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Unit controller vs finance vice president

The differences between unit 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 unit controller and a finance vice president. Additionally, a finance vice president has an average salary of $147,603, which is higher than the $104,008 average annual salary of a unit controller.

The top three skills for a unit controller include financial analysis, payroll and financial reports. The most important skills for a finance vice president are CPA, financial analysis, and oversight.

Unit controller vs finance vice president overview

Unit ControllerFinance Vice President
Yearly salary$104,008$147,603
Hourly rate$50.00$70.96
Growth rate17%17%
Number of jobs55,537111,219
Job satisfaction-5
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 75%
Average age4646
Years of experience88

What does a unit controller do?

The duties of a unit controller depend on one's line of work or industry of employment. In a corporate setting, their responsibilities typically revolve around performing administrative tasks such as planning and producing business plans, coordinating with different departments or officials to gather data, overseeing sales and expenditures, preparing and processing documentation, managing the schedules and budgets, and devising strategies to identify new business opportunities. They may also present progress reports and sales forecasts to senior managers or executives. Furthermore, as a unit controller, it is essential to lead and encourage the workers to reach goals.

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.

Unit controller vs finance vice president salary

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

Unit ControllerFinance Vice President
Average salary$104,008$147,603
Salary rangeBetween $70,000 And $153,000Between $98,000 And $222,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaAlaska
Best paying companyWacker ChemieBaltimore City Community College
Best paying industryTechnologyManufacturing

Differences between unit controller and finance vice president education

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

Unit ControllerFinance Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Unit controller vs finance vice president demographics

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

Unit ControllerFinance Vice President
Average age4646
Gender ratioMale, 69.3% Female, 30.7%Male, 73.7% Female, 26.3%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% 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 unit controller and finance vice president duties and responsibilities

Unit controller example responsibilities.

  • Manage global consolidation of month end closing including review/analysis of financial statements ensuring adherence of GAAP guidelines.
  • Maintain and update the ERP system and average actual batch costing.
  • Provide training to finance and operation staff for the new ERP system.
  • Implement online expense report system and online account reconciliations along with lead the accounts payable outsourcing project.
  • Assess and close A/P & A/R ledger on a monthly basis, validate content and resolve various issues.
  • Prepare consolidated financial statements in accordance with GAAP.
  • Show more

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.
  • Show more

Unit controller vs finance vice president skills

Common unit controller skills
  • Financial Analysis, 9%
  • Payroll, 8%
  • Financial Reports, 6%
  • Internal Controls, 5%
  • Close Process, 5%
  • Financial Data, 5%
Common finance vice president skills
  • CPA, 6%
  • Financial Analysis, 5%
  • Oversight, 5%
  • Risk Management, 5%
  • Due Diligence, 3%
  • GAAP, 3%

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