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Group controller vs finance vice president

The differences between group controllers and finance vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a group controller and a finance vice president. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $110,457 average annual salary of a group controller.

The top three skills for a group controller include internal controls, GAAP and balance sheet. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Group controller vs finance vice president overview

Group ControllerFinance Vice President
Yearly salary$110,457$147,603
Hourly rate$53.10$70.96
Growth rate17%17%
Number of jobs40,683111,219
Job satisfaction-5
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 75%
Average age4646
Years of experience88

Group controller vs finance vice president salary

Group controllers and finance vice presidents have different pay scales, as shown below.

Group ControllerFinance Vice President
Average salary$110,457$147,603
Salary rangeBetween $69,000 And $176,000Between $98,000 And $222,000
Highest paying CityHoffman Estates, ILSan Francisco, CA
Highest paying stateIllinoisAlaska
Best paying companySensient Flavors NABaltimore City Community College
Best paying industryManufacturingManufacturing

Differences between group controller and finance vice president education

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

Group ControllerFinance Vice President
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Group controller vs finance vice president demographics

Here are the differences between group controllers' and finance vice presidents' demographics:

Group ControllerFinance Vice President
Average age4646
Gender ratioMale, 82.2% Female, 17.8%Male, 73.7% Female, 26.3%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.6% White, 64.1% American Indian and Alaska Native, 0.3%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 Percentage11%11%

Differences between group controller and finance vice president duties and responsibilities

Group controller example responsibilities.

  • Develop long-term financial/ operational strategy for high-tech company as well as managed accounting, finance, and treasury operations.
  • Ensure all revenues, operational expenses, capital expenses and reserves are recorded accurately in adherence with GAAP and corporate policies.
  • Participate on selection and implementation team for new company wide ERP system.
  • Approve orders, handle customer exceptions, close monthly books, and approve payroll and work on special projects.
  • Implement closed loop world-class ERP and MRPII systems, expediting access to accurate data need for decision making and corrective actions.
  • Utilize strong organizational and financial skills in administering weekly payroll as well as daily deposits.
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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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Group controller vs finance vice president skills

Common group controller skills
  • Internal Controls, 7%
  • GAAP, 6%
  • Balance Sheet, 5%
  • External Auditors, 4%
  • R, 4%
  • SOX, 3%
Common finance vice president skills
  • CPA, 6%
  • Financial Analysis, 5%
  • Oversight, 5%
  • Risk Management, 5%
  • Due Diligence, 3%
  • GAAP, 3%

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