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Finance director vs controller, vice president

The differences between finance directors and controllers, vice president can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a finance director and a controller, vice president. Additionally, a controller, vice president has an average salary of $161,965, which is higher than the $118,518 average annual salary of a finance director.

The top three skills for a finance director include CPA, financial analysis and payroll. The most important skills for a controller, vice president are risk management, oversight, and internal controls.

Finance director vs controller, vice president overview

Finance DirectorController, Vice President
Yearly salary$118,518$161,965
Hourly rate$56.98$77.87
Growth rate17%17%
Number of jobs90,01267,401
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Average age4646
Years of experience88

What does a finance director do?

A finance director's role is to oversee all financial activities and aspects of a company or organization. One of their duties is to gather necessary financial data and cultivate reports on essential matters such as revenue and budget, provide risk assessments and estimates, implement vital policies, and allocate funds within the company. Furthermore, a finance director must also devise strategies and recommend innovative methods for financial gains, while in adherence to the organization's policies and regulations.

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.

Finance director vs controller, vice president salary

Finance directors and controllers, vice president have different pay scales, as shown below.

Finance DirectorController, Vice President
Average salary$118,518$161,965
Salary rangeBetween $76,000 And $183,000Between $110,000 And $237,000
Highest paying CityPalo Alto, CASan Francisco, CA
Highest paying stateCaliforniaAlaska
Best paying companyMetaWorld Surf League
Best paying industryManufacturingManufacturing

Differences between finance director and controller, vice president education

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

Finance DirectorController, Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance director vs controller, vice president demographics

Here are the differences between finance directors' and controllers, vice president' demographics:

Finance DirectorController, Vice President
Average age4646
Gender ratioMale, 65.1% Female, 34.9%Male, 76.5% Female, 23.5%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 9.4% White, 64.1% American Indian and Alaska Native, 0.3%Black 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%
LGBT Percentage11%11%

Differences between finance director and controller, vice president duties and responsibilities

Finance director example responsibilities.

  • Manage treasury functions considering the inflationary situation and changes in economic patterns to minimize any negative impact they may involve.
  • Improve internal controls and operating efficiency by training accountants and converting general ledger reconciliations to GAAP formats.
  • Prepare financial data and footnotes for independent CPA annual audit financial statements.
  • Develop financial models in Hyperion to aggregate sales data and allocate expenses for profitability analysis.
  • Complete Sarbanes-Oxley procedural requirements for entire incentive development, administration and reporting process.
  • Develop an electronic billing capacity and are the first Montana health care provider to bill Medicaid electronically.
  • Show more

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.
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Finance director vs controller, vice president skills

Common finance director skills
  • CPA, 7%
  • Financial Analysis, 6%
  • Payroll, 4%
  • Work Ethic, 4%
  • Oversight, 4%
  • Financial Management, 4%
Common controller, vice president skills
  • Risk Management, 10%
  • Oversight, 9%
  • Internal Controls, 6%
  • CPA, 4%
  • Internal Audit, 4%
  • External Auditors, 4%

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