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How to hire a finance vice president

Finance vice president hiring summary. Here are some key points about hiring finance vice presidents in the United States:

  • HR departments typically spend 15% of their expenses on recruitment.
  • It usually takes about 12 weeks for a new employee to reach full productivity levels.
  • It typically takes 36-42 days to fill a job opening.
  • The median cost to hire a finance vice president is $1,633.
  • Small businesses spend an average of $1,105 per finance vice president on training each year, while large companies spend $658.
  • There are currently 145,941 finance vice presidents in the US and 111,219 job openings.
  • New York, NY, has the highest demand for finance vice presidents, with 194 job openings.
  • New York, NY has the highest concentration of finance vice presidents.

How to hire a finance vice president, step by step

To hire a finance vice president, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire a finance vice president:

Here's a step-by-step finance vice president hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a finance vice president job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new finance vice president
  • Step 8: Go through the hiring process checklist

What does a finance vice president do?

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.

Learn more about the specifics of what a finance vice president does
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  1. Identify your hiring needs

    The finance vice president hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A finance vice president's background is also an important factor in determining whether they'll be a good fit for the position. For example, finance vice presidents from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list presents finance vice president salaries for various positions.

    Type of Finance Vice PresidentDescriptionHourly rate
    Finance Vice PresidentFinancial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.$47-106
    Director Of Administration & FinanceA director of administration finance oversees and directs an organization's administration and finance department, ensuring operations run smoothly and efficiently according to company standards and regulations. It is their duty to set goals and guidelines, lead the research and development efforts, establish procedures, manage the budgets and costs, review and evaluate financial reports, and implement the organizations' policies and standards... Show more$35-77
    Director Of Operations And FinanceA 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... Show more$37-87
  2. Create an ideal candidate profile

    Common skills:
    • CPA
    • Financial Analysis
    • Oversight
    • Risk Management
    • Due Diligence
    • GAAP
    • Payroll
    • Financial Performance
    • Business Development
    • Human Resources
    • Treasury
    • Rehabilitation
    • Securities
    • Strong Analytical
    Check all skills
    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.
    More finance vice president duties
  3. Make a budget

    Including a salary range in your finance vice president job description helps attract top candidates to the position. A finance vice president salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a finance vice president in Mississippi may be lower than in Alaska, and an entry-level finance vice president usually earns less than a senior-level finance vice president. Additionally, a finance vice president with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average finance vice president salary

    $147,603yearly

    $70.96 hourly rate

    Entry-level finance vice president salary
    $98,000 yearly salary
    Updated January 20, 2026

    Average finance vice president salary by state

    RankStateAvg. salaryHourly rate
    1California$154,930$74
    2Delaware$147,406$71
    3New York$145,624$70
    4Connecticut$141,916$68
    5Massachusetts$141,312$68
    6Texas$139,525$67
    7Nevada$135,706$65
    8Washington$135,571$65
    9Pennsylvania$133,634$64
    10Maryland$131,593$63
    11Minnesota$130,664$63
    12Missouri$130,230$63
    13New Jersey$130,050$63
    14Colorado$129,788$62
    15New Mexico$128,107$62
    16Utah$126,533$61
    17Virginia$126,267$61
    18Georgia$126,158$61
    19District of Columbia$125,021$60
    20Oregon$123,787$60

    Average finance vice president salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Baltimore City Community College$246,695$118.60
    2Dotdash$188,042$90.40
    3PVH$186,312$89.5718
    4Helios & Matheson$185,441$89.15
    5Dolby Laboratories$180,720$86.88
    6DoorDash$179,959$86.525
    7Federal Reserve$178,470$85.80
    8A+E Networks$174,072$83.693
    9Meredith Corporation$173,575$83.451
    10Therapy Source$171,314$82.36
    11Hca Hospital Services Of San Diego$171,070$82.25
    12UnitedHealth Group$169,940$81.7094
    13Petroleum Services Corp$167,386$80.47
    14ENERGY RECOVERY, INC.$167,359$80.461
    15Grass Valley (US), Inc.$167,097$80.34
    16Global Fund for Women$166,816$80.20
    17Hunterdon Healthcare$166,660$80.131
    18Zscaler$166,481$80.044
    19Lowell General Hospital$165,313$79.48
    20Blendtec$164,936$79.30
  4. Writing a finance vice president job description

    A job description for a finance vice president role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a finance vice president job description:

    Finance vice president job description example

    Responsible for the internal control accounting process, Warehouse, Cage and Count Room. Ensures compliance with existing and established company reporting policies and procedures and with the regulations and mandates of all governing bodies, both internal and external to the organization. Directly responsible for Financial Accounting, Revenue Audit, Cost Control, Cage, Count Room, and Warehouse.
    ESSENTIAL DUTIES AND RESPONSIBILITIES

    Reports directly to the SVP & GM and is responsible for the accuracy and efficiency in the preparation of all Financial Statements. Maintains and controls all financial records, reports and files to ensure their confidentiality and safekeeping. Ensures that all Financial Accounting, Revenue Audit, Cost Control, Cage and Count Room employees are trained to perform their duties in an efficient and effective manner. Assists in the timely preparation and interpretation of financial information for the property, including financial statements, budgets, forecasts, daily financial information and other financial data, after obtaining input from Operating Management as required. Ensure compliance with the established internal controls required to safeguard the property assets and to safeguard its integrity utilizing the Company guidelines. Responsible for monitoring expenses against a monthly operating budget as well as creating an annual departmental operating budget. Responsible for the annual company audit during both interim and final audit work. Provides timely and accurate support to all operating departments as needed. Reviews the work of staff to assure that duties assigned are performed in compliance with Company guidelines. Responsible for proactively identifying and implementing process improvements to streamline and gain accuracy. Responsible for the development of all direct reports. Support and maintain Horseshoe policy and procedures. Promote outstanding guest relations. Perform all other duties as assigned.

    SUPERVISORY RESPONSIBILITIES:

    Directly supervises financial accounting, revenue audit and Warehouse Supervisor, and indirectly responsible for those departments. Carries out supervisory responsibilities in accordance with the company's policies and applicable laws. Responsibilities include interviewing, training, selecting and adjusting rates of pay and hours of work, directing the work of employees, maintaining production, appraising employees' productivity and efficiency for purposes of recommending promotions or other changes (evaluations), handling employees' grievances and complaints, disciplining employees, planning work, providing for safety and security, and monitoring or implementing legal compliance matters.

    EDUCATION and/or EXPERIENCE

    BA/BS in Accounting / Finance (or related field) required. Specific knowledge of all phases of the casino accounting cycle. Includes professional appearance and impeccable integrity and excellent problem-solving skills. Strong analytical skills. Minimum ten (10) years accounting and supervisory experience. Strong computer skills. Ability to lead and monitor multiple projects. Excellent decision-making and problem-solving skills. Strong organization skills with the ability to handle multiple tasks.

    Join the thousands of winners at Horseshoe Casino Hammond! Located just 20 minutes from downtown Chicago, Horseshoe Hammond is the premier entertainment and gambling destination in Chicago and Northwest Indiana. Horseshoe boasts more than 2,100 slot machines and over 100 table games. Even appetites win at Horseshoe Casino! Enjoy fresh dining options from The Eatery: Café and H Burger. Horseshoe Hammond has been awarded Best Place To Work for the last 9 years!

    Caesars Entertainment will engage in an interactive process and make reasonable accommodations, as required by law, for individuals with disabilities or to accommodate pregnancy, pregnancy-related conditions, or where a conflict exists between the position and an individuals' religious beliefs or practices.

    The below statements are intended to describe the general nature and level of work being performed in this position. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the position.

    The Company reserves the right to make changes to the job description whenever necessary.

    As a part of the new hire process, finalist candidates will be required to complete a drug test and background check prior to an offer being extended, except where applicable law requires that such pre-employment screening occur post-offer. The Company is an equal opportunity employer and does not discriminate against employees or applicants based on race, color, national origin, sex, age over 40, religion, disability, sexual orientation, gender identity or expression, veteran status, marital status, or any other characteristic protected by law.
  5. Post your job

    There are various strategies that you can use to find the right finance vice president for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your finance vice president job on Zippia to find and recruit finance vice president candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting finance vice presidents requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new finance vice president

    Once you've selected the best finance vice president candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    After that, you can create an onboarding schedule for a new finance vice president. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a finance vice president?

Hiring a finance vice president comes with both the one-time cost per hire and ongoing costs. The cost of recruiting finance vice presidents involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of finance vice president recruiting as well the ongoing costs of maintaining the new employee.

Finance vice presidents earn a median yearly salary is $147,603 a year in the US. However, if you're looking to find finance vice presidents for hire on a contract or per-project basis, hourly rates typically range between $47 and $106.

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