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Accounting director vs finance vice president

The differences between accounting directors and finance vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounting director and a finance vice president. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $132,126 average annual salary of an accounting director.

The top three skills for an accounting director include CPA, GAAP and internal controls. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Accounting director vs finance vice president overview

Accounting DirectorFinance Vice President
Yearly salary$132,126$147,603
Hourly rate$63.52$70.96
Growth rate17%17%
Number of jobs56,323111,219
Job satisfaction-5
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 75%
Average age4646
Years of experience88

What does an accounting director do?

An Accounting Director supervises the general accounting and financial reporting functions, as well as financial services within a company or organization. They also ensure that all transactions and financial policies for their organization meet federal regulations and standards.

What does a finance vice president do?

The vice president of finance is one of the highest-ranking executives in a company. He/She or she works under the chief financial officer, and both have similar duties that are often interchangeable. This executive's primary function is to oversee the company's financial records and project future financial plans and investments. The finance vice president ensures that the company's finances are managed suitably and effectively. This role's responsibilities include leading the team towards achieving the company's financial mission, monitoring the financial performance, preparing and presenting financial reports, and conducting audits on financial expenditures, assets, and liabilities.

Accounting director vs finance vice president salary

Accounting directors and finance vice presidents have different pay scales, as shown below.

Accounting DirectorFinance Vice President
Average salary$132,126$147,603
Salary rangeBetween $89,000 And $193,000Between $98,000 And $222,000
Highest paying CityCambridge, MASan Francisco, CA
Highest paying stateMassachusettsAlaska
Best paying companyYuma Regional Medical CenterBaltimore City Community College
Best paying industryTechnologyManufacturing

Differences between accounting director and finance vice president education

There are a few differences between an accounting director and a finance vice president in terms of educational background:

Accounting DirectorFinance Vice President
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting director vs finance vice president demographics

Here are the differences between accounting directors' and finance vice presidents' demographics:

Accounting DirectorFinance Vice President
Average age4646
Gender ratioMale, 52.0% Female, 48.0%Male, 73.7% Female, 26.3%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 8.6% White, 64.5% American Indian and Alaska Native, 0.3%Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.1% White, 63.4% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between accounting director and finance vice president duties and responsibilities

Accounting director example responsibilities.

  • Manage and coordinate ACH preparation, positive pay and execution activities.
  • Manage and review annual preparation of work papers for CPA firm to coordinate federal returns and state franchise returns.
  • Manage daily receipts, payment reversals, adjustments, ACH and wire payments, and other accounts receivable activity.
  • Lead finance team in major ERP implementation project in the areas of inventory, accounts payable, and general ledger.
  • Lead the effort to establish accounting policy, streamline operating procedures and implement Sarbanes-Oxley compliance processes.
  • Manage foundation accounting and establish internal accounting controls and accounting procedures to ensure contributions are accounted for in accordance with GAAP.
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Finance vice president example responsibilities.

  • Manage day-to-day operation of cash function, as part of earlier treasury department responsibilities, originally heading general accounting responsibilities.
  • Key functions manage included cash management, treasury operations, corporate finance, financial/commodity hedging, credit and international trade finance.
  • Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
  • Implement new policy and procedures for PFS department.
  • Spearhead department-wide conversion of the PFS office to a completely paperless system.
  • Lead in assessment and provide recommendations on government healthcare regulations and reimbursement implications.
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Accounting director vs finance vice president skills

Common accounting director skills
  • CPA, 10%
  • GAAP, 9%
  • Internal Controls, 7%
  • Reconciliations, 5%
  • External Auditors, 5%
  • Payroll, 5%
Common finance vice president skills
  • CPA, 6%
  • Financial Analysis, 5%
  • Oversight, 5%
  • Risk Management, 5%
  • Due Diligence, 3%
  • GAAP, 3%

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