What does a Director of Finance do?

A director of finance is responsible for financial health of a company. They manage the cash flow of an operation to ensure that they can pay all of their weekly obligations. A few of the main duties of a director of finance are creating weekly or monthly financial reports. They also create budgets and create long term plans for the business financially. Some of the jobs titles that a director of finance has held prior are financial analyst, finance manager, and accountant.

A director of finance will have 10 years of experience as well an MBA or Master's in Finance degree. One of the most important skills that a director of finance will have is financial forecasting and planning. Another skill is leadership and business acumen to manage the business finances. They also need to be excellent problem solvers.

  • Develop key financial models
  • Plan for cash spends on different projects
  • Comply with all audits and company policies
  • Create company wide budgets for a fiscal year
  • Adhere to laws and regulations
  • Create presentations for key executives
  • Create company policies for great financial health
  • Manage company cash flows
  • Master's in Finance or MBA
  • Knowledge of financial forecasting
  • Detail and results oriented
  • Leadership and business acumen
  • Expert level problem solver and analytical
  • Ability to take complex data and find the key metrics
  • Desire to learn and grow in the role
  • Experience managing a company's cash flow
  • Strong communication and interpersonal skills

Average Years of Experience

0 - 1
0%
2 - 4
44%
5 - 7
31%
8+
25%

Common Skill Sets

Excellent Communication
Degree IN Finance
Leadership
GAAP
Audit
Enterprise APPLICATION Integration
Strategic Thinking
Microsoft EXCEL

Director of Finance Seniority Levels

L7
Director of Finance
No Salary Reports
L8
Financial Analyst
8% made the transition
Financial Consultant
6% made the transition
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Director of Finance Salaries

Average Base Pay

CA$129,342 /yr
Same as national average
Not including cash compensation
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CA$85k
Median: CA$129k
CA$197k
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Glassdoor Estimated Salary

Director of Finance jobs