Salary Overview
- Average Salary: The average salary for directors of finance in Charlotte is approximately $150,000 per year.
- Salary Range:
- Entry-Level Directors: Typically earn between $100,000 and $120,000.
- Mid-Level Directors: Generally earn between $120,000 and $180,000.
- Senior Directors: Can command salaries of $180,000 to $250,000 or more, depending on their experience and the size of the organization.
- Bonuses and Benefits: Director-level positions often include bonuses ranging from 15% to 30% of the annual salary, along with comprehensive benefits packages that may include health insurance, retirement plans, and performance incentives.
Job Description
1. Financial Strategy Development
- Develop and implement financial strategies to support business objectives.
- Collaborate with executive leadership to align financial goals with corporate strategy.
- Analyze financial performance and provide recommendations for improvement.
2. Budgeting and Forecasting
- Oversee the budgeting process and ensure adherence to financial targets.
- Prepare and manage financial forecasts to support strategic decision-making.
- Monitor budget performance and analyze variances.
3. Financial Reporting
- Prepare and present financial reports to senior management and stakeholders.
- Ensure compliance with accounting standards and regulatory requirements.
- Analyze financial statements and identify trends and issues.
4. Team Leadership and Development
- Lead and mentor the finance team to enhance performance and professional development.
- Conduct performance evaluations and provide constructive feedback.
- Foster a collaborative work environment to improve team dynamics.
5. Risk Management
- Identify financial risks and develop mitigation strategies.
- Ensure compliance with internal controls and regulatory requirements.
- Conduct financial audits and ensure accurate reporting.
6. Investment Management
- Evaluate investment opportunities and assess financial viability.
- Prepare investment proposals and presentations for stakeholders.
- Monitor investment performance and report findings.
7. Stakeholder Communication
- Communicate financial performance and forecasts to stakeholders.
- Prepare presentations for management meetings and board discussions.
- Collaborate with cross-functional teams to support financial initiatives.
8. Process Improvement
- Identify areas for improvement in financial processes and systems.
- Implement best practices to enhance efficiency and effectiveness.
- Stay updated on industry trends and best practices in financial management.
9. Compliance and Governance
- Ensure compliance with applicable laws and regulations.
- Establish and maintain effective internal control systems.
- Monitor changes in regulations and ensure timely updates to policies.
10. Continuous Learning
- Pursue ongoing education and professional development opportunities.
- Attend industry conferences and workshops to stay informed.
- Share knowledge and insights with the finance team to promote growth.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
