Trade guide
Administrative and Financial Director
An administrative and financial director is a person responsible for the administrative and financial aspects of an organisation. He or she is also responsible for overseeing the day-to-day operations of the company, including human resources, payroll, accounting and budgeting.
The business
What is an Administrative and Financial Director?
Its role
The administrative and financial director is responsible for the day-to-day management of an organisation. They are also responsible for ensuring that the organisation’s financial records are up to date and accurate. The CFO is often required to make decisions on behalf of the company for which he or she works.
Its field of action
Above all, they advise on strategic decisions. He is therefore a central figure in companies. The Administrative and Financial Director is responsible for managing the company’s administrative, financial and legal affairs. This includes ensuring that decisions comply with laws, regulations and industry standards. The Administrative and Financial Director also oversees the operations of the company’s business offices.
The functions
What are the duties of an Administrative and Financial Director?
The Administrative and Financial Director is responsible for the day-to-day management of the company. He or she oversees the administration and accounting of all aspects of the business, including :
maintain regulatory compliance with government agencies and industry regulations
monitor and manage office policies
draw up a budget for the administrative, financial and legal departments
financial monitoring
manage the company’s human resources requirements
implement budgetary policies to ensure that fiscal responsibility is maintained
ensure compliance with state and local laws
supervise the operations of the company’s business offices
manage payroll processing and ensure accuracy in all areas of payroll processing
preparing reports for senior management on all aspects of accounting activities (e.g. accounts receivable/payable).
Qualifications
The qualities and skills needed to be a good Finance and Administration Director
A good Administrative and Financial Director needs to have excellent organisational skills to cope with all the tasks he or she has to perform on a daily basis. They must also be able to maintain a positive attitude even when faced with arduous tasks or difficult situations. They must be able to handle pressure and stress.
As an administrator, the administrative director must have good organisational and interpersonal skills. Finance directors manage the company’s finances and must have excellent accounting skills. They must also have a good grasp of business law. A CFO is also someone who is seen as trustworthy by employees. It is therefore important that they have integrity and are honest with their staff about the state of the organisation.
The benefits
What are the advantages of being an Administrative and Financial Director?
Whether in a company, an administration or a private or public organisation, the Administrative and Financial Director plays a key role. He or she is at the heart of the company, performing a wide range of functions. This is one of the main advantages of the job: the diversity of the areas of activity.
The job of Administrative and Financial Director also calls for multiple tasks.
It is involved in several significant areas of corporate life: administration and finance. This gives it an important status.
In this sense, the salary is very attractive. In fact, it is one of the best paid positions in a company. The Director also benefits from other advantages, including various bonuses and allowances.
Remuneration
Finance and Administration Director: salary and career development
The salary of an administrative and financial director varies according to the organisation in which he or she works. However, pay can increase depending on the sector of activity and seniority. Net monthly pay is around €2,500 to €4,500 at the start of a career. At the end of the career, it can reach the highest point on the scale for exceptional administrative directors.
This salary scale comprises several elements: the main salary, to which may be added bonuses depending on the technical nature of the post and allowances. For example: residence allowance, fixed transport reimbursement, profit-sharing, bonus.
Up to
4 500€
Salary per month
Training courses
How do you become an Administrative and Financial Director?
Our training courses
Are you interested in becoming an administrative and financial director? INSEEC offers courses that enable students to gain professional experience, leading to a master’s degree or RNCP diploma. To become an administrative and financial director, you need a bachelor’s or bachelor’s degree followed by a master’s degree in management, economics, business law or finance-accounting:
To reach the position of administrative director, you need to have a few years’ experience in an accountancy firm or as an administrative and financial manager.
Discover
Other jobs that may interest you
INSEEC offers a wide range of programmes to help you train for your dream job.
All about
Our guides
Consult our guides to find out all you need to know about education, work-linked training and careers.
