What is a Vice President Finance job?
A Vice President Finance job is a high-level executive position responsible for overseeing the financial operations of a company. This role involves supervising financial planning, budgeting, forecasting, and analysis to ensure the long-term financial stability and success of the company. The Vice President Finance works closely with other executives, such as the CEO and CFO, to make strategic financial decisions that impact the company's overall growth and profitability.
What usually do in this position?
The Vice President Finance is responsible for overseeing the financial operations of a company. Their duties typically include overseeing the financial planning and budgeting process, managing financial reporting, analyzing financial data, and providing financial guidance and support to other executives. They also manage the financial risk of the company and ensure that the company is in compliance with all financial regulations.
Top 5 skills for the position
- Financial Analysis and Planning
- Leadership and Management Skills
- Strategic Thinking and Decision Making
- Excellent Communication Skills
- Problem Solving and Analytical Skills
How to become this type of specialist?
To become a Vice President Finance, you typically need to have a degree in finance, accounting, or business administration. Many companies also require a master's degree in finance or related field. Additionally, you should have several years of experience in financial management, as well as excellent leadership and communication skills. It may also be helpful to obtain certification, such as a Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA).
Average salary
The average salary for a Vice President Finance is around $160,000 per year. However, salaries can vary depending on factors such as the size and location of the company, as well as the candidate's experience and qualifications.
Roles and types
There are various types of Vice President Finance roles, including Vice President of Finance and Administration, Vice President of Financial Planning and Analysis, and Vice President of Corporate Finance. These roles may differ in their specific responsibilities and focus areas, but all require the same core skills and qualifications.
Locations with the most popular jobs in USA
The most popular locations for Vice President Finance jobs in the United States are typically large cities with a strong financial industry presence. These include New York, Chicago, San Francisco, Los Angeles, and Boston.
What are the typical tools?
As a Vice President Finance, you will typically use a variety of financial tools and software to manage the financial operations of the company. These may include financial analysis tools, accounting software, financial planning and budgeting software, and financial reporting tools.
In conclusion
A Vice President Finance is a critical role in any company, responsible for managing the financial operations and ensuring the long-term financial stability and success of the company. To become a Vice President Finance, you need a strong foundation in finance, several years of experience, and excellent leadership and communication skills. With the right qualifications and experience, a Vice President Finance role can be a challenging and rewarding career path.