For this high-level position, companies look for candidates who have a minimum of 10 years of experience in finance or accounting, at least some of which must be in a managerial capacity. Strong quantitative and analytical skills, as well as solid business and financial acumen, are required, along with expertise in financial operations, controls, reporting and systems. Collaboration, communication and strategic-thinking skills are also crucial to the position. Many businesses require the director of financial systems to have a CPA, CGMA or CMA designation; a project management certification; and a bachelor’s degree in accounting, finance, information technology or business, though many prefer candidates with a master’s degree in these fields. Proficiency with Microsoft Office, ERP systems and database tools are likewise required.
Typical director of financial systems duties:
Defining and driving long-term strategy for financial systems and related processesWorking with business units and IT to address specific financial systems issues and requirementsDeveloping strategies for analyzing metrics to identify trends, processes, and system opportunities and recommending actionApplying broad industry and commercial awareness to drive financial and operational performanceWorking with IT to drive system enhancements, upgrades and modificationsLeading the design, resource management, implementation and support of finance system solutionsDirecting and coordinating the activities of financial systems staff to ensure that projects are on scheduleMonitoring project results against objectives, milestones and scopeOverseeing solution testing, training and communication
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Salary for Director of Financial Systems in Knoxville, TN
128828 -
185120
25th percentile
128828
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
155528
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
185120
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
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