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The differences between directors of operations and finance and operations vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a director of operations and finance, becoming an operations vice president takes usually requires More than 10 years. Additionally, an operations vice president has an average salary of $163,076, which is higher than the $118,503 average annual salary of a director of operations and finance.
The top three skills for a director of operations and finance include oversight, financial operations and payroll. The most important skills for an operations vice president are customer service, oversight, and project management.
| Director Of Operations And Finance | Operations Vice President | |
| Yearly salary | $118,503 | $163,076 |
| Hourly rate | $56.97 | $78.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 186,569 | 147,465 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
A director of operations and finance is in charge of overseeing and spearheading business and financial operations, ensuring efficiency and smooth workflow. Their responsibilities revolve around performing research and analysis to identify the best practices to optimize operations, coordinating with different departments to gather data, conducting research and analysis to identify new business and investment opportunities, and monitoring the progress of various projects and programs. Furthermore, as a director, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
The responsibilities of an operations vice president will revolve around overseeing business operations and ensuring workforce and workflow efficiency through evaluations and providing strategic plans that would drive the company to meet its vision and mission. An operations vice president, in adherence to the company policies and regulations, also has the power to hire and train employees, even to execute disciplinary actions such as termination or suspension when necessary. Furthermore, an operations vice president also has discretion in reviewing and approving reports and requirements in various aspects such as budgeting and new policies.
Directors of operations and finance and operations vice presidents have different pay scales, as shown below.
| Director Of Operations And Finance | Operations Vice President | |
| Average salary | $118,503 | $163,076 |
| Salary range | Between $77,000 And $181,000 | Between $106,000 And $249,000 |
| Highest paying City | San Mateo, CA | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Pure Storage | Altar'd State |
| Best paying industry | Automotive | Hospitality |
There are a few differences between a director of operations and finance and an operations vice president in terms of educational background:
| Director Of Operations And Finance | Operations Vice President | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of operations and finance' and operations vice presidents' demographics:
| Director Of Operations And Finance | Operations Vice President | |
| Average age | 44 | 52 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 77.7% Female, 22.3% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |