Director of Financial Analysis in Detroit, MI

Director of Financial Analysis Job Description

The director of financial analysis must have strong analytical, critical thinking, leadership, presentation and organization skills to go along with a solid background in financial planning and analysis. The position requires a bachelor’s degree in accounting, finance, economics or a related field, but many businesses also seek candidates with an MBA. Top candidates have a minimum of eight years of relevant experience and at least two years of experience supervising others. Excellent verbal, writing and interpersonal communication skills are a must, as this role includes communicating complex information to coworkers in all departments and at all levels.

Typical director of financial analysis duties:

Managing the budgeting and forecasting process

Creating projections for performance analyses

Assisting in cross-functional strategic and long-range planning

Providing analysis and recommendations to help the business optimize the effectiveness and efficiency of processes and expenditures

Preparing models to evaluate and prioritize new business initiatives

Developing and maintaining key performance metrics

Developing and delivering presentations to management

Supervising and training financial analyst staff

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Salary for Director of Financial Analysis in Detroit, MI

127750 - 199250

25th percentile

127750

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

166750

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

199250

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Manager of Financial Analysis

99250

118000

138750

Senior Financial Analyst

84750

105000

115750

Financial Analyst, 1-3 Years’ Experience

64500

78500

91250

Entry-Level Financial Analyst

52250

60750

69000

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