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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 | Finance Vice President | |
| Yearly salary | $71,057 | $147,603 |
| Hourly rate | $34.16 | $70.96 |
| Growth rate | 17% | 17% |
| Number of jobs | 98,892 | 111,219 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
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 directors of finance and finance vice presidents have different pay scales, as shown below.
| Assistant Director Of Finance | Finance Vice President | |
| Average salary | $71,057 | $147,603 |
| Salary range | Between $46,000 And $109,000 | Between $98,000 And $222,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | New York | Alaska |
| Best paying company | UCI Health | Baltimore City Community College |
| Best paying industry | Utilities | Manufacturing |
There are a few differences between an assistant director of finance and a finance vice president in terms of educational background:
| Assistant Director Of Finance | Finance Vice President | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between assistant directors of finance' and finance vice presidents' demographics:
| Assistant Director Of Finance | Finance Vice President | |
| Average age | 46 | 46 |
| Gender ratio | Male, 46.7% Female, 53.3% | Male, 73.7% Female, 26.3% |
| Race ratio | Black 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 Percentage | 11% | 11% |