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The differences between vice presidents, operations and finance and operations vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president, operations and finance, becoming an operations vice president takes usually requires More than 10 years. Additionally, an operations vice president has an average salary of $163,076, which is higher than the $148,375 average annual salary of a vice president, operations and finance.
The top three skills for a vice president, operations and finance include financial statements, oversight and payroll. The most important skills for an operations vice president are customer service, oversight, and project management.
| Vice President, Operations And Finance | Operations Vice President | |
| Yearly Salary | $148,375 | $163,076 |
| Hourly rate | $71.33 | $78.40 |
| Growth Rate | 6% | 6% |
| Number Of Jobs | 173,653 | 147,465 |
| Job Satisfaction | - | - |
| Most Common Degree | Bachelor's Degree, 76% | Bachelor's Degree, 70% |
| Average Age | 44 | 52 |
| Years Of Experience | 6 | - |
A vice president of operations and finance is a senior management professional who develops financial management strategies and goals for an organization. This vice president must advise the corporate president and other senior management members about the organization's financial planning budget, cash flow, investment priorities, and policy matters. The vice president must supervise the work of the finance and operations teams while promoting high performance and continuous improvement among staff members. This vice president must also implement policies and procedures for both in finance and general operational realms.
The responsibilities of an operations vice president will revolve around overseeing business operations and ensuring workforce and workflow efficiency through evaluations and providing strategic plans that would drive the company to meet its vision and mission. An operations vice president, in adherence to the company policies and regulations, also has the power to hire and train employees, even to execute disciplinary actions such as termination or suspension when necessary. Furthermore, an operations vice president also has discretion in reviewing and approving reports and requirements in various aspects such as budgeting and new policies.
Vice presidents, operations and finance and operations vice presidents have different pay scales, as shown below.
| Vice President, Operations And Finance | Operations Vice President | |
| Average Salary | $148,375 | $163,076 |
| Salary Range | Between $99,000 And $221,000 | Between $106,000 And $249,000 |
| Highest Paying City | Jersey City, NJ | Seattle, WA |
| Highest Paying State | New Jersey | Washington |
| Best Paying Company | Western Digital | Altar'd State |
| Best Paying Industry | Technology | Hospitality |
There are a few differences between a vice president, operations and finance and an operations vice president in terms of educational background:
| Vice President, Operations And Finance | Operations Vice President | |
| Most Common Degree | Bachelor's Degree, 76% | Bachelor's Degree, 70% |
| Most Common Major | Accounting | Business |
| Most Common College | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, operations and finance' and operations vice presidents' demographics:
| Vice President, Operations And Finance | Operations Vice President | |
| Average Age | 44 | 52 |
| Gender Ratio | Male, 80.5% Female, 19.5% | Male, 77.7% Female, 22.3% |
| Race Ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |