FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
Sorry, we can't find that. Please try a different city or state.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

Sorry, we can't find that. Please try a different city or state.

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Become A Group Vice President

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Group Vice President

  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Guiding, Directing, and Motivating Subordinates
  • Coaching and Developing Others
  • Establishing and Maintaining Interpersonal Relationships
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $155,000

    Average Salary

What Does A Group Vice President Do

Financial 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.

Duties

Financial managers typically do the following:

  • Prepare financial statements, business activity reports, and forecasts
  • Monitor financial details to ensure that legal requirements are met
  • Supervise employees who do financial reporting and budgeting
  • Review company financial reports and seek ways to reduce costs
  • Analyze market trends to maximize profits and find expansion opportunities
  • Help management make financial decisions

The role of the financial manager, particularly in business, is changing in response to technological advances that have substantially reduced the amount of time it takes to produce financial reports. Financial managers’ main responsibility used to be monitoring a company’s finances, but they now do more data analysis and advise senior managers on ways to maximize profits. They often work on teams, acting as business advisors to top executives.

Financial managers also do tasks that are specific to their organization or industry. For example, government financial managers must be experts on government appropriations and budgeting processes, and healthcare financial managers must know about topics in healthcare finance. Moreover, financial managers must be knowledgeable about special tax laws and regulations that affect their industry.

The following are examples of types of financial managers:

Chief financial officers (CFOs) are accountable for the accuracy of a company’s or organization’s financial reporting, especially among publicly traded companies. As head of a company’s entire financial department, they manage the lower level financial managers. They oversee the company’s financial goals, objectives, and budgets.

Controllers direct the preparation of financial reports that summarize and forecast the organization’s financial position, such as income statements, balance sheets, and analyses of future earnings or expenses. Controllers also are in charge of preparing special reports required by governmental agencies that regulate businesses. Often, controllers oversee the accounting, audit, and budget departments of their organization.

Treasurers and finance officers direct their organization’s budgets to meet its financial goals. They oversee the investment of funds and carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm’s expansion. They also develop financial plans for mergers (two companies joining together) and acquisitions (one company buying another).

Credit managers oversee their firm’s credit business. They set credit-rating criteria, determine credit ceilings, and monitor the collections of past-due accounts.

Cash managers monitor and control the flow of cash that comes in and goes out of the company to meet the company’s business and investment needs. For example, they must project cash flow (amounts coming in and going out) to determine whether the company will have a shortage or surplus of cash. 

Risk managers control financial risk by using strategies to limit or offset the probability of a financial loss or a company’s exposure to financial uncertainty. Among the risks they try to limit are those that stem from currency or commodity price changes.

Insurance managers decide how best to limit a company’s losses by obtaining insurance against risks, such as the need to make disability payments for an employee who gets hurt on the job or the costs imposed by a lawsuit against the company.

Show More

Show Less

How To Become A Group Vice President

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

Show More

Show Less

Do you work as a Group Vice President?

Send To A Friend

Group Vice President Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Do you work as a Group Vice President?

Help others decide if this is a good career for them

Average Length of Employment
Managing Director 4.6 years
Vice President 4.2 years
Group Manager 4.0 years
Group Director 3.6 years
Market Director 3.3 years
Top Careers Before Group Vice President
President 5.9%
Director 4.8%
Associate 4.6%
Manager 3.8%
Consultant 2.9%
Top Careers After Group Vice President
President 7.5%
Consultant 5.6%
Principal 5.3%
Director 3.8%
Volunteer 2.1%
Owner 2.0%

Do you work as a Group Vice President?

Group Vice President Demographics

Gender

Male

64.5%

Female

26.4%

Unknown

9.2%
Ethnicity

White

61.3%

Hispanic or Latino

13.8%

Black or African American

11.7%

Asian

9.5%

Unknown

3.6%
Show More
Foreign Languages Spoken

Spanish

34.1%

French

17.1%

Portuguese

7.8%

Mandarin

6.2%

Italian

6.2%

Chinese

5.4%

Korean

3.9%

German

3.1%

Arabic

3.1%

Russian

2.3%

Turkish

1.6%

Vietnamese

1.6%

Carrier

1.6%

Japanese

1.6%

Hindi

0.8%

Hebrew

0.8%

Hungarian

0.8%

Malay

0.8%

Dari

0.8%

Bengali

0.8%
Show More

Group Vice President Education

Schools

New York University

13.6%

Columbia University

8.3%

Northwestern University

6.3%

University of Pennsylvania

5.9%

University of Phoenix

5.5%

University of Chicago

5.5%

Harvard University

4.7%

Cornell University

4.5%

Fordham University

4.3%

Pace University - New York

4.2%

Arizona State University

4.2%

Georgetown University

4.2%

Ohio State University

4.0%

Syracuse University

3.8%

Michigan State University

3.8%

Saint John's University - New York

3.8%

Pennsylvania State University

3.6%

University of Missouri - Columbia

3.6%

Boston University

3.4%

Georgia State University

3.0%
Show More
Majors

Business

29.3%

Finance

19.7%

Accounting

6.9%

Marketing

6.8%

Economics

5.8%

Management

4.7%

Communication

3.5%

Political Science

3.5%

English

2.6%

Law

2.5%

Psychology

2.3%

Education

1.8%

Real Estate

1.5%

History

1.4%

Computer Science

1.4%

Journalism

1.4%

Electrical Engineering

1.3%

Mechanical Engineering

1.3%

Mathematics

1.2%

Biology

1.2%
Show More
Degrees

Bachelors

45.1%

Masters

34.7%

Other

11.6%

Doctorate

3.7%

Associate

2.5%

Certificate

1.8%

Diploma

0.4%

License

0.1%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$155,000
View Detailed Salary Report
$108,000
Min 10%
$155,000
Median 50%
$155,000
Median 50%
$155,000
Median 50%
$155,000
Median 50%
$155,000
Median 50%
$155,000
Median 50%
$155,000
Median 50%
$221,000
Max 90%
Best Paying Company
Aon
Highest Paying City
San Francisco, CA
Highest Paying State
New Hampshire
Avg Experience Level
4.2 years
How much does a Group Vice President make at top companies?
The national average salary for a Group Vice President in the United States is $155,233 per year or $75 per hour. Those in the bottom 10 percent make under $108,000 a year, and the top 10 percent make over $221,000.

Real Group Vice President Salaries

Job Title Company Location Start Date Salary
Group President KBR, Inc. Houston, TX Mar 11, 2013 $600,000
Group Vice President, Store Design and Constructio Abercrombie & Fitch Trading Co. New Albany, OH Oct 01, 2012 $360,000
Consulting Group Vice President Oracle America, Inc. Santa Clara, CA Oct 26, 2012 $340,000
Consulting Group Vice President Oracle America, Inc. Santa Clara, CA Oct 27, 2014 $340,000 -
$355,069
Group Vice President-Foodservice Sales H.J. Heinz Company Pittsburgh, PA Sep 14, 2014 $300,000
Group Vice President Telecom Jacobs Engineering Group Inc. Pasadena, CA Mar 17, 2014 $285,475
Group President, Professional Consumables Kerr Corporation Orange, CA Jan 07, 2016 $278,000 -
$517,000
Vice President, IBD Global Consumer Group Barclays Capital Inc. New York, NY Jun 25, 2015 $255,000
Vice President-Advisory Group The Blackstone Group New York, NY Sep 01, 2015 $250,000
Vice President, Advisory Group PJT Partners Holdings LP New York, NY Oct 01, 2015 $250,000
Group Vice President Telecom Jacobs Engineering Group Inc. Chicago, IL Mar 24, 2014 $250,000 -
$500,000
VP, Energy, Power, & Renewables Group The Blackstone Group New York, NY Sep 01, 2015 $250,000
Vice President, IBD, Global Consumer Retail Group Barclays Capital Inc. New York, NY Apr 27, 2016 $200,000
Vice President, Banking, Latin America Group Morgan Stanley & Co. LLC New York, NY Oct 30, 2014 $200,000
Vice President/Group Director Digitas, Inc. New York, NY Oct 07, 2013 $200,000
Vice President Financial Sponsors Group Nomura Securities International, Inc. New York, NY Aug 31, 2013 $200,000 -
$220,000
Vice President, Consumer & Retail Group Lazard Freres & Co. LLC. New York, NY Sep 29, 2015 $200,000
Vice President, Corporate Finance, Financial Sponsors Group Deutsche Bank Securities, Inc. New York, NY Jun 10, 2015 $200,000
Vice President, Investment Grade Trading Group Mitsubishi UFJ Securities (USA), Inc. New York, NY Feb 24, 2012 $200,000
Vice President, Power, Utilities & Infrastructure Group Lazard Freres & Co. LLC. New York, NY Jan 12, 2015 $200,000
Vice President, Industrials Group Keybanc Capital Markets Inc. Cleveland, OH Jan 29, 2016 $150,000
Vice President, Capital Markets Group CRT Capital Group LLC Stamford, CT Oct 01, 2011 $150,000
Vice President, Energy Group BMO Capital Markets Corp. Houston, TX Nov 11, 2013 $150,000
Vice President, Power & Utilities Group RBS Securities Inc. Stamford, CT Sep 29, 2011 $150,000
Vice President, Group Copy Supervisor FCB Worldwide, Inc. New York, NY Sep 02, 2015 $150,000 -
$180,000
VP, Group Copy Supervisor FCB Worldwide, Inc. New York, NY Mar 16, 2016 $150,000

No Results

To get more results, try adjusting your search by changing your filters.

See More Salaries

How Would You Rate The Salary Of a Group Vice President?

Have you worked as a Group Vice President? Help other job seekers by rating your experience as a Group Vice President.

Top Skills for A Group Vice President

  1. Business Development
  2. Financial Services
  3. Strategic Plan
You can check out examples of real life uses of top skills on resumes here:
  • Worked with customer relationship managers and other business development areas to establish credit exposure limits.
  • Analyzed bills and regulations to determine potential impact on corporation and financial services industry.
  • Supported executive management team of highly entrepreneurial division of Diversified in growth and strategic planning for the business unit.
  • Perform quantitative-based guideline control check on portfolios to ensure they meet legal, prospectus and internal guidelines.
  • Created a strategy to transition our engineering network infrastructure including determining obsolescence and efficient disposal of old assets.

How Would You Rate Working As a Group Vice President?

Are you working as a Group Vice President? Help us rate Group Vice President as a Career.

Rank:

Average Salary:

Embed On Your Website

Top 10 Best States for Group Vice Presidents

  1. Rhode Island
  2. Texas
  3. South Dakota
  4. District of Columbia
  5. Illinois
  6. New Jersey
  7. Nebraska
  8. New York
  9. Massachusetts
  10. Nevada
  • (48 jobs)
  • (1,015 jobs)
  • (25 jobs)
  • (173 jobs)
  • (930 jobs)
  • (573 jobs)
  • (70 jobs)
  • (1,960 jobs)
  • (588 jobs)
  • (92 jobs)

Top Group Vice President Employers

Jobs From Top Group Vice President Employers

Group Vice President Videos

EcoSport Preview with Group Vice President J Mays

Ruth Martinez - Vice President of Human Resources at Warner Music Group

Sales Compensation Trends: 2012 Survey Results

Related to your recently viewed content