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The differences between projects controllers and finance vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a projects controller, 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 $79,451 average annual salary of a projects controller.
The top three skills for a projects controller include project management, financial analysis and project controller. The most important skills for a finance vice president are CPA, financial analysis, and oversight.
| Projects Controller | Finance Vice President | |
| Yearly salary | $79,451 | $147,603 |
| Hourly rate | $38.20 | $70.96 |
| Growth rate | 6% | 17% |
| Number of jobs | 16,334 | 111,219 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Average age | 44 | 46 |
| Years of experience | 4 | 8 |
A project controller is responsible for evaluating the effectiveness of project management procedures, ensuring that the team adheres to the clients' specifications and requirements, and keeping all project resources and deliverables within the budget goals and set timeframe. Project controllers determine the progress of the project and coordinate the updates to the client, adjusting the project approach as needed to achieve high-quality standards and objectives. They also maintain an organized report of expenditures, as well as generating process reports to identify potential process improvement techniques that will maximize operational efficiency.
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.
Projects controllers and finance vice presidents have different pay scales, as shown below.
| Projects Controller | Finance Vice President | |
| Average salary | $79,451 | $147,603 |
| Salary range | Between $53,000 And $118,000 | Between $98,000 And $222,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | California Resources | Baltimore City Community College |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a projects controller and a finance vice president in terms of educational background:
| Projects Controller | Finance Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between projects controllers' and finance vice presidents' demographics:
| Projects Controller | Finance Vice President | |
| Average age | 44 | 46 |
| Gender ratio | Male, 55.9% Female, 44.1% | Male, 73.7% Female, 26.3% |
| Race ratio | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.9% White, 62.3% American Indian and Alaska Native, 0.5% | 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 Percentage | 7% | 11% |