Finance Director Salary in Ohio
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Finance Director undefined, Ohio Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $75,630 | $36.36 |
25th | $100,450 | $48.29 |
Median | $131,610 | $63.27 |
75th | $175,290 | $84.28 |
90th | $230,320 | $110.73 |
Best Schools to become a Finance Director in Ohio 2024
Eastern Gateway Community College
Ohio State University-Main Campus
Sinclair Community College
Franklin University
University of Cincinnati-Main Campus
Ohio University-Main Campus
Browse Finance Director Salaries by the Top Cities in Ohio
Finance Director Salary in Ohio FAQs
What qualifications do I need to become a Finance Director in Ohio?
To become a Finance Director in Ohio, you typically need a bachelor's degree in finance, accounting, business administration, or a related field. Many employers prefer candidates with a master's degree, such as an MBA with a focus on finance. Professional certifications, such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA), can also enhance your qualifications and career prospects.What responsibilities can I expect as a Finance Director?
As a Finance Director, you will be responsible for overseeing the financial operations of an organization. This includes developing financial policies, directing budgeting processes, preparing financial reports, ensuring compliance with regulations, managing financial risks, and leading a team of finance professionals. You will also play a key role in strategic planning and decision-making.What industries typically employ Finance Directors in Ohio?
Finance Directors can be found in a variety of industries in Ohio, including healthcare, manufacturing, education, non-profit organizations, retail, and financial services. Each sector may have specific requirements and expectations for the role, so it's important to tailor your skills and experience to the industry you are targeting.How does work experience impact my salary as a Finance Director?
Work experience is a significant factor in determining your salary as a Finance Director. Generally, the more years of relevant experience you have, particularly in leadership positions, the higher your earning potential will be. Employers often look for individuals who have demonstrated successful financial management and strategic planning skills over time.What skills are essential for a Finance Director?
Key skills for a Finance Director include strategic thinking, strong analytical abilities, leadership and team management, excellent communication skills, proficiency in financial software, and a solid understanding of accounting principles and financial regulations. Additionally, the ability to collaborate effectively with other departments is critical.Are there opportunities for advancement as a Finance Director?
Yes, there are opportunities for advancement. A Finance Director position can lead to higher executive roles such as Chief Financial Officer (CFO) or Vice President of Finance. Continued professional development, networking, and performance can enhance your prospects for moving up the corporate ladder.What is the typical work environment for a Finance Director?
Finance Directors usually work in an office environment, either in a corporate setting or for non-profit organizations. The role may involve regular hours, with occasional extended hours during budget preparation or financial reporting periods. Remote work opportunities may also be available, depending on the organization.How important is networking in finding a Finance Director position?
Networking is crucial in finding a Finance Director position. Building relationships with professionals in your industry can lead to job opportunities and valuable insights into the hiring process. Joining professional organizations, attending industry conferences, and participating in relevant online forums can help expand your network.What are the typical benefits associated with a Finance Director position?
Benefits for Finance Directors often include health insurance, retirement plans, bonuses, and stock options. Some employers may also offer additional perks such as flexible work schedules, paid time off, and professional development opportunities. It’s important to evaluate the entire benefits package when considering a job offer.