What does a business services vice president do?
Business services vice president responsibilities
Here are examples of responsibilities from real business services vice president resumes:
- Manage a portfolio of inpatient and outpatient products market to major academic medical centers, community hospitals and nursing homes.
- Develop strategic plan, ROI goals, and incentive plans.
- Develop a pipeline of key relationship sources for business opportunities that include the bank's branch network and CPA's.
- Coordinate internal partner activities for treasury services, credit card processing, wealth , 401K, insurance and other banking services.
- Process payroll and administer employee benefits.
- Provide specialized CRM consulting, strategy development and systems integration services to help clients leverage technology to build effective customer relationships.
- Implement workflow and data management workstation for product data services group, supporting equities, options and fix income securities.
- Procure and return required equipment/supplies for all surgery cases.
Business services vice president skills and personality traits
We calculated that 10% of Business Services Vice Presidents are proficient in Business Services, Service Delivery, and Financial Statements. They’re also known for soft skills such as Detail oriented, Math skills, and Analytical skills.
We break down the percentage of Business Services Vice Presidents that have these skills listed on their resume here:
- Business Services, 10%
Facilitate and coordinate multiple vendor conferences and training presentations of Business Services products and promotions.
- Service Delivery, 8%
Develop comprehensive technology strategies to identify products/services that best address current and future customer needs in product and service delivery.
- Financial Statements, 7%
Revised confidential financial statements and reviewed for accuracy and trends.
- Financial Analysis, 6%
Provide financial analysis and cash flow projections determining future leverage, cost benefit and future repayment ability
- Business Development, 5%
Developed strategic planning program and operating service model, customer support model and business development platform.
- Shared Services, 5%
Coordinated Internal and Shared Services Development Capacity Planning and Resource Management along with Third Party Vendor Controls and Performance Optimization.
Common skills that a business services vice president uses to do their job include "business services," "service delivery," and "financial statements." You can find details on the most important business services vice president responsibilities below.
Detail oriented. To carry out their duties, the most important skill for a business services vice president to have is detail oriented. Their role and responsibilities require that "in preparing and analyzing reports, such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors." Business services vice presidents often use detail oriented in their day-to-day job, as shown by this real resume: "supported the proposal writing and capture management process to detail contractual modifications and business development opportunities. "
Math skills. Many business services vice president duties rely on math skills. "financial managers need strong skills in certain branches of mathematics, including algebra," so a business services vice president will need this skill often in their role. This resume example is just one of many ways business services vice president responsibilities rely on math skills: "obtained statistics certification in data mining and predictive analytics used to identify trends in customer behavior. "
Analytical skills. business services vice presidents are also known for analytical skills, which are critical to their duties. You can see how this skill relates to business services vice president responsibilities, because "to assist executives in making decisions, financial managers need to evaluate data and information that affects their organization." A business services vice president resume example shows how analytical skills is used in the workplace: "review and monitor all commercial and retail loan applications including financial analysis and potential banking relationship opportunities. "
Organizational skills. For certain business services vice president responsibilities to be completed, the job requires competence in "organizational skills." The day-to-day duties of a business services vice president rely on this skill, as "because financial managers deal with a range of information and documents, they must have structures in place to be effective in their work." For example, this snippet was taken directly from a resume about how this skill applies to what business services vice presidents do: "hired to build a cost effective information technology infrastructure and lead the following projects and organizational changes:. "
Communication skills. Another common skill required for business services vice president responsibilities is "communication skills." This skill comes up in the duties of business services vice presidents all the time, as "financial managers must be able to explain and justify complex financial transactions." An excerpt from a real business services vice president resume shows how this skill is central to what a business services vice president does: "provided business management and communications support for senior executives. "
See the full list of business services vice president skills
The three companies that hire the most business services vice presidents are:
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Compare different business services vice presidents
Business services vice president vs. Credit manager
A credit manager is an individual who supervises the credit granting process for a company by evaluating the creditworthiness of potential customers. Credit managers must maintain corporate credit policy to optimize company sales and reduce bad debt losses. They must manage the proper relationship with agencies such as the collection agency, credit insurance providers, and the sales department. Credit managers may work in different industries such as banks, accounting firms, or auto dealerships. They must also possess a bachelor's degree in financial management or related field.
There are some key differences in the responsibilities of each position. For example, business services vice president responsibilities require skills like "business services," "service delivery," "business development," and "shared services." Meanwhile a typical credit manager has skills in areas such as "customer service," "credit card," "credit risk," and "credit policy." This difference in skills reveals the differences in what each career does.
Credit managers earn the highest salaries when working in the finance industry, with an average yearly salary of $86,294. On the other hand, business services vice presidents are paid more in the media industry with an average salary of $146,382.credit managers tend to reach lower levels of education than business services vice presidents. In fact, credit managers are 7.3% less likely to graduate with a Master's Degree and 1.5% less likely to have a Doctoral Degree.Business services vice president vs. Accounts receivable manager
An accounts receivable manager is responsible for overseeing the financial matters in a business or company, focusing on the generated sales and income. Moreover, they are also responsible for maintaining an accurate and efficient collection of payments, conducting research and analysis, and supervising the workforce, striving to meet all the goals within the allotted time. As a manager in the department, it is also vital to lead fellow skilled professionals and implement the policies and regulations of the company or organization.
Each career also uses different skills, according to real business services vice president resumes. While business services vice president responsibilities can utilize skills like "business services," "service delivery," "financial analysis," and "business development," accounts receivable managers use skills like "customer service," "accounts receivables," "financial reports," and "reconciliations."
On average, accounts receivable managers earn a lower salary than business services vice presidents. Some industries support higher salaries in each profession. Interestingly enough, accounts receivable managers earn the most pay in the technology industry with an average salary of $83,928. Whereas business services vice presidents have higher pay in the media industry, with an average salary of $146,382.Average education levels between the two professions vary. Accounts receivable managers tend to reach lower levels of education than business services vice presidents. In fact, they're 8.7% less likely to graduate with a Master's Degree and 1.5% less likely to earn a Doctoral Degree.Business services vice president vs. Assistant branch manager
An assistant branch manager's primary responsibility is to oversee the daily operations in their designated area, ensuring that everything is running smoothly from the workflow to the workforce. Although the tasks will vary depending on the organization or industry where one is involved, most of it will revolve around evaluating and monitoring employees' progress. Additional duties include responding to calls and inquiries, managing work schedules, and making sure that customers are satisfied with all services and transactions. Moreover, an assistant branch manager must also prioritize meeting the sales targets and staying within the allotted budget and deadlines.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from business services vice president resumes include skills like "business services," "service delivery," "financial analysis," and "shared services," whereas an assistant branch manager is more likely to list skills in "quality customer service," "branch management," "excellent organizational," and "loan applications. "
Assistant branch managers make a very good living in the transportation industry with an average annual salary of $48,965. On the other hand, business services vice presidents are paid the highest salary in the media industry, with average annual pay of $146,382.Most assistant branch managers achieve a lower degree level compared to business services vice presidents. For example, they're 10.0% less likely to graduate with a Master's Degree, and 1.6% less likely to earn a Doctoral Degree.Business services vice president vs. Branch manager
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Types of business services vice president
Updated January 8, 2025
