Assistant Director of Finance and Administration

Industry:
Public Sector
Last Updated:
July 19, 2023

Job Description Overview

Looking for an Assistant Director of Finance and Administration job description? You’ve come to the right place! In the Public Sector industry, the Assistant Director of Finance and Administration undertakes various tasks related to financial and administrative management. This role requires strong leadership skills, excellent communication skills and a keen eye for detail.

As an Assistant Director of Finance and Administration, you will work collaboratively with other team members to develop, implement and manage financial and administrative programs, policies and procedures. You will be responsible for managing budgets, financial statements, and overseeing accounting and auditing tasks.

You will also be responsible for supervising and managing staff, ensuring compliance with laws and regulations, and developing strategic plans. Overall, you will be responsible for ensuring the effective execution of all financial management and administrative functions within the organization.

If you have a strong background in finance and administration, excellent leadership skills and a passion for the public sector, we encourage you to consider a career as an Assistant Director of Finance and Administration in the public sector.

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Job Duties and Responsibilities

  • Oversees and manages financial operations of the organization.
  • Develops, implements, and monitors budgets for various programs and projects.
  • Prepares financial reports and forecasts for senior management and government agencies.
  • Ensures compliance with government regulations, accounting standards, and internal policies.
  • Provides guidance and support to finance and administrative staff.
  • Coordinates procurement and contract management activities.
  • Manages human resources and payroll functions.
  • Maintains accurate and up-to-date records of financial transactions.
  • Identifies areas for process improvements and recommends changes to senior management.
  • Participates in strategic planning and decision-making processes.

Experience and Education Requirements

To become an Assistant Director of Finance and Administration in the Public Sector, you need a combination of education and work experience. Usually, you need a bachelor's degree in finance, accounting, business administration, or a related field. Relevant work experience in financial management or administration is also essential. You may need to have several years of experience in managing budgets, supervising staff, and implementing financial policies and procedures. Familiarity with various financial software applications and excellent communication skills are also necessary. In addition, experience in the public sector, such as working in a government or non-profit organization, can be advantageous. A commitment to fiscal responsibility and public service is important.

Salary Range

An Assistant Director of Finance and Administration in the Public Sector industry is expected to make a salary range of $65,000 to $130,000 annually in the United States, according to Glassdoor. This salary range may vary depending on factors like the size of the organization, years of experience, and geographic location. For example, an Assistant Director of Finance and Administration in New York City may make a higher salary than one in rural Iowa. In the United Kingdom, an Assistant Director of Finance and Administration can expect to make between £35,000 to £60,000 per year, according to Totaljobs. Similarly, in Canada, the salary range is approximately CAD 60,000 to CAD 122,000, according to Payscale.

Sources:

Glassdoor: https://www.glassdoor.com/Salaries/assistant-director-of-finance-and-administration-salary-SRCH_KO0,51.htm

Totaljobs: https://www.totaljobs.com/salary-checker/average-finance-administration-director-salary

Payscale: https://www.payscale.com/research/CA/Job=AssistantDirectorofFinanceand_Administration/Salary

Career Outlook

The career outlook for an Assistant Director of Finance and Administration in the Public Sector industry is expected to grow over the next five years. According to the Bureau of Labor Statistics, employment in the financial management sector is projected to increase by 15 percent from 2019 to 2029. The public sector will continue to require skilled professionals in finance and administration to manage budgets and ensure compliance with regulations. Additionally, advancements in technology will increase demand for individuals who can manage financial data and interpret it for decision-making. Overall, the need for competent professionals in this field is expected to remain high. As a result, job opportunities for Assistant Directors of Finance and Administration in the Public Sector are likely to increase in the coming years.

Frequently Asked Questions (FAQ)

Q: What does an Assistant Director of Finance and Administration in the Public Sector do?

A: An Assistant Director of Finance and Administration is responsible for overseeing the financial and administrative aspects of a government organization or agency. This includes creating budgets, monitoring spending, managing staff, and ensuring compliance with regulations.

Q: What qualifications do I need to become an Assistant Director of Finance and Administration in the Public Sector?

A: Typically, a bachelor's degree in finance, accounting, business administration or a related field is required. In addition, relevant work experience in finance or administration is necessary.

Q: What skills are necessary to succeed as an Assistant Director of Finance and Administration?

A: Critical thinking, problem-solving, communication, leadership, and budgeting skills are essential for succeeding in this role. Attention to detail, organization, and the ability to work well in a team environment are also important.

Q: What is the salary range for an Assistant Director of Finance and Administration in the Public Sector?

A: The salary range for an Assistant Director of Finance and Administration in the Public Sector varies depending on the location, organization, and level of experience. Typically, salaries range from $60,000 to $120,000 per year.

Q: What is the career outlook for an Assistant Director of Finance and Administration in the Public Sector?

A: The career outlook for this role is positive, with steady job growth projected for the coming years. As government organizations and agencies continue to expand, so too will the demand for qualified finance and administration professionals.


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