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Finance responsibility division director vs finance vice president

The differences between finance responsibility division directors and finance vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a finance responsibility division director, becoming a finance vice president takes usually requires 6-8 years. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $138,200 average annual salary of a finance responsibility division director.

The top three skills for a finance responsibility division director include financial management, financial analysis and direct reports. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Finance responsibility division director vs finance vice president overview

Finance Responsibility Division DirectorFinance Vice President
Yearly salary$138,200$147,603
Hourly rate$66.44$70.96
Growth rate6%17%
Number of jobs74,370111,219
Job satisfaction-5
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 75%
Average age5246
Years of experience-8

Finance responsibility division director vs finance vice president salary

Finance responsibility division directors and finance vice presidents have different pay scales, as shown below.

Finance Responsibility Division DirectorFinance Vice President
Average salary$138,200$147,603
Salary rangeBetween $101,000 And $188,000Between $98,000 And $222,000
Highest paying City-San Francisco, CA
Highest paying state-Alaska
Best paying company-Baltimore City Community College
Best paying industry-Manufacturing

Differences between finance responsibility division director and finance vice president education

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

Finance Responsibility Division DirectorFinance Vice President
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance responsibility division director vs finance vice president demographics

Here are the differences between finance responsibility division directors' and finance vice presidents' demographics:

Finance Responsibility Division DirectorFinance Vice President
Average age5246
Gender ratioMale, 72.4% Female, 27.6%Male, 73.7% Female, 26.3%
Race ratioBlack or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%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 Percentage12%11%

Differences between finance responsibility division director and finance vice president duties and responsibilities

Finance responsibility division director example responsibilities.

  • Manage a staff of 14 FTE at headquarters and 26 FTE in remote locations serving a total of ~ 200 FTE.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Implement corporate ERP throughout international locations.
  • Implement ERP system for an FDA regulate manufacturing operation and start implementation process of an integrate document control system.
  • Provide decision-support analysis on projects and initiatives including approval recommendations for ROI on capital spending requests and key initiatives as needed.
  • Prepare year-end audit materials including tax packages, annual operating budget and quarterly/annual SOX testing.
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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.
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Finance responsibility division director vs finance vice president skills

Common finance responsibility division director skills
  • Financial Management, 19%
  • Financial Analysis, 12%
  • Direct Reports, 11%
  • Financial Statements, 10%
  • Financial Models, 6%
  • Financial Operations, 6%
Common finance vice president skills
  • CPA, 6%
  • Financial Analysis, 5%
  • Oversight, 5%
  • Risk Management, 5%
  • Due Diligence, 3%
  • GAAP, 3%

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