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What does a vice president do?

Updated January 8, 2025
8 min read
What does a vice president do

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

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Vice president responsibilities

Here are examples of responsibilities from real vice president resumes:

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Ensure that all require client information are captured in order to maintain compliance with AML, BSA, and KYC policies.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Customize clients' portfolios in fix income securities, equities, mutual funds, and FX markets obtaining ROI above peers.
  • Design and build the Java tools, metrics collection, SQL reports, and processes that make technology a force multiplier.
  • Manage internal and external communications, oversee publication of monthly newsletter, handle twitter and Facebook branding
  • Lead the corporate indirect procurement strategic sourcing team supporting the Americas commercial real estate and property management businesses.
  • Lead lending, secondary mortgage, security portfolio, treasury management, deposit operations, and development/implement company strategic plan.
  • Serve as a secondary support to debug issues with SQL.
  • Implement message injection tool in Java to speed up client onboarding.

Vice president skills and personality traits

We calculated that 10% of Vice Presidents are proficient in Healthcare, Oversight, and Project Management. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.

We break down the percentage of Vice Presidents that have these skills listed on their resume here:

  • Healthcare, 10%

    Supported PMI's internal Travel, Leisure, Entertainment and HealthCare vertical lines of business.

  • Oversight, 7%

    Provided project-level end-to-end architectural oversight and implementation governance.

  • Project Management, 6%

    Direct authority for all divisional personnel including sales, project management, administration, design, engineering and accounting.

  • Customer Service, 6%

    Reorganized work flow, optimized inter-unit support, optimized reporting, established improved customer service and improved morale and employee retention.

  • Risk Management, 6%

    Delivered optimized treasury and risk management functions following an acquisition eliminating 20 banking relationships and consolidating insurance and credit card programs.

  • Business Development, 5%

    Provided business development expertise, including relationship management for community partners and non-profits seeking grants, community development loans and investments.

"healthcare," "oversight," and "project management" are among the most common skills that vice presidents use at work. You can find even more vice president responsibilities below, including:

Leadership skills. The most essential soft skill for a vice president to carry out their responsibilities is leadership skills. This skill is important for the role because "top executives must be able to shape and direct an organization by coordinating policies, people, and resources." Additionally, a vice president resume shows how their duties depend on leadership skills: "provided leadership and support to the ceo and the overall organization of a distribution company implementing a new custom erp system. "

Problem-solving skills. This is an important skill for vice presidents to perform their duties. For an example of how vice president responsibilities depend on this skill, consider that "top executives need to identify and resolve issues within an organization." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a vice president: "selected as the pilot site to launch company-wide erp project system migration from lawson to jd edwards one world solution. ".

Time-management skills. vice president responsibilities often require "time-management skills." The duties that rely on this skill are shown by the fact that "top executives do many tasks concurrently to ensure that their work gets done and that the organization meets its goals." This resume example shows what vice presidents do with time-management skills on a typical day: "led global implementation of sap erp and advanced scm software, delivered on time and under budget. "

Communication skills. A commonly-found skill in vice president job descriptions, "communication skills" is essential to what vice presidents do. Vice president responsibilities rely on this skill because "top executives must be able to convey information clearly and persuasively." You can also see how vice president duties rely on communication skills in this resume example: "developed and implemented operational metrics and deployed communication matrix between organizations enabling the company to maintain sap as a core erp. "

See the full list of vice president skills

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Compare different vice presidents

Vice president vs. Assistant vice president operations

An assistant vice president of operations is responsible for monitoring the company's operational and production processes to ensure high-quality deliverables and achieve the highest client satisfaction. Assistant vice presidents of operations join the senior management team in implementing corporate decisions to enhance the efficiency and stability of the company to provide timely services for the clients and business partners. They also review financial and business transactions, identify cost-reduction methodologies, and develop opportunities to generate revenues and increase profits.

If we compare the average vice president annual salary with that of an assistant vice president operations, we find that assistant vice presidents operations typically earn a $61,072 lower salary than vice presidents make annually.Even though vice presidents and assistant vice presidents operations are distinct careers, a few of the skills required for both jobs are similar. For example, both careers require oversight, project management, and customer service in the day-to-day roles and responsibilities.

These skill sets are where the common ground ends though. The responsibilities of a vice president are more likely to require skills like "healthcare," "financial statements," "strategic direction," and "client relationships." On the other hand, a job as an assistant vice president operations requires skills like "avp," "rehabilitation," "internal audit," and "portfolio." As you can see, what employees do in each career varies considerably.

Assistant vice presidents operations tend to make the most money working in the finance industry, where they earn an average salary of $96,274. In contrast, vice presidents make the biggest average salary, $159,773, in the manufacturing industry.assistant vice presidents operations tend to reach similar levels of education than vice presidents. In fact, assistant vice presidents operations are 1.0% less likely to graduate with a Master's Degree and 1.8% less likely to have a Doctoral Degree.

Vice president vs. Senior vice president-operations

Senior Vice Presidents for Operations are top management employees who oversee the company's operations. They report to the company's Chief Executive Officer or roles equivalent to such. They are expected to be very familiar with everything related to the company, such as its products, services, and production activities, among others. As such, they would be able to create strategies that would elevate the performance of the company. They are heavily involved in the decision-making related to the different departments in operations. Senior Vice Presidents for Operations manage different departments related to operations. They ensure that all factors in operations contribute to the company's success.

Senior vice president-operations positions earn higher pay than vice president roles. They earn a $33,431 higher salary than vice presidents per year.Only some things about these jobs are the same. Take their skills, for example. Vice presidents and senior vice presidents-operations both require similar skills like "oversight," "project management," and "customer service" to carry out their responsibilities.

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that vice president responsibilities requires skills like "healthcare," "financial statements," "client relationships," and "loan portfolio." But a senior vice president-operations might use other skills in their typical duties, such as, "financial performance," "svp," "operational risk," and "logistics."

On average, senior vice presidents-operations earn a higher salary than vice presidents. Some industries support higher salaries in each profession. Interestingly enough, senior vice presidents-operations earn the most pay in the manufacturing industry with an average salary of $174,554. Whereas vice presidents have higher pay in the manufacturing industry, with an average salary of $159,773.In general, senior vice presidents-operations achieve similar levels of education than vice presidents. They're 4.7% more likely to obtain a Master's Degree while being 1.8% less likely to earn a Doctoral Degree.

Vice president vs. Vice president & general manager

A vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation. They mainly report to high-ranking officials such as the president and board members. Furthermore, a vice president and general manager may perform clerical tasks such as preparing progress reports and presentations, managing schedules, and responding to correspondence.

An average vice president & general manager eans a higher salary compared to the average salary of vice presidents. The difference in salaries amounts to vice president & general managers earning a $13,850 higher average salary than vice presidents.vice presidents and vice president & general managers both have job responsibilities that require similar skill sets. These similarities include skills such as "project management," "customer service," and "business development," but they differ when it comes to other required skills.

The required skills of the two careers differ considerably. For example, vice presidents are more likely to have skills like "healthcare," "oversight," "risk management," and "financial statements." But a vice president & general manager is more likely to have skills like "financial performance," "business strategy," "product line," and "continuous improvement."

Vice president & general managers make a very good living in the media industry with an average annual salary of $172,642. On the other hand, vice presidents are paid the highest salary in the manufacturing industry, with average annual pay of $159,773.When it comes to education, vice president & general managers tend to earn similar degree levels compared to vice presidents. In fact, they're 3.3% more likely to earn a Master's Degree, and 1.1% more likely to graduate with a Doctoral Degree.

Vice president vs. Human resources vice president

Human resources (HR) vice presidents play a vital role in the effective administration and operation of an organization's HR department. These executives are responsible for directing an organization's staffing goals and developing strategies to support the company's profitable and productive business operations. HR vice presidents also perform other duties and responsibilities, including planning payroll and employee benefits, facilitating the enforcement of standardized HR processes, and recommending new measures for employee performance evaluations. The skills and qualifications for this position include previous experience as an HR director, strong leadership skills, and in-depth knowledge of HR processes.

Human resources vice presidents tend to earn a higher pay than vice presidents by an average of $11,010 per year.While their salaries may vary, vice presidents and human resources vice presidents both use similar skills to perform their duties. Resumes from both professions include skills like "oversight," "customer service," and "risk management. "

Even though a few skill sets overlap between vice presidents and human resources vice presidents, there are some differences that are important to note. For one, a vice president might have more use for skills like "healthcare," "project management," "financial statements," and "real estate." Meanwhile, some responsibilities of human resources vice presidents require skills like "employee engagement," "succession planning," "hris," and "workforce planning. "

Human resources vice presidents enjoy the best pay in the manufacturing industry, with an average salary of $178,898. For comparison, vice presidents earn the highest salary in the manufacturing industry.human resources vice presidents reach higher levels of education compared to vice presidents, in general. The difference is that they're 5.1% more likely to earn a Master's Degree, and 0.2% more likely to graduate with a Doctoral Degree.

Types of vice president

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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