting, budget, credit, risk, tax, and treasury. Being a Finance Director generally is the second most senior finance executive. Typically requires a master's degree. Additionally, Finance Director typically reports to Chief Financial Officer. May require a CPA. The Finance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Finance Director typically requires 5+ years of managerial experience.

People's Opinions on Finance Director responsibilities

The next level that reports to this position holds the designation of Finance Manager.

12/09/2019: Peoria, IL

A finance director is someone who oversees the finances of an organization, business, institution, or agency.

01/29/2020: Mobile, AL

In order to become a finance director, someone may have a background in accounting, or hold a Master's in Business Administration (MBA).

12/05/2019: San Antonio, TX

The role for this person would be between the CEO and the Finance Manager.

11/09/2019: South Bend, IN

VP Finance would typically be seen as above a Controller.

10/19/2019: Bellingham, WA
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Step 2: Learn best tips to become a Finance Director

Best tips for those who want to become a Finance Director

Here are some tips to become a Finance Director.

People's Opinions on best tips

Planning Ahead Start from the academic year by when you think you want a development to be ready… and then work backwards.

12/15/2019: Twin Falls, ID

Getting Buy-In This means getting internal regulatory issues aligned and also making sure funders are comfortable with timing and cash-flow and the planning cycle.

10/16/2019: Boise, ID

Getting Buy-In This means getting internal regulatory issues aligned and also making sure funders are comfortable with timing and cash-flow and the planning cycle.

01/06/2020: Alamogordo, NM

Remaining Flexible The importance of seeing the bigger picture should not be under-estimated.

11/13/2019: Lawrence, MA

Expect the (Un)ExpectedThe best laid plans can be de-railed by something unexpected.

01/07/2020: Benton Harbor, MI
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Step 3: View best colleges and universities for Finance Director

Best colleges and universities for Finance Director

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Finance Director

Is being a Finance Director Worth it?

People's Opinions on lifestyles

Nichols was not paid for his work as finance director but still was one of the highest paid employees in the city.

01/18/2020: Fort Worth, TX

Brian Shapiro, formerly Lansdale's finance director and more recently manager of Chalfont Borough, is Montgomery's new Finance Director as of Monday, the third high official to work on both sides of that border in the past year.

12/06/2019: Benton Harbor, MI

McNabola said the town can probably last two weeks without a finance director before it has to burden people with extra work.

12/28/2019: Roanoke, VA

Since then, Shapiro has served as borough manager in Chalfont, and brings a total of 18 years in public finance to Montgomery Township, counting time in similar posts in Middletown Township and Northampton Township.

02/02/2020: Honolulu, HI

The finance director is hired by and reports directly to the Board of Commissioners.

02/25/2020: Madison, WI
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Step 5: Prepare relevant skills for being a Finance Director

What skills do you need to be a Finance Director?

Management is no easy task, and as such, the skill requirements for these types of roles vary greatly.  Chief skills for this role are: Corporate Finance, Financial Management, Fiscal Management.  You would need to be proficient in the following: Accounting Software, Financial Analysis Software.  Expertise in these areas will help you land this, or a similar role.

People's Opinions on Finance Director skills

A Master of Business Administration degree with a concentration in finance or economics can provide students with the skills to work as a finance director.

01/22/2020: Miami, FL

The noteworthy Finance Director should harmonize financial operations, develop effective financial strategies, guide efforts towards financial stability, monitor all financial activities, promote revenue growth, ensure compliance with accounting regulations, and maintain good relationships with investors.

11/06/2019: Sacramento, CA

Employers prefer applicants with experience in finance or accounting to qualify for a finance director position.

02/10/2020: Binghamton, NY

Look for candidates that demonstrate extensive understanding of accounting and finance regulations.

11/07/2019: Gastonia, NC

The Chartered Financial Analyst and the Certified Treasury Professional credentials demonstrate an applicant’s knowledge and skills in finance operations.

12/12/2019: Detroit, MI
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Step 6: View average salary for Finance Director

How much does a Finance Director make?

The average salary range for a Finance Director is from $147,666 to $213,398. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Finance Director
$147,666 to $213,398

Step 7: Find relevant Finance Director jobs, and apply.

Looking for Finance Director jobs?

Search Finance Director Jobs in the United States

Step 8: Explore Career Path of Finance Director

Step 8: Explore Career Path of Finance Director? Finance Director