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Controller, vice president vs senior vice president

The differences between controllers, vice president and senior 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 a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, 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 a senior vice president are financial services, SVP, and oversight.

Controller, vice president vs senior vice president overview

Controller, Vice PresidentSenior Vice President
Yearly salary$161,965$194,770
Hourly rate$77.87$93.64
Growth rate17%6%
Number of jobs67,40161,380
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 a senior vice president do?

A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.

Controller, vice president vs senior vice president salary

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

Controller, Vice PresidentSenior Vice President
Average salary$161,965$194,770
Salary rangeBetween $110,000 And $237,000Between $125,000 And $302,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateAlaskaWashington
Best paying companyWorld Surf LeagueBrookfield Properties
Best paying industryManufacturingMedia

Differences between controller, vice president and senior vice president education

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

Controller, Vice PresidentSenior 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 senior vice president demographics

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

Controller, Vice PresidentSenior Vice President
Average age4652
Gender ratioMale, 76.5% Female, 23.5%Male, 74.9% Female, 25.1%
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, 76.4% American Indian and Alaska Native, 0.6%
LGBT Percentage11%12%

Differences between controller, vice president and senior 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.
  • Show more

Senior vice president example responsibilities.

  • Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
  • Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
  • Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
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Controller, vice president vs senior 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 senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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