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Controller, vice president vs executive vice president

The differences between controllers, vice president and executive vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a controller, vice president, becoming an executive vice president takes usually requires More than 10 years. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $161,965 average annual salary of a controller, vice president.

The top three skills for a controller, vice president include risk management, oversight and internal controls. The most important skills for an executive vice president are financial statements, oversight, and business development.

Controller, vice president vs executive vice president overview

Controller, Vice PresidentExecutive Vice President
Yearly salary$161,965$216,285
Hourly rate$77.87$103.98
Growth rate17%6%
Number of jobs67,401123,982
Job satisfaction--
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 71%
Average age4652
Years of experience8-

What does a controller, vice president do?

A Controller, Vice President is focused on controlling and directing financial planning and budget management. They supervise the daily operations of the finance department, such as financial reporting, accounts payable, and payroll.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

Controller, vice president vs executive vice president salary

Controllers, vice president and executive vice presidents have different pay scales, as shown below.

Controller, Vice PresidentExecutive Vice President
Average salary$161,965$216,285
Salary rangeBetween $110,000 And $237,000Between $118,000 And $394,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateAlaskaWashington
Best paying companyWorld Surf LeagueGartner
Best paying industryManufacturingTelecommunication

Differences between controller, vice president and executive vice president education

There are a few differences between a controller, vice president and an executive vice president in terms of educational background:

Controller, Vice PresidentExecutive Vice President
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Controller, vice president vs executive vice president demographics

Here are the differences between controllers, vice president' and executive vice presidents' demographics:

Controller, Vice PresidentExecutive Vice President
Average age4652
Gender ratioMale, 76.5% Female, 23.5%Male, 74.7% Female, 25.3%
Race ratioBlack or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 15.2% Asian, 8.9% White, 63.6% American Indian and Alaska Native, 0.3%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage11%12%

Differences between controller, vice president and executive vice president duties and responsibilities

Controller, vice president example responsibilities.

  • Manage a professional staff of 8 responsible for A/R, A/P, inventory control, billing, and collections.
  • Lead the implementation of global processes and documentation requirements aim at meeting Sarbanes-Oxley requirements one year early.
  • Manage regulatory and financial reporting functions, taxation, foreign exchange, treasury, and company administrative matters.
  • Lead implementation of new worldwide consolidation system, Hyperion, significantly reducing closing time and improving controls over the consolidation process.
  • Interface with all levels - liaison to banks, CPA, auditors, legal, and producers.
  • Ensure timely and accurate filings of corporate tax returns and completion of the annual audit by the corporate CPA firm.
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Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
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Controller, vice president vs executive vice president skills

Common controller, vice president skills
  • Risk Management, 10%
  • Oversight, 9%
  • Internal Controls, 6%
  • CPA, 4%
  • Internal Audit, 4%
  • External Auditors, 4%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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