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The differences between vice president and managers and finance vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president and manager, 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 $142,496 average annual salary of a vice president and manager.
The top three skills for a vice president and manager include customer service, financial statements and real estate. The most important skills for a finance vice president are CPA, financial analysis, and oversight.
| Vice President And Manager | Finance Vice President | |
| Yearly salary | $142,496 | $147,603 |
| Hourly rate | $68.51 | $70.96 |
| Growth rate | 6% | 17% |
| Number of jobs | 45,981 | 111,219 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Average age | 52 | 46 |
| Years of experience | - | 8 |
A vice president/manager is responsible for monitoring the operations of the organization's departments, ensuring the completion of all tasks accurately to achieve business goals and client satisfaction. A vice president/manager often attends board meetings to share updates, identify business opportunities, and develop strategical procedures on improving the company's project management system. They also monitor budget goals and develop sales initiatives to boost the company's profitability. A vice president/manager must have excellent leadership and communication skills, as well as strong decision-making skills to make company decisions for overall development.
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.
Vice president and managers and finance vice presidents have different pay scales, as shown below.
| Vice President And Manager | Finance Vice President | |
| Average salary | $142,496 | $147,603 |
| Salary range | Between $102,000 And $198,000 | Between $98,000 And $222,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | Alaska |
| Best paying company | McCormack Baron Salazar | Baltimore City Community College |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a vice president and manager and a finance vice president in terms of educational background:
| Vice President And Manager | Finance Vice President | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice president and managers' and finance vice presidents' demographics:
| Vice President And Manager | Finance Vice President | |
| Average age | 52 | 46 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 73.7% Female, 26.3% |
| Race ratio | Black or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 77.0% American Indian and Alaska Native, 0.6% | 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 | 12% | 11% |