As of April 01, 2025, the average annual salary for a FP & A Director in Worcester, MA is $208,700. According to Salary.com, salaries can range from a low of $166,288 to a high of $260,091, with most professionals earning between $186,500 and $235,600.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $235,600 | $19,633 | $4,531 | $113 |
| Average | $208,700 | $17,392 | $4,013 | $100 |
| 25th Percentile | $186,500 | $15,542 | $3,587 | $90 |
An entry-level FP & A Director with under 1 year experience makes about $188,868. With less than 2 years of experience, a mid-level FP & A Director makes around $191,093. After 2-4 years, the FP & A Director pay rises to about $194,061. Those senior FP & A Director with 5-8 years of experience earn roughly $197,771, and those FP & A Director having 8 years or more experience are expected to earn about $201,480 on average.
| Levels | Salary |
|---|---|
| Entry Level FP & A Director | $188,868 |
| Intermediate Level FP & A Director | $191,093 |
| Senior Level FP & A Director | $194,061 |
| Specialist Level FP & A Director | $197,771 |
| Expert Level FP & A Director | $201,480 |
| Entry Level | 10% |
| Mid Level | 8% |
| Senior Level | 7% |
| Top Level | 5% |
| Experienced | 3% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Financial Modeling: Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project, or any other investment. Typically, then, financial modeling is understood to mean an exercise in either asset pricing or corporate finance, of a quantitative nature. It is about translating a set of hypotheses about the behavior of markets or agents into numerical predictions. At the same time, "financial modeling" is a general term that means different things to different users; the reference usually relates either to accounting and corporate finance applications, or to quantitative finance applications. While there has been some debate in the industry as to the nature of financial modeling—whether it is a tradecraft, such as welding, or a science—the task of financial modeling has been gaining acceptance and rigor over the years.
Variance Analysis: Analysis of variance (ANOVA) is a collection of statistical models and their associated estimation procedures (such as the "variation" among and between groups) used to analyze the differences among group means in a sample. ANOVA was developed by statistician and evolutionary biologist Ronald Fisher. The ANOVA is based on the law of total variance, where the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether two or more population means are equal, and therefore generalizes the t-test beyond two means.
| Skill | Salary | Demand |
|---|---|---|
|
Corporate Finance
|
$219,135 |
5%
|
|
Decision Support
|
$217,048 |
4%
|
|
Insight
|
$214,961 |
3%
|
|
Alignment
|
$214,961 |
3%
|
|
Financial Modeling
|
$214,961 |
3%
|
|
Decision Making
|
$214,961 |
3%
|
