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Assistant director of finance vs finance vice president

The differences between assistant directors of finance 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 assistant director of finance and a finance vice president. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $71,057 average annual salary of an assistant director of finance.

The top three skills for an assistant director of finance include customer service, payroll and reconciliations. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Assistant director of finance vs finance vice president overview

Assistant Director Of FinanceFinance Vice President
Yearly salary$71,057$147,603
Hourly rate$34.16$70.96
Growth rate17%17%
Number of jobs98,892111,219
Job satisfaction-5
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Average age4646
Years of experience88

What does an assistant director of finance do?

An assistant director of finance is responsible for overseeing the financial activities of a company, ensuring accuracy and smooth workflow. They are also in charge of implementing company policies and regulations, creating new ones as needed while coordinating with the director. Moreover, an assistant director of finance may perform audits and risk assessments, allocate budgets and schedules, coordinate with different departments to gather necessary data, and create new strategies to optimize the workflow and the performance of the workforce.

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.

Assistant director of finance vs finance vice president salary

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

Assistant Director Of FinanceFinance Vice President
Average salary$71,057$147,603
Salary rangeBetween $46,000 And $109,000Between $98,000 And $222,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateNew YorkAlaska
Best paying companyUCI HealthBaltimore City Community College
Best paying industryUtilitiesManufacturing

Differences between assistant director of finance and finance vice president education

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

Assistant Director Of FinanceFinance Vice President
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant director of finance vs finance vice president demographics

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

Assistant Director Of FinanceFinance Vice President
Average age4646
Gender ratioMale, 46.7% Female, 53.3%Male, 73.7% Female, 26.3%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 8.9% White, 63.7% 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 assistant director of finance and finance vice president duties and responsibilities

Assistant director of finance example responsibilities.

  • Manage FSEOG & FWS programs in the campus.
  • Lead team of individuals responsible for completion of verification, R2T4, and student file audits.
  • Manage a majority of payroll ensuring that there are accurate accruals and necessary deductions.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Complete state and federal reporting which pertain to financial aid such as IPEDS, FISAP, and HLC reports.
  • Prepare journal entries, prepare reconciliations, produce financial productivity reports, and liaise with business managers as lead accounting point-of-contact.
  • Show more

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.
  • Show more

Assistant director of finance vs finance vice president skills

Common assistant director of finance skills
  • Customer Service, 9%
  • Payroll, 8%
  • Reconciliations, 5%
  • Financial Analysis, 5%
  • Financial Data, 4%
  • Cash Control, 4%
Common finance vice president skills
  • CPA, 6%
  • Financial Analysis, 5%
  • Oversight, 5%
  • Risk Management, 5%
  • Due Diligence, 3%
  • GAAP, 3%

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