Some of the skills we found on executive vice president resumes included "financial statements," "oversight," and "business development." We have detailed the most important executive vice president responsibilities below.
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.
Executive Vice President Responsibilities
Here are examples of responsibilities from real executive vice president resumes representing typical tasks they are likely to perform in their roles.
- 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.
- Define reimbursement strategy and secure Medicare outpatient reimbursement code (APC).
- Vet, acquire and implant a new EMR in order to become compliant with current Medicare & HIPPA guidelines.
- Develop and execute social media campaigns for clients specifically utilizing Facebook and other social media tools.
- Develop and incorporate customer engagement model, portfolio development, customer service, cost reduction, and technology strategies.
- Coordinate involvement in governmental affairs and interaction with Washington, D.C., lobbyists and elect officials relating to healthcare initiatives.
- Collaborate with operational, financial, strategic steering and leadership oversight for the development and administration of this grass roots organization.
- Formalize public policy and advocacy program by developing healthcare agenda with define guiding principles to focus limit resources on major issues.
- Collaborate with strategic planning groups to develop overall negotiation strategy for each transaction, keeping in line with global portfolio initiatives.
- Staff scheduling, billing and coding, with Medicaid/Medicare claim process.
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Executive Vice President Skills and Personality Traits
We calculated that 9% of Executive Vice Presidents are proficient in Financial Statements, Oversight, and Business Development. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.
We break down the percentage of Executive Vice Presidents that have these skills listed on their resume here:
- Financial Statements, 9%
Provided analysis of financial statements of a privately held company for HNW individual and attended BOD meeting as his financial representative.
- Oversight, 6%
Assumed responsibility for the operational oversight of the 5 Bugaboo regional supervisors as direct reports to streamline overhead and replace redundancies.
- Business Development, 6%
Headed several business groups including Business Development/Marketing, Client Benefits, Human Resource Consulting, Customer Service, Underwriting and Pricing.
- Healthcare, 6%
Served in a variety of healthcare information systems consulting/project management engagements as a Senior Consultant prior to promotion to executive position.
- Revenue Growth, 6%
Conducted comprehensive business analysis and forecasting to ensure consistent revenue growth.
- Strategic Partnerships, 4%
Led customer relationship management, developed strategic partnerships, and managed engineering, technology development, and internal IT.
The three companies that hire the most prestigious executive vice presidents are:
- JLL19 Executive Vice Presidents Jobs
- Wps Health Insurance14 Executive Vice Presidents Jobs
- Ketchum12 Executive Vice Presidents Jobs
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What President/Chief Executive Officers Do
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
In this section, we take a look at the annual salaries of other professions. Take president/chief executive officer for example. On average, the president/chief executive officers annual salary is $24,447 higher than what executive vice presidents make on average every year.
While their salaries may differ, one common ground between executive vice presidents and president/chief executive officers are a few of the skills required in each craft. In both careers, employees bring forth skills like financial statements, oversight, and business development.
There are some key differences in responsibilities as well. For example, an executive vice president responsibilities require skills like "evp," "loan portfolio," "client relationships," and "executive committee." Meanwhile a typical president/chief executive officer has skills in areas such as "start-up," "product line," "non-profit organization," and "government agencies." This difference in skills reveals how truly different these two careers really are.
President/chief executive officers receive the highest salaries in the finance industry coming in with an average yearly salary of $179,795. But executive vice presidents are paid more in the telecommunication industry with an average salary of $198,405.
On average, president/chief executive officers reach similar levels of education than executive vice presidents. President/chief executive officers are 1.3% more likely to earn a Master's Degree and 0.0% less likely to graduate with a Doctoral Degree.
What Are The Duties Of a Vice President & General Manager?
A vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation. They mainly report to high-ranking officials such as the president and board members. Furthermore, a vice president and general manager may perform clerical tasks such as preparing progress reports and presentations, managing schedules, and responding to correspondence.
The next role we're going to look at is the vice president & general manager profession. Typically, this position earns a lower pay. In fact, they earn a $43,798 lower salary than executive vice presidents per year.
A similarity between the two careers of executive vice presidents and vice president & general managers are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "business development," "revenue growth," and "strategic partnerships. "
In addition to the difference in salary, there are some other key differences that are worth noting. For example, executive vice president responsibilities are more likely to require skills like "financial statements," "oversight," "healthcare," and "evp." Meanwhile, a vice president & general manager might be skilled in areas such as "customer service," "business strategy," "project management," and "product line." These differences highlight just how different the day-to-day in each role looks.
It's been discovered that vice president & general managers earn lower salaries compared to executive vice presidents, but we wanted to find out where vice president & general managers earned the most pay. The answer? The media industry. The average salary in the industry is $172,642. Additionally, executive vice presidents earn the highest paychecks in the telecommunication with an average salary of $198,405.
On the topic of education, vice president & general managers earn similar levels of education than executive vice presidents. In general, they're 0.7% more likely to graduate with a Master's Degree and 0.0% less likely to earn a Doctoral Degree.
How a Vice President Of Programming Compares
A vice president of programming is responsible for organizing schedules and negotiating contracts with media producers of networks to release advertisements and other related campaigns for business operations. Vice presidents of programming handle the technical aspect of the creative operations and ensure the stability and efficient performance of network systems to deliver high-quality functions. They also manage the budget and resource allocation, review project management procedures, coordinate with clients, and assist the team in achieving operational goals.
The vice president of programming profession generally makes a lower amount of money when compared to the average salary of executive vice presidents. The difference in salaries is vice president of programmings making $73,318 lower than executive vice presidents.
While looking through the resumes of several executive vice presidents and vice president of programmings we discovered that both professions have similar skills. These similarities include skills such as "oversight," "business development," and "strategic partnerships," but they differ when it comes to other required skills.
As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from executive vice presidents resumes, they are more likely to have skills like "financial statements," "healthcare," "revenue growth," and "evp." But a vice president of programming might have skills like "project management," "portfolio," "program management," and "lean six sigma."
Vice president of programmings make a very good living in the finance industry with an average annual salary of $137,521. Whereas executive vice presidents are paid the highest salary in the telecommunication industry with the average being $198,405.
Vice president of programmings are known to earn similar educational levels when compared to executive vice presidents. Additionally, they're 1.3% less likely to graduate with a Master's Degree, and 1.7% less likely to earn a Doctoral Degree.
Description Of a President
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
Presidents tend to earn a lower pay than executive vice presidents by about $23,956 per year.
While both executive vice presidents and presidents complete day-to-day tasks using similar skills like financial statements, business development, and revenue growth, the two careers also vary in other skills.
Each job requires different skills like "oversight," "healthcare," "strategic partnerships," and "evp," which might show up on an executive vice president resume. Whereas president might include skills like "alumni," "fraternity," "student organizations," and "event planning."
In general, presidents reach lower levels of education when compared to executive vice presidents resumes. Presidents are 5.1% less likely to earn their Master's Degree and 1.3% less likely to graduate with a Doctoral Degree.
Types Of Executive Vice President
Vice President
Average Salary: $158,637
Bachelor's Degree
Available Jobs: 148,582
How To Become a Vice President
President
Average Salary: $192,329
Bachelor's Degree
Available Jobs: 127,149
How To Become a President
Operations Vice President
Average Salary: $163,076
Bachelor's Degree
Available Jobs: 28,636
How To Become an Operations Vice President
Vice President And Manager
Average Salary: $142,496
Bachelor's Degree
Available Jobs: 15,654
How To Become a Vice President And Manager
Finance Vice President
Average Salary: $147,603
Bachelor's Degree
Available Jobs: 13,175
How To Become a Finance Vice President
Regional Vice President
Average Salary: $146,694
Bachelor's Degree
Available Jobs: 10,225