New York City, a global hub for finance and business, offers lucrative career opportunities for finance professionals. The Director of Finance role is a senior leadership position that requires strategic financial expertise and exceptional leadership skills. This article provides an in-depth overview of Director of Finance jobs in New York City, including salary ranges and a detailed job description.
Salary Overview
Director of Finance salaries in New York City vary based on factors such as industry, company size, experience, and certifications. Here are approximate salary ranges:
– Small-sized companies (revenue < $500M): $150,000-$250,000 per year
– Medium-sized companies (revenue $500M-$1B): $250,000-$350,000 per year
– Large-sized companies (revenue $1B-$5B): $350,000-$500,000 per year
– Publicly traded companies: $500,000-$750,000 per year
Job Description
Key Responsibilities:
- Strategic Financial Planning: Develop and implement financial strategies.
- Financial Reporting: Oversee financial reporting and compliance.
- Budgeting and Forecasting: Develop and manage budgets and forecasts.
- Financial Analysis: Conduct financial analysis and provide insights.
- Investor Relations: Communicate with investors and analysts.
- Mergers and Acquisitions: Evaluate and execute M&A opportunities.
- Risk Management: Identify and mitigate financial risks.
- Leadership: Lead and manage finance teams.
Requirements:
- Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
- Experience: Minimum 8-12 years of finance experience.
- Language Skills: Fluency in English.
- Technical Skills: Proficiency in financial software, such as Excel, Bloomberg, or Thomson Reuters.
- Soft Skills: Strong leadership, communication, and problem-solving abilities.
Industry-Specific Requirements:
- Financial Services: Knowledge of financial markets and instruments.
- Healthcare: Understanding of medical accounting and billing.
- Technology: Familiarity with software development and project management.
Career Path and Progression:
- Financial Controller: Director of Finance
- Financial Manager: Director of Finance
- VP Finance: CFO
- Director of Finance: CFO or COO
Challenges and Opportunities:
- Regulatory Complexity: Navigate complex regulatory environment.
- Economic Volatility: Manage financial risks amidst economic uncertainty.
- Growth Opportunities: Identify emerging opportunities in finance.
- Talent Development: Attract and retain top finance talent.
Skills Required:
- Strategic financial planning
- Financial reporting and compliance
- Budgeting and forecasting
- Financial analysis
- Investor relations
- Mergers and acquisitions
- Risk management
- Leadership and management
- Communication and interpersonal skills
- Technical skills in financial software
Average Salary Growth Rate: 10-12% per annum
Job Satisfaction Rate: 8.5/10
Conclusion:
Director of Finance jobs in New York City offer challenging and rewarding career opportunities. With competitive salaries and growing demand, New York City is an attractive destination for finance professionals.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
