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Director of operations and finance vs operations vice president

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 vs operations vice president overview

Director Of Operations And FinanceOperations Vice President
Yearly salary$118,503$163,076
Hourly rate$56.97$78.40
Growth rate6%6%
Number of jobs186,569147,465
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 70%
Average age4452
Years of experience6-

What does a director of operations and finance do?

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.

What does an operations vice president do?

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.

Director of operations and finance vs operations vice president salary

Directors of operations and finance and operations vice presidents have different pay scales, as shown below.

Director Of Operations And FinanceOperations Vice President
Average salary$118,503$163,076
Salary rangeBetween $77,000 And $181,000Between $106,000 And $249,000
Highest paying CitySan Mateo, CASeattle, WA
Highest paying stateNew JerseyWashington
Best paying companyPure StorageAltar'd State
Best paying industryAutomotiveHospitality

Differences between director of operations and finance and operations vice president education

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 FinanceOperations Vice President
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Director of operations and finance vs operations vice president demographics

Here are the differences between directors of operations and finance' and operations vice presidents' demographics:

Director Of Operations And FinanceOperations Vice President
Average age4452
Gender ratioMale, 61.7% Female, 38.3%Male, 77.7% Female, 22.3%
Race ratioBlack 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 Percentage10%12%

Differences between director of operations and finance and operations vice president duties and responsibilities

Director of operations and finance example responsibilities.

  • Achieve record revenue and EBITDA by Q3.
  • Guide the company to utilize ERP to manage the business versus spreadsheets.
  • Oversee SOX and financial controls, managing SOX compliance and reviewing and refining the existing processes.
  • Achieve Medicare certification and JCAHO accreditation without any deficiencies.
  • Manage financial and operational functions of SaaS and hosting provider for deregulate energy markets.
  • Lead firm through a significant build in talent while simultaneously introducing numerous improvements to the process of financial management and oversight.
  • Show more

Operations vice president example responsibilities.

  • Manage business unit SLA's, define annual goals, operating plans and budgets.
  • Lead a team to use scrum and define, design, develop, and launch a new CRM platform.
  • Manage resource allocation and utilization, and communicate results via reporting dashboards and ROI analysis.
  • Finance and billing accountability across Medicaid, manage care commercial insurance, insurance verification, contract management, and benefits administration.
  • Create financial and sales reporting packages, implement CRM system and expand capabilities of ERP system by integrating additional modules.
  • Provide oversight of initiatives, consolidate customer value add services, regulatory compliance programs including quality management/document control and SOX.
  • Show more

Director of operations and finance vs operations vice president skills

Common director of operations and finance skills
  • Oversight, 6%
  • Financial Operations, 6%
  • Payroll, 5%
  • Human Resources, 4%
  • CPA, 4%
  • Financial Management, 4%
Common operations vice president skills
  • Customer Service, 11%
  • Oversight, 9%
  • Project Management, 5%
  • Process Improvement, 5%
  • Human Resources, 4%
  • Continuous Improvement, 4%

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