Operations Vice President
Role:
The duties of an operations vice president centers around supervising business activities and ensuring workers sequence of operational productivity through assessment. You are expected to deliver tactical strategies that will push the company into accomplishing its vision and missions.
As an operations vice president, in obedience to the company's principles and procedures, you have the authority to employ and coach beginners and enact correctional measures when mandatory. Furthermore, you also have the volition to examine and authorize reports in diverse phases such as economic and new protocols as well as monitoring all shipping and analysis and developing strategies and protocols. Besides doing this, you are required to bargain with shippers and ensure a firm adherence to the client's requirement.
To fit into the role of an operations Vice President, you must possess a bachelor's degree or a master's degree, depending on the employer. You must also have good leadership, analytical, communication, organizational and problem-solving skills. You should as well be detail-oriented. You will earn an average yearly salary of $152,700, or $73.41 per hour. It ranges between $97,000 to $238,000.
- Average Salary: $163,076
- Degree: Bachelor's Degree
Vice President And Manager
Role:
If you've an eye on the executive suite and desire to be in the thick of an organization's day-to-day operations, then the role of a vice president and manager might work for you. In general, a vice president or a VP is the leader of a company or department who servers under the president, CEO, or chairperson. Becoming a vice president and manager is one of the most prestigious, sustainable, and profitable roles, which offers you an opportunity to communicate your ideas clearly and present new concepts or directions for your company's growth. Following behind the president and CEO, you'll be in charge of all business operations, decisions, and ventures. Vice president is a role that requires you to use your leadership and decision-making skills to develop and implement successful business strategies, provide management, oversight, and demonstrate a commitment to excellence all the time. Working as a VP, you'll usually be second or third in command and collaborate with the senior leadership of your company by overseeing the internal operations, but may step in the president's place when he/she is unavailable.
Unlike other positions, this role isn't something that one can attain simply with a degree or diploma. The minimum requirement to become a vice president is a bachelor's degree in business management or a related field. However, having an MBA or master's degree in the relevant field and extensive experience in supervisory and managerial roles may boost your chances of becoming a vice president. Mostly, employers look for an independent team-player with strong analytical and team-building skills for the vice president position. He/She must have a strategic vision and a willingness to take responsibility to ascertain the company's goals.
Being a vice president, typically you'll work full-time, based in an office, but may do moderate travel from time to time to meet the new business clients. You may work in a company of any size, in any industry, including manufacturing, hospitality, government, healthcare, or education. Your wages as a vice president vary widely depending on your company, industry, experience, and location. However, being a VP of a growing leadership team, you can expect to earn a generous amount of $157,531 in a year, along with compensation packages and other health benefits. Not only that, but the career advancement chances are genuinely positive. With advanced knowledge, skills, and experience, you can take the role of a top-level manager, senior vice president, executive, or president of your company. So if you aspire to move into a senior-level or executive-level position, vice president might be a perfect start for you!
- Average Salary: $142,496
- Degree: Bachelor's Degree
Finance Vice President
Role:
A finance vice president is responsible for directing all aspects of accounting operations, overseeing all transactions related to the general ledger, receivables, payables, payroll, and financial reporting. They analyze the company's financial results with respect to profits, trends, costs, and compliance with budgets. They issue regular status and ad hoc reports to senior management and provide strategic guidance around capital financing options to support company growth needs.
Further duties include developing and coordinating all relationships with lending/financial institutions, developing and maintaining all necessary accounting policies and systems, including general ledger and financial reporting, assisting senior management in financial planning and result management. Skills required for this position are strong organizational skills, attention to detail, and prioritizing and meeting deadlines.
They should also be able to multitask in a fast-paced environment with fluctuating priorities and deadlines, have the ability to work without direct supervision, and efficiently manage tasks and time. They need a bachelor's degree in accounting, finance, or business, but a master's degree would be preferred. They earn a whopping $159,272 a year, that's $76.57 an hour. This career is expected to grow by 16% and produce 104,700 new jobs by 2028.
- Average Salary: $147,603
- Degree: Bachelor's Degree
