Corporate controller vs finance vice president

The differences between corporate controllers 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 a corporate controller and a finance vice president. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $144,304 average annual salary of a corporate controller.

The top three skills for a corporate controller include payroll, CPA and GAAP. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Corporate controller vs finance vice president overview

	Corporate Controller	Finance Vice President
Yearly salary	$144,304	$147,603
Hourly rate	$69.38	$70.96
Growth rate	17%	17%
Number of jobs	57,715	111,219
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

What does a corporate controller do?

A corporate controller is an individual who is responsible for supervising the overall daily accounting operations of an organization. Integral to the financial health of the organization, corporate controllers are required to help the organization with strategic financial decisions through forecasting reports and financial statements. They oversee maintaining accounting records by keeping and storing them in an operable system. Corporate controllers are also required to manage the accounting operations of the organization's subsidiaries.

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.

Corporate controller vs finance vice president salary

Corporate controllers and finance vice presidents have different pay scales, as shown below.

	Corporate Controller	Finance Vice President
Average salary	$144,304	$147,603
Salary range	Between $99,000 And $209,000	Between $98,000 And $222,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	Alaska
Best paying company	SideCars	Baltimore City Community College
Best paying industry	Manufacturing	Manufacturing

Differences between corporate controller and finance vice president education

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

	Corporate Controller	Finance Vice President
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 75%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Corporate controller vs finance vice president demographics

Here are the differences between corporate controllers' and finance vice presidents' demographics:

	Corporate Controller	Finance Vice President
Average age	46	46
Gender ratio	Male, 72.8% Female, 27.2%	Male, 73.7% Female, 26.3%
Race ratio	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.4% 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%

Differences between corporate controller and finance vice president duties and responsibilities

Corporate controller example responsibilities.

Manage general accounting staff (A/P, A/R, & G/L), financial planning, reporting and analysis functions.
Direct and manage all aspects of the external audit, including implementation of Sarbanes-Oxley requirements.
Lead implementation of SyteLine ERP solution to replace outdate manufacturing software and streamline manufacturing and transaction processes.
Develop long-term financial/ operational strategy for high-tech company as well as managed accounting, finance, and treasury operations.
Facilitate maintenance of treasury and risk management activity serving as primary point of contact for all financially relate matters.
Implement procedures for standard journal entries, monthly reconciliations, account analysis and documentation to support the monthly reporting requirements.

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.

Corporate controller vs finance vice president skills

Common corporate controller skills

Payroll, 7%
CPA, 6%
GAAP, 6%
Internal Controls, 6%
External Auditors, 5%
General Ledger, 3%

Common finance vice president skills

CPA, 6%
Financial Analysis, 5%
Oversight, 5%
Risk Management, 5%
Due Diligence, 3%
GAAP, 3%

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Corporate Controller
Corporate Controller vs Finance Vice President

Updated January 8, 2025

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