How Much Do Finance Directors 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 finance directors 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 finance directors 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 finance directors are offering as compensation.
Keep reading to learn more about how much finance directors can expect to make in the United States.
At a Glance: Salary & Jobs for Finance Directors
According to data from 2023, there were about 815,711 positions for finance directors in the United States. In terms of salary, the national median salary for finance directors was reported to be $156,104. Additionally, when examining job demand, employers across the country posted 430,841 job postings related to positions for finance directors.
How Much Money Do Finance Directors Make?
Median salary is just one data point. To build a better understanding of how much money finance directors 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 finance directors.
Annual Salary for Finance Directors
According to the BLS, the lowest earners for finance directors 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 finance directors in the United States in 2023 was $156,104.
Annual Salary Range For Finance Directors In 2023
Hourly Salary for Finance Directors
The BLS also breaks down compensation for finance directors by hourly salary, and the median average hourly pay for finance directors in 2023 was $75. Lowest hourly earners took home $40 while the highest reported hourly salaries for finance directors was $141.
Hourly Salary Range For Finance Directors In 2023
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Advertised Compensation for Finance Directors
Data from the BLS is one way to dig into compensation for finance directors, 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 finance directors.
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 Finance Directors
Advertised Annual Salary
During a review of 361,134 job postings related to finance directors, advertised salary was included in 138,465 of them, which was 38%. Based on those postings, the median advertised salary for finance directors was $115,072 per year.
Hourly Salary from Job Postings for Finance Directors
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for finance directors. Based on 32% of postings with advertised compensation, the median hourly salary for open positions for finance directors in the United States is about $55.
Salary Trend for Finance Directors
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for finance directors. 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 finance directors dating back to September 2020, advertised salaries for finance directors have increased 21%.
Advertised Wage Trend For Finance Directors
What's the Job Growth for Finance Directors?
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 finance directors over the next 10 years.
According to the data obtained through Lightcast,™ there were 817,136 jobs for finance directors 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 Finance Directors
Additional Links
Ready to dig deeper into career information about finance directors? Visit our other pages focused on salary and education for finance directors.
What do finance directors do?
Finance Directors: How do you become one?
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