Director of Finance Jobs in Boston, Massachusetts: Salary Overview and Job Description

Boston, Massachusetts, is a thriving hub for finance and business, offering numerous Director of Finance job opportunities. This article provides an overview of Director of Finance jobs in Boston, including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: Director of Finance Jobs in Boston, Massachusetts

Job Title                             Salary Range

Director of Finance             $120,000 – $250,000

Senior Director of Finance $150,000 – $300,000

VP of Finance                    $180,000 – $350,000

Chief Financial Officer       $200,000 – $400,000

Job Description: Director of Finance

Key Responsibilities:

1. Strategic Financial Planning: Develop and implement financial strategies.
2. Financial Leadership: Lead and manage finance teams.
3. Financial Analysis: Conduct financial analysis and review.
4. Financial Reporting: Prepare financial reports and presentations.
5. Budgeting and Forecasting: Manage budgets and forecasts.
6. Risk Management: Identify and mitigate financial risks.
7. Compliance: Ensure compliance with regulations.

Requirements

1. Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
2. Experience: Minimum 10-15 years of finance experience.
3. Language Skills: Fluency in English.
4. Technical Skills: Proficiency in financial software.
5. Soft Skills: Strong leadership, communication, and analytical abilities.

Industry-Specific Requirements

1. Healthcare: Knowledge of healthcare finance regulations.
2. Financial Services: Familiarity with financial services regulations.
3. Technology: Understanding of technology finance.
4. Non-Profit: Knowledge of non-profit finance.

Career Path and Progression

1. Financial Manager → Director of Finance
2. Director of Finance → Senior Director of Finance
3. Senior Director of Finance → VP of Finance
4. VP of Finance → Chief Financial Officer

Challenges and Opportunities

1. Regulatory Complexity: Navigate complex regulatory environment.
2. Economic Volatility: Manage financial risks amidst economic uncertainty.
3. Growth Opportunities: Identify emerging opportunities in finance.
4. Talent Development: Attract and retain top finance talent.

Job Opportunities in Boston, Massachusetts

1. Boston Medical Center
2. Massachusetts General Hospital
3. Fidelity Investments
4. State Street Corporation
5. Biogen
6. Boston University
7. Harvard University
8. Massachusetts Institute of Technology (MIT)
9. Liberty Mutual Insurance
10. Eastern Bank

Top Job Titles in Boston, Massachusetts

1. Director of Finance
2. Senior Director of Finance
3. VP of Finance
4. Chief Financial Officer
5. Financial Planning Director
6. Financial Analysis Director
7. Risk Management Director
8. Compliance Director
9. Financial Reporting Director
10. Financial Strategy Director

Skills Required

1. Strategic financial planning
2. Financial leadership
3. Financial analysis
4. Financial reporting
5. Budgeting and forecasting
6. Risk management
7. Compliance
8. Leadership and team management
9. Communication and interpersonal skills
10. Analytical and problem-solving skills

Average Salary Growth Rate: 5-7% per annum

Job Satisfaction Rate: 8.5/10

Conclusion

Director of Finance jobs in Boston, Massachusetts, offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Boston is an attractive destination for finance professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com