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The differences between finance vice presidents and directors of operations and finance can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance vice president, becoming a director of operations and finance takes usually requires 4-6 years. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $118,503 average annual salary of a director of operations and finance.
The top three skills for a finance vice president include CPA, financial analysis and oversight. The most important skills for a director of operations and finance are oversight, financial operations, and payroll.
| Finance Vice President | Director Of Operations And Finance | |
| Yearly salary | $147,603 | $118,503 |
| Hourly rate | $70.96 | $56.97 |
| Growth rate | 17% | 6% |
| Number of jobs | 111,219 | 186,569 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
The vice president of finance is one of the highest-ranking executives in a company. He/She or she works under the chief financial officer, and both have similar duties that are often interchangeable. This executive's primary function is to oversee the company's financial records and project future financial plans and investments. The finance vice president ensures that the company's finances are managed suitably and effectively. This role's responsibilities include leading the team towards achieving the company's financial mission, monitoring the financial performance, preparing and presenting financial reports, and conducting audits on financial expenditures, assets, and liabilities.
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.
Finance vice presidents and directors of operations and finance have different pay scales, as shown below.
| Finance Vice President | Director Of Operations And Finance | |
| Average salary | $147,603 | $118,503 |
| Salary range | Between $98,000 And $222,000 | Between $77,000 And $181,000 |
| Highest paying City | San Francisco, CA | San Mateo, CA |
| Highest paying state | Alaska | New Jersey |
| Best paying company | Baltimore City Community College | Pure Storage |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a finance vice president and a director of operations and finance in terms of educational background:
| Finance Vice President | Director Of Operations And Finance | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance vice presidents' and directors of operations and finance' demographics:
| Finance Vice President | Director Of Operations And Finance | |
| Average age | 46 | 44 |
| Gender ratio | Male, 73.7% Female, 26.3% | Male, 61.7% Female, 38.3% |
| Race ratio | 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% | 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% |
| LGBT Percentage | 11% | 10% |