How Much Do Directors of Finance Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary directors of finance make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for directors of finance and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of directors of finance are offering as compensation.
Keep reading to learn more about how much directors of finance can expect to make in the United States.
At a Glance: Salary & Jobs for Directors of Finance
According to data from 2023, there were about 815,711 positions for directors of finance in the United States. In terms of salary, the national median salary for directors of finance was reported to be $156,104. Additionally, when examining job demand, employers across the country posted 430,841 job postings related to positions for directors of finance.
How Much Money Do Directors of Finance Make?
Median salary is just one data point. To build a better understanding of how much money directors of finance and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for directors of finance.
Annual Salary for Directors of Finance
According to the BLS, the lowest earners for directors of finance and related professions earned about $82,867 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $293,951 annually.
As mentioned previously, the median salary for directors of finance in the United States in 2023 was $156,104.
Annual Salary Range For Directors of Finance In 2023
Hourly Salary for Directors of Finance
The BLS also breaks down compensation for directors of finance by hourly salary, and the median average hourly pay for directors of finance in 2023 was $75. Lowest hourly earners took home $40 while the highest reported hourly salaries for directors of finance was $141.
Hourly Salary Range For Directors of Finance In 2023
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Advertised Compensation for Directors of Finance
Data from the BLS is one way to dig into compensation for directors of finance, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for directors of finance.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Directors of Finance
Advertised Annual Salary
During a review of 361,134 job postings related to directors of finance, advertised salary was included in 138,465 of them, which was 38%. Based on those postings, the median advertised salary for directors of finance was $115,072 per year.
Hourly Salary from Job Postings for Directors of Finance
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for directors of finance. Based on 32% of postings with advertised compensation, the median hourly salary for open positions for directors of finance in the United States is about $55.
Salary Trend for Directors of Finance
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for directors of finance. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for directors of finance dating back to September 2020, advertised salaries for directors of finance have increased 21%.
Advertised Wage Trend For Directors of Finance
What's the Job Growth for Directors of Finance?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for directors of finance over the next 10 years.
According to the data obtained through Lightcast,™ there were 817,136 jobs for directors of finance in the United States in 2023. By 2033, it is expected that about 154,455 jobs will be added. That's a 18.9% increase over the next 10-year period.
Employment Projections For Directors of Finance
Additional Links
Ready to dig deeper into career information about directors of finance? Visit our other pages focused on salary and education for directors of finance.
What do directors of finance do?
Directors of Finance: How do you become one?
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